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Thread: Lets Start Mining Bitcoins
11-28-2013, 05:41 PM #1
Creator of DarkFrost
- Join Date
- Apr 2010
- New York
Lets Start Mining Bitcoins
Bitcoins are valued over $1k right now.
I dont know about you, but i want in on this shit. Im down for starting a mine, but my laptop cannot handle that cant of shit. if anyone has a nice rig and is willing to host a mining server, that would be awesome. we can all get rich, you guys in?
11-28-2013, 05:48 PM #2
11-28-2013, 05:57 PM #3
- Join Date
- Jul 2008
All bitcoins have been mined
They were $300 laSt week
Last edited by MatthewH; 11-28-2013 at 06:34 PM. Reason: Double Post
11-28-2013, 06:01 PM #4
I don't understand bitcoins. How do they have value?
11-28-2013, 06:01 PM #5
11-28-2013, 06:03 PM #6
@aids, they haven't all been mined. There's 11 million bitcoins right now, out of a total of 21 million.
Mining isn't very lucrative these days though.
Here's a chart of GPUs (AMD is always used for efficient BTC mining) in case anyone does want to get into it:
Last edited by ToxicJew.; 11-28-2013 at 06:06 PM.
11-28-2013, 06:17 PM #7
11-28-2013, 06:24 PM #8
11-28-2013, 06:29 PM #9
1. It takes computational power to run the algorithms that "mine" them and
2. (and most importantly) people give them value. All money is worthless until enough people start believing in it.
11-28-2013, 09:52 PM #10
Hmm, I guess I could put one of my machines to work. What do I need to do?