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Joined: May 2011
Posts: 1,317
Forum Addict
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OP
Forum Addict
Joined: May 2011
Posts: 1,317 |
Have you got any? Or any other crypto currency?
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Joined: Jun 2013
Posts: 111
Enthusiast
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Enthusiast
Joined: Jun 2013
Posts: 111 |
i started to mine bitcoins but it was a slow process as i didnt have the best graphics card for the job.
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Joined: Aug 2005
Posts: 16,345 Likes: 1
Wiki Master
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Wiki Master
Joined: Aug 2005
Posts: 16,345 Likes: 1 |
Why do you need a good graphics card?
![[Linked Image]](https://www.wikiwirral.co.uk/forums/ubbthreads.php/ubb/download/Number/13143/filename/sig.jpg) ![[Linked Image]](https://www.wikiwirral.co.uk/forums/ubbthreads.php/ubb/download/Number/13362/filename/rant0000.gif) Putin khuilo
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Joined: Aug 2005
Posts: 16,345 Likes: 1
Wiki Master
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Wiki Master
Joined: Aug 2005
Posts: 16,345 Likes: 1 |
Since this article the web and bitcoins has gone viral, i never heard of bitcoins until i seen this....
[youtube]4vExeRv7fI8[/youtube]
Putin khuilo
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Joined: Dec 2012
Posts: 7,253 Likes: 2
Wiki Addict
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Wiki Addict
Joined: Dec 2012
Posts: 7,253 Likes: 2 |
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Joined: Aug 2005
Posts: 16,345 Likes: 1
Wiki Master
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Wiki Master
Joined: Aug 2005
Posts: 16,345 Likes: 1 |
Cheers zipper 
Putin khuilo
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Joined: Jun 2013
Posts: 111
Enthusiast
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Enthusiast
Joined: Jun 2013
Posts: 111 |
Why do you need a good graphics card? the generation software uses the GPU from your graphics card which is alot fater than Pure CPU power , there is software that uses the CPU power but alot slower ..
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Joined: Jun 2011
Posts: 17,792 Likes: 3
Wiki Master
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Wiki Master
Joined: Jun 2011
Posts: 17,792 Likes: 3 |
Over the last few weeks there have been a number of programmes on the radio which have covered the subject of 'bitcoins'. I was really interested in them and how it was explained seemed easy enough to follow until the final paragraph, in which warnings were given. Still don't know much about them, as retaining the information is becoming more difficult,  but I reckon they are worth a go , so long as nobody puts their life on the line and they can undersrand the process to get there. They might be getting out of reach now for many.
Humankind has not woven the web of life. We are but one thread within it. Whatever we do to the web, we do to ourselves. All things are bound together. All things connect.
~Chief Seattle
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Joined: Jun 2013
Posts: 111
Enthusiast
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Enthusiast
Joined: Jun 2013
Posts: 111 |
2 months ago the value of a bitcoin was around £60.00 ..last night i checked and saw each bitcoin was now worth £705.00 ... with that in mind remember they can also drop in value as quickly as they increase
currently i see 1 BTC = £609.07370 GBP
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Joined: May 2011
Posts: 1,317
Forum Addict
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OP
Forum Addict
Joined: May 2011
Posts: 1,317 |
This is simply stock market stuff these days. I bought 2 12 months ago for £20. Used 1 straight away and kept the other,
Current value is over 1000 dollars happy days!
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Joined: Apr 2013
Posts: 6
Beginner
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Beginner
Joined: Apr 2013
Posts: 6 |
Don't bother unless you are going to invest thousands in ASICs. If you don't know what they are stick to buying and selling bitcoins directly and don't bother attempting to mine them. The money will be in buying a few thousands of pounds worth now and waiting a few years to see what happens. Risky investment that will probably pay off for those who can afford it / have the kit to mine.
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Joined: Dec 2003
Posts: 5,683
Wiki Guide
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Wiki Guide
Joined: Dec 2003
Posts: 5,683 |
Still have no idea what they are.
"C20 LET bang"
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Joined: Dec 2013
Posts: 4
Beginner
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Beginner
Joined: Dec 2013
Posts: 4 |
Don't bother unless you are going to invest thousands in ASICs. If you don't know what they are stick to buying and selling bitcoins directly and don't bother attempting to mine them. The money will be in buying a few thousands of pounds worth now and waiting a few years to see what happens. Risky investment that will probably pay off for those who can afford it / have the kit to mine. spot on. get on to lite coins!
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Joined: Nov 2003
Posts: 21,269 Likes: 4
Wiki Master
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Wiki Master
Joined: Nov 2003
Posts: 21,269 Likes: 4 |
o Dear Bitcoin sinks after China restricts yuan exchanges Click Me
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Joined: Jul 2011
Posts: 3,621
Forum Guardian
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Forum Guardian
Joined: Jul 2011
Posts: 3,621 |
Did you dabble? Some of the people in at the start must have made some serious money - Serious money lost now though for those not out in time. I find the whole thing a weird concept.Is it just basically another Ponzi scheme?
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Posts: 14,354
Joined: July 2008
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