Viewing profile — _n6th

Check out IOTA. In theory (and so far in practice) it solves the problems you describe. It does not yet have as solid a theoretical foundation as blockchain currencies, though, so …

You are aware that Ethereum Classic is not the same as the much, much higher-hashpower Ethereum chain, right?

Unless you have some ETH or BTC laying around, it's a bit of a hassle, but if you go to https://daohub.org/ and click "Get DAO Tokens" and then "Start Wizard" it will walk you thro…

One solution for this already exists: P2Pool. From the wiki page, "P2Pool is a decentralized Bitcoin mining pool that works by creating a peer-to-peer network of miner nodes." The …

Why does this guy think that Bitcoin can't be taxed? It's not like the government has magical dollar taxing beams. My employer would be in a terrible legal situation if they did no…

Yet another failure to understand the purpose of mining. The energy is NOT being wasted. In fact, the energy spent mining is the exact thing that makes the Bitcoin network function…

Whoever runs bitcoinfog might want to revise this statement on their gateway page: > And once again, running through Tor makes it not likely for us to be shut down under pressure f…

By the calculations above, you would be far, far better off just buying Bitcoins on an exchange than you would be mining them with non-free electricity.

If you hold your own gold, and it gets stolen, nobody is going to pay you back (unless you have some kind of insurance, which presumably could cover Bitcoins as well). Similarly, i…

> Everybody would generally be better off to throttle the rate [...] You're wrong about this. The Bitcoin network would be _much_ worse off (verging on useless) if the global hashr…

> Of course in hindsight it sounds like a great investment. But this stuff is highly volatile and not backed by anything. I'm not rushing to convert my bank account to bitcoin yet.…