Anyone mining bitcoin?

Dividends Warrior

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lol i did, but i still don get it,
some site say wad solve some math problem
if solve liao wif correct answer u get +1 point
if u solve liao wrong answer u get -1

i don get the point is why need to solve those problem?
who is the one giving those problem to solve?
what is bitcoin?
where the bitcoins appear from?
when this start to become a trend?
why are people mining bitcoins?
how bitcoin can become a currency?

All very valid questions.
 

curse154

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lol i did, but i still don get it,
some site say wad solve some math problem
if solve liao wif correct answer u get +1 point
if u solve liao wrong answer u get -1

i don get the point is why need to solve those problem?
who is the one giving those problem to solve?
A:Nobody is giving anyone the problems to solve.
what is bitcoin?
where the bitcoins appear from?
when this start to become a trend?
why are people mining bitcoins?
how bitcoin can become a currency?

You are late 5 years to the party so you can don't bother about those questions :s13:

But if you really want the answers, you have to go technical:

 

afdah

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Hmm... sounds interesting. So, how do I do the calculations?

Let's say, I want to earn 1 BitCoin monthly?
How many GH miner should I get?
 

procmail

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Hmm... sounds interesting. So, how do I do the calculations?

Let's say, I want to earn 1 BitCoin monthly?
How many GH miner should I get?

You can mine BTC with a pool, but IMHO it's pretty hard. Unless you go buy a lot of hardcore bitcoin ASIC equipment.

Or you can mine Litecoins.

Are you intending to get ASICs?
 
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Yowzer

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YAC - Yacoin another digital currency

1 thread/cpu on each vps , currently only got 10 vps.
still exploiting free vps to expand :D:D
i using bter.com to exchange from yac - btc
around $5 a day for me

0.03-0.05 khash/s.
I'm not using my host to mine

But what's your cost of investment?
On a daily basis, is electricity cost significant?
 

afdah

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You can mine BTC with a pool, but IMHO it's pretty hard. Unless you go buy a lot of hardcore bitcoin ASIC equipment.

Or you can mine Litecoins.

Are you intending to get ASICs?

Yes, it seems ASICs is the only option for mining bitcoins successfully right now.
 

afdah

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I have no idea. Thats why I ask what GH or TH miner do I need to mine at least 1 bitcoin monthly.
 

shadowix

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So bot farm is better than btc farming? Is it ever possible to create a team of farmers* for you and you just handle the trading part>>>??
 
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