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Showing 5 of 5 results by BlockShame
Re: Win 3 BTC in new great contest from Cointelegraph and Liberty.me
As for the biggest fraud, my vote is for SheepMarketplace, no competition here.
Ha, Trendon Shevers's pyramid is a good competition.
I love to gamble, and a chance to gamble for free is great!
Thanks
Thanks
I'd rather not gamble but bet on sport with betvip - seems easier. Besides, 2BTC sound better than $30.
I've checked THIS and it does not seem very difficult.
This is just embarrassing... Total ignorance of the problem satoshi was setting out to solve.
It's an op-ed piece, i don't think it reflects the views of Forbes...
Yeah, but it is still embarrassingly ignorant.
Mining isnt about processing transactions, it is about fairly distributing coins and preventing anyone from cornering the market.
How does mining accomplish this? Last I checked most coins are falling into the hands of financially well off miners with huge mining farms. Massive capital investments are now needed to run a profit mining, it's a system that only allows the rich to become richer.
What is your alternative? Let a single institution print them at whim?
Also, the electricity costs are not paid by anyone but the miners. They are also forced to sell coins to pay bills, thus making coins more affordable to us proles.