UFC was using visitors computers to mine too. When pointed out they were like…uh, I didn’t put that there
Nice, I wish I had the thought to pick up some adobe stock back in the day.
I had mentioned this in another thread, but Canadian legal marijuana stocks are in a similar hype mania to crypto right now. It’s most likely already way over inflated but the volatility is completely insane day to day. It’s for sure dangerous and I’m an idiot so I’m not recommending it, but I jumped in about 5 weeks ago and I’ve already had multiple stocks go over 100% one of them up 300% … Only to come crashing back down before I took any profit (trying to play the long game). I was worried over the weekend that it’s on a death dive and I could go negative… (Which it very much still might do).
Just as my panic set in today this happened. These % gains are just today alone. I thought I could stomach it but even with only a few k bouncing around I feel like I’m gonna throw up some days. Gambling is not for me, but day traders are all over this stuff right now
Don’t try to build the reactors in your kitchen!
“I had it under control, it was not so dangerous,” he told the BBC.
But he added: “It was pretty stupid.”
This is how I feel. I can’t have anything I depend on in this stuff (despite retirement plans being largely in the stock market) so all I deal with is some stock I get through work and let it sit without caring too much about it. I’ve seen people in my family get invested and spend too much of their time watching CNBC, or whatever, fretting about ups and downs, gains and losses and not really doing anything else. I can’t handle that kind of stress.
For me it was all about the time I bit a coin and broke a tooth. So when this bitcoin thing came about it just brought back dreaded memories. So I invested in sand instead, through a nice Nigerian gentleman.
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Haha, they shouldn’t have been tricking us with chocolate wrapped currencies all these years
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I bought a sliver of bitcoin a month ago, and have been watching it plummet, hah.
I tried my hand at mining hempcoin, but the pool was sketchy, and there was just no real feedback from the organization behind it; it’s a shame because they aim to go beyond just transactions between consumers and dispensaries, but rather support the agriculture side as well, which includes uses beyond recreational use.
Since then, I’ve been mining Monero, somewhat successfully with my machine running two 980Tis. I’ve made $50 in four weeks, haha, but I’ve likely spent double that in electricity. Now, a machine running 4 1080Tis, or even 6 would be making some serious Monero a day. Enough that it would surely cover the utility costs.
I prefer proof of work, because it’s something you can fire and forget. The various exchanges (Bitrex, Binance, etc.) have these weird requests for all this personally identifiable information that really gives me pause at using their services to trade real money for crypto, and the using bitcoin through Binance gets you with the transactions fees!
China and South Korea are cracking down on people being able to exchange cryptos in general, so I’m guessing the loss of those markets is really having an effect on cryptocurrencies as a whole.
I mean, some of the largest Bitcoin mining operations are taking place in China.
What does a rig like that get you? Like per day?
It depends on many factors, but at todays crypto prices he says about $500 USD per day, for I think like 15 of those machines. The other ones in the pic are not his but he’s going to collect some rent from them. I don’t know all the exact numbers but at todays rates and machine price inflation. He’s prob looking at a minimum of 7 months before breaking even. Rent, electricity, machines, Just my estimate. Of course if crypto doubles he makes a lot more, and vise versa
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I wonder what hackers are secretly using these crypto farms for. 
So … much like looking past everything on @senocular 's desk and instead at the bubble wrap, what is the ladder for?
Ladders are for reaching higher, and otherwise inaccessible, areas. You’re welcome.
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That doesn’t answer the question.
In Vietnam, I recently asked a chap why he had a ladder on his motorcycle. (I didn’t ask about the 30 meter long hose dragging behind).
-is it for window cleaning?
(paus)
-No, it could be anything…anything.
This is a very specific question. “why do you have a ladder”…
Ah yes, of course… how silly of me.
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That is ok. I’m aware you do not know all the ways to use a ladder. Neither do I.
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I had one of these growing up:
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I am not much of an expert but I think I can recommend you to try out learncrypto for those of you who are beginners like me…That helps you answer a lot of questions including value, trading and so on. That means a lot for most people who are aiming to get a chance at getting the value of bitcoin in the long run. One can say that there is a lot to talk about when it comes to bitcoin’s aspects of working out on the trading block. Just make sure you do keep track of the current events of bitcoin so you won’t have to worry.
I like the idea, especially if governments take it on, make it official and use it prevent corporate tax evasion, money laundering, arms trafficking ect.
I cant see governments taking it on due to the cost of mining currency.
Maybe there’s a simpler way of generating keys (maybe only have the blockchain store the last 2-3 transactions) and maybe less secure or anonymous.
Maybe quantum computing will destroy crypto or maybe it could generate more crypto… who knows…
Can you imagine that… 115 billion in bitcoin worthless overnight because of quantum computing… 