Quote from: Vanquish7 on April 15, 2013, 09:53:47 AM

How pitifully small the shares you get actually are is completely beyond a joke, they want to abuse people GPUs with high stress levels and pay out not even pennies its an outright scam.

Who is *they*? If you're talking about the creators, they are not benefitting from bitcoin anymore than any of the other early adopters who were doing the same for a currency that was worth exactly 0.

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My gpu would probably burn out long before I make £10. I know my rate wasn't good but even if my 46 mhash was 460 mhash my GPU would still burn out long before I made any actual money. I think we are all pretty much being taken for a ride, even if your rates are alot better you are still pointlessly stressing your gpu for small payouts.

Other than your fans, which are actually rlatively cheap to replace with adftermarket parts, your GPU is actually less stressed by bitcoin mining (assuming it isn't overclocked) than it would be by the interimittent stresses of normal gaming. *Changes* in temperature are bad for electronics. Higher than ambient temperatures are not significantly stressful unless they are high enough to cause damage and your card will shut itself down before that point.

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If they want us to stress our computers and use copious amounts of energy they should pay out ALOT more. The whole thing is a scam to make some rich guy richer and hes doing it by burning out YOUR computer not his.

Again, you seem to think there is a *they* or a *he* who hands out bitccoins to people and then buys them back later for currency. The leap in logic here is astounding: why would someone who can arbitrarily create and hand out some digital item then buy that thing back when he could simply create more of it? It makes as much sense as Microsoft asking people to send in their copies of Microsoft office for cash payments.

Buyback of physical goods makes sense. Buyback of digital goods doesn't.

Bitcoin miners are verifying the cryptography associated with BTC transaction logs + some arbitrary 'busywork' work to keep the giant swarm of people doing this now from completing it too fast and creating coins at an excessive rate. They are "paid" by all the other people verifying those logs by mutual agreeement that whomever finishes this bit of verifiication work (that everyone estimates will take 10 minutes) finished first gets 25 BTC added to their account. There is no 'they' managing this system except all the people mining, including yourself.