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How the Internet Archive is having a great time with Bitcoin

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Re: How the Internet Archive is having a great time with Bitcoin

#21

Post by warfangle »

manish_gill wrote: post #16
jtchang wrote: post #2

I have so much respect for the internet archive. To me the internet archive represents an entity that really understands the "Internet" and aligns closely with a lot of the ideals of free speech and information access. Plus the wayback machine is super cool!

I'm more interested in mining them. Is it too late to start jumping on the BTC train ? Do you need special processors? Last I remember, you could still mine Bitcoins using GPUs.

You can use GPUs, but you will have much better luck using an ASIC.

Re: How the Internet Archive is having a great time with Bitcoin

#22

Post by unimpressive »

toomuchtodo wrote: post #18
unimpressive wrote: post #7

Earlier quoted context omitted.

I need to start recording bold predictions like this in some sort of journal. EDIT: I meant in general, not just for bitcoin.

Want me to write a browser extension that submits such quotes to the Internet Archive in their WARC format? :)

I'm not really sure what the internet archive would do with them. It'd make more sense from their perspective to just save the whole page.

Re: How the Internet Archive is having a great time with Bitcoin

#23

Post by dmm »

manish_gill wrote: post #16
jtchang wrote: post #2

I have so much respect for the internet archive. To me the internet archive represents an entity that really understands the "Internet" and aligns closely with a lot of the ideals of free speech and information access. Plus the wayback machine is super cool!

I'm more interested in mining them. Is it too late to start jumping on the BTC train ? Do you need special processors? Last I remember, you could still mine Bitcoins using GPUs.

You can still mine with AMD GPUs but the difficulty has been rising fast due to the release of ASICs.

For example, right now a Radeon HD 7970 will earn you about 1.4 BTC per month.

ASICs are not for sale anywhere. You can preorder from butterfly labs but there is no indication when they will ship.

Re: How the Internet Archive is having a great time with Bitcoin

#24

Post by mtgx »

blhack wrote: post #8

Okay, fine. How do I buy some bitcoin? Is bitinstant still cool? edit1: Okay, MT Gox seems to be having some server problems, but things are going...slowly. edit2: Mt Gox really wants my driver's license? This seems...not to be something that is a good idea. Should I really give them my driver's license?

If you're in US try Coinbase.com. If in Europe, you could try Bitstamp.net, but you need to set-up a SEPA account at your local bank. Then use that to buy from Bitstamp.

Re: How the Internet Archive is having a great time with Bitcoin

#25

Post by vidyesh »

manish_gill wrote: post #16
jtchang wrote: post #2

I have so much respect for the internet archive. To me the internet archive represents an entity that really understands the "Internet" and aligns closely with a lot of the ideals of free speech and information access. Plus the wayback machine is super cool!

I'm more interested in mining them. Is it too late to start jumping on the BTC train ? Do you need special processors? Last I remember, you could still mine Bitcoins using GPUs.

CPU Mining is possible but not profitable.

GPU mining is the traditional and the best way.

The thing is, if you have a very bad GPU you might not make any profit. The electrial costs are going to be a pain in that case.

If you have a fairly decent GPU, you can still mine and shine but expect a really low profit. If you aren't worried about the electrial costs ( as GPU is running 100% 24/7 ) then you could mine very well.

If you really want to know how much exactly you could mine

Use a manual calucaltor - https://tpbitcalc.appspot.com/

OR

Run a Miner http://bitminter.com/ ( Run the pool's miner for few minutes, it would calcuate an estimate for you )

Re: How the Internet Archive is having a great time with Bitcoin

#26

Post by agilebyte »

blhack wrote: post #8

Okay, fine. How do I buy some bitcoin? Is bitinstant still cool? edit1: Okay, MT Gox seems to be having some server problems, but things are going...slowly. edit2: Mt Gox really wants my driver's license? This seems...not to be something that is a good idea. Should I really give them my driver's license?

In UK without using your bank account details:

1. Go to Co-op and buy some UCash for cash 2. Exchange UCash to Bitcoins at https://btc-e.com/

Re: How the Internet Archive is having a great time with Bitcoin

#27

Post by anigbrowl »

dmm wrote: post #23
manish_gill wrote: post #16

Earlier quoted context omitted.

I'm more interested in mining them. Is it too late to start jumping on the BTC train ? Do you need special processors? Last I remember, you could still mine Bitcoins using GPUs.

You can still mine with AMD GPUs but the difficulty has been rising fast due to the release of ASICs. For example, right now a Radeon HD 7970 will earn you about 1.4 BTC per month. ASICs are not for sale anywhere. You can preorder from butterfly labs but there is no indication when they will ship.

Why not an FPGA?

Re: How the Internet Archive is having a great time with Bitcoin

#28

Post by dmm »

blhack wrote: post #8

Okay, fine. How do I buy some bitcoin? Is bitinstant still cool? edit1: Okay, MT Gox seems to be having some server problems, but things are going...slowly. edit2: Mt Gox really wants my driver's license? This seems...not to be something that is a good idea. Should I really give them my driver's license?

#bitcoin-otc on freenode. You can buy BTC with cash deposits at banks or with dwolla.

MtGox will take weeks to actually get working.

Re: How the Internet Archive is having a great time with Bitcoin

#29

Post by borgopants »

jlgreco wrote: post #17
rheide wrote: post #15

Earlier quoted context omitted.

So you want to open a bank account but you don't want to identify yourself?

Are they regulated as though they are a bank?

Not in the slightest. Look up what MtGox actually means.
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