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? :)
How the Internet Archive is having a great time with Bitcoin
31–40 of 55 posts
Re: How the Internet Archive is having a great time with Bitcoin
#32Earlier quoted context omitted.
The recent run-up is nothing. The price will be $300/BTC by next week and $3000/BTC by next year.
I need to start recording bold predictions like this in some sort of journal. EDIT: I meant in general, not just for bitcoin.
Re: How the Internet Archive is having a great time with Bitcoin
#33Earlier 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.
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 w…
I've heard it's more profitable to mine Litecoin then convert to BTC at this point.
Re: How the Internet Archive is having a great time with Bitcoin
#34Earlier 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.
Re: How the Internet Archive is having a great time with Bitcoin
#35Are the employees being paid in fixed Bitcoin amounts, or amounts relative to a USD-based (or other local currency) salary?
Re: How the Internet Archive is having a great time with Bitcoin
#36Are the employees being paid in fixed Bitcoin amounts, or amounts relative to a USD-based (or other local currency) salary?
Re: How the Internet Archive is having a great time with Bitcoin
#37Earlier 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.
Re: How the Internet Archive is having a great time with Bitcoin
#38Earlier quoted context omitted.
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
#39Earlier quoted context omitted.
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.
I don't see why decent ASICs will ever be for sale. It'll be more profitable to run them than to sell them so the manufacturers will keep them.