Uh,,,,,,,not me
I don’t know. Run up and then 71% crash in ‘13.
Another climb and then a 49% crash after the Mt Gox heist in ‘14.
Another decline of 36% this past summer.
It just seems too wild and speculative to ever be more than a niche/fad currency.
Built and expanding.
Yes I am part of a pool. To mine on your own can be slightly more profitable since the whole block will be yours but has a MUCH higher risk as you will be competing against pools who will generally find a block before you can.
Frame is simple PVC cut to desired length. The white boards with the pcie x16 slot are there so that I can pull the cards away from the motherboard to keep them cooler and allow the use of every pcie slot on the board.
The board I have coming will support 19 pcie connections natively. The board I am using now can only do 6 without some sort of expander.
Yes I am part of a pool. To mine on your own can be slightly more profitable since the whole block will be yours but has a MUCH higher risk as you will be competing against pools who will generally find a block before you can.
The board I have coming will support 19 pcie connections natively. The board I am using now can only do 6 without some sort of expander.
Who is willing to pay? There's no shortage of folks from middle class folks who are mortgaging their homes, to billionaires who really don't need any more money.
From time to time I like to take a look back at stocks and now cryptocurrency past prices just to kick myself around a little.
oh to be able to go back to July 28 2010.
Here’s a look at what a $100 investment in Bitcoin would be worth as of mid-morning Tuesday, when the value of a Bitcoin, per Coindesk, is $17,004.76.
July 28, 2010 – Early investors paid just six cents for a Bitcoin. A $100 investment seven years ago would be worth (you might want to sit down for this) $28,341,266 today.
Dec.12, 2011 – At $3.19, Bitcoin had already escalated a good-bit percentage wise. $100 would buy you a little more than 31 Bitcoin then, which would be worth $533,065 now.
Dec. 10, 2012 – One year later, the cryptocurrency was still going strong, with a rate of $13.54. Buying $100-worth then would have a current value of $125,589.
Dec. 16, 2013 – Things were off to the races by this point, or so we thought at the time. Bitcoin was worth $638, so a $100 investment might have seemed trivial. Nope. It would be worth $2,665 right now.
Dec. 8, 2014 – Well, it was a good run, right? Bitcoin had slumped to $350 in late 2014. A $100 investment would have a value of $4,859 today.
Dec. 7, 2015 – At $424, things were looking up a bit, though most of the world was still astonished people would pay that much for a digital currency. $100 invested then would fetch $4,010 today.
Dec. 12, 2016 – The explosion was just about to happen. Bitcoin was trading for $780. Had you put $100 into it, that investment would have increased by more than 2,000% to $2,180.
June 12, 2017 – Six months ago, no one thought Bitcoin could go much higher than the $2,592 it stood at. Boy, were we wrong. $100 then would be worth $656 now.
Dec. 5, 2017 – Had you bought $100 worth of Bitcoin just one week ago, you could sell it today for $145.
Dec. 10, 2017 – If you had bought at the low on Sunday’s slump (when prices fell to $13,160), that $100 would be worth $129.
Dec. 11, 2017 – Perhaps underscoring the fact that gravity eventually works on all things—even investments—$100 spent on Bitcoin yesterday would be worth just $99 today.EW
From time to time I like to take a look back at stocks and now cryptocurrency past prices just to kick myself around a little.
oh to be able to go back to July 28 2010.
Here’s a look at what a $100 investment in Bitcoin would be worth as of mid-morning Tuesday, when the value of a Bitcoin, per Coindesk, is $17,004.76.
July 28, 2010 – Early investors paid just six cents for a Bitcoin. A $100 investment seven years ago would be worth (you might want to sit down for this) $28,341,266 today.
Dec.12, 2011 – At $3.19, Bitcoin had already escalated a good-bit percentage wise. $100 would buy you a little more than 31 Bitcoin then, which would be worth $533,065 now.
Dec. 10, 2012 – One year later, the cryptocurrency was still going strong, with a rate of $13.54. Buying $100-worth then would have a current value of $125,589.
Dec. 16, 2013 – Things were off to the races by this point, or so we thought at the time. Bitcoin was worth $638, so a $100 investment might have seemed trivial. Nope. It would be worth $2,665 right now.
Dec. 8, 2014 – Well, it was a good run, right? Bitcoin had slumped to $350 in late 2014. A $100 investment would have a value of $4,859 today.
Dec. 7, 2015 – At $424, things were looking up a bit, though most of the world was still astonished people would pay that much for a digital currency. $100 invested then would fetch $4,010 today.
Dec. 12, 2016 – The explosion was just about to happen. Bitcoin was trading for $780. Had you put $100 into it, that investment would have increased by more than 2,000% to $2,180.
June 12, 2017 – Six months ago, no one thought Bitcoin could go much higher than the $2,592 it stood at. Boy, were we wrong. $100 then would be worth $656 now.
Dec. 5, 2017 – Had you bought $100 worth of Bitcoin just one week ago, you could sell it today for $145.
Dec. 10, 2017 – If you had bought at the low on Sunday’s slump (when prices fell to $13,160), that $100 would be worth $129.
Dec. 11, 2017 – Perhaps underscoring the fact that gravity eventually works on all things—even investments—$100 spent on Bitcoin yesterday would be worth just $99 today.EW
Bitcoin is just Skynet convincing humans to build the initial infrastructure for the takeover.
Folks think those computing rigs are “mining” for bitcoins but it’s really powering a soon to be aware AI system.
Folks think those computing rigs are “mining” for bitcoins but it’s really powering a soon to be aware AI system.
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Lol, where's that nice Arnold bot when ya need 'im... 
1 Bitcoin equals
$16524.99 US Dollars today.
I'll pass.
I'm gambling on distressed stocks.
$16524.99 US Dollars today.
I'll pass.
I'm gambling on distressed stocks.
Well I just used about 60 dollars worth of electricity to buy another 600 dollar video card. I still have about 85 left over for something else....
Can that equipment be used for anything else? If you decided to do something else?
How does the mining software work? Do you have to program it, or does a third party install, run, and administer the software on the system you provide?
You mention electricity cost, but do you have to pay for Internet access as well?
Given the current political environment, there are a LOT of things to invest in with strong fundamentals right now. If people believe in Bitcoin, more power to them, the "fundamentals" are lost on me and I don't chase anything when I'm late to the game. So if you have any questions about Bitcoin or don't fully understand it, you're behind the game, and will get eaten alive when it tanks. JMO.
