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Bitcoin.
 

[Closed] Bitcoin.

Posts: 472
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[#5012834]

Has anyone bought any? Used any? I'm curious and any reading just leads a man round in circles.


 
Posted : 29/03/2013 10:15 pm
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About 3 years ago I started 'mining' when they were about £9 a coin.

A week later I had managed to mine about 1 thousandth of a coin.

Binned that off as a waste of time.

Basically, you need a massive computer bank to crack increasingly difficult mathematical equations. Of which there is a finite amount. So the harder it gets, there rarer it gets.

People are investing ££££s into hardware hackers are using botnets. There's money in it (somewhere).


 
Posted : 30/03/2013 12:13 am
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(double post)


 
Posted : 30/03/2013 12:13 am