A question to Dai:
What did you expect to get from Bitcoin in the first place? Why did you start mining, and why does the fact it's quite difficult to get bitcoins by mining make it not worth your time to bother with the currency at all? It sounds like you saw a way to get free money and now that you're told that's not how it works, you lost interest. Is that the case?
To be honest I expected it to do what it said on the tin. Give up some computer power and get rewarded for it. Well after doing this for 3 months and I'm on my computer a lot 8/10 hours a day but, after 3 months nothing. Now my computer is not a low powered computer nor is it a high powered one about middle so after doing this for a quarter of a year that's the time scale we are talking, nothing. So bitcoin seems to be having a hard time living up to it's basic premise. Now there are other ways of generating bitcoins but, I've not looked into them but, here is the rub it would seem you have to use real money to buy bit coins to start trading in them, sort of defeats the object of bitcoins as an alternative currency (bit like buying shopping vouchers). This is what the FAQ states would take a year on average to generate 50 coins with a typical PC well after 3 months not a sausage and I have a typical pc. So this rings us back to trading. It would seem you (or a group of people) have to buy the bitcoins with real money to generate enough of them for the community to be able to trade as a community. We are back to the shopping voucher principal.
Question for you guys where do the bitcoins exchanges get there bitcoins from?
If it is from a computer my friend stonetz reckons he has a high powered computer that does little in the way of mining them so I'm just wondering what sort of computers the exchanges have to generate such large numbers of bitcoins.