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Showing 20 of 89 results by FrogBBQ
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Re: Let's Count to 21 Million with Images
by
FrogBBQ
on 20/11/2012, 02:50:01 UTC
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Re: Let's Count to 21 Million with Images
by
FrogBBQ
on 20/11/2012, 02:49:20 UTC
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Re: Let's Count to 21 Million with Images
by
FrogBBQ
on 20/11/2012, 02:47:47 UTC
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Re: Let's Count to 21 Million with Images
by
FrogBBQ
on 20/11/2012, 02:47:13 UTC
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Re: Let's Count to 21 Million with Images
by
FrogBBQ
on 20/11/2012, 02:46:33 UTC
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Re: Let's Count to 21 Million with Images
by
FrogBBQ
on 20/11/2012, 02:45:56 UTC
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Re: Let's Count to 21 Million with Images
by
FrogBBQ
on 20/11/2012, 02:44:54 UTC
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Re: Let's Count to 21 Million with Images
by
FrogBBQ
on 20/11/2012, 02:43:56 UTC
Post
Topic
Board Mining
Re: I'm looking for partners for GPU mining I have free electricity
by
FrogBBQ
on 20/11/2012, 02:38:54 UTC
You mean June 31st 2013 I hope otherwise you lost already... 

Apparently, BTCFPGA already has the ASIC chip by the way. They are just finalizing the board design prior to final assembly, so I have heard but I may be wrong... 
As of BFL, they have the borad ready but are waiting for their ASIC chip according to the buzz.
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Board Economics
Re: Which countries would gain or lose the most from bitcoin as a world currency?
by
FrogBBQ
on 19/11/2012, 19:40:40 UTC
A world currency will not happen any time soon since it would deny any country the ability to wage war against another.

If you would have a world currency, nobody would be able to manipulate the currency in order to build an army, which comes at great cost. Look at what happened in Germany over the last century or more recently in the US who has de facto been in default since August 1971 when the conversion to gold was "indefinitely suspended". This has been true for all great powers, back to the Roman empire really. All these wars cost a lot of money and being able to print is the only way to finance them, for a time at least.

A world currency would mean relative peace and this unfortunately, as good as it sounds, is not what many leaders and vested interests would like to happen any time soon. One can make lots of money by wedging wars...
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Board Economics
Re: Could pegged real economy investments assist in stabilizing the BTC economy?
by
FrogBBQ
on 19/11/2012, 19:26:34 UTC
At present bitcoin has a way too small market cap anyway. With a total value of approximately $100-120M it is relatively insignificant and conversion to fiat currencies will be required. However, once it will have reached a more sizable amount (let say $10 Billion and above, $1T would be better), it will become a valid eCurrency with enough weight to be used as a bona fide medium of exchange. Current value of BTC would have to go up by 100-fold to do so though...
Let's be careful for what we wish for though, since at this stage governments will most likely start to show much more interest in BTC...
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Topic
Board Mining
Re: The upcoming halving of the block reward
by
FrogBBQ
on 19/11/2012, 02:03:50 UTC
You will not be mining much longer then.

Mining for BTC is based only on the value of BTC versus other currencies (e.g., USD, EU, Y...). All the rest is irrelevant.

As for your argument to switch to ASIC, it makes no sense if you are currently running an electricity guzzling GPU rig with a meager GH/s/W.
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Board Mining
Re: The upcoming halving of the block reward
by
FrogBBQ
on 18/11/2012, 14:34:05 UTC
Whatever limited drop in difficulty may occur, it will vanish as soon as the first ASIC rigs are delivered. In the end, if ASIC would be far away on the horizon, most would already have switched to FPGA rigs in order to remain profitable with the block reward halving. I am actually surprised that overall, few big time GPU miners did not do a full transition to FPGA months ago in order to reduce their electricity drain.
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Board Mining
Re: I'm looking for partners for GPU mining I have free electricity
by
FrogBBQ
on 18/11/2012, 14:20:26 UTC
This thread is going nowhere but troll-landia.
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Topic
Board Mining
Re: Tax Man
by
FrogBBQ
on 18/11/2012, 14:18:44 UTC
It seems that this lawyer has been going through the bitcoin & taxes issue here in a booklet you can get for 0.429 BTC.
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Topic
Board Mining
Re: Tax Man
by
FrogBBQ
on 18/11/2012, 06:13:46 UTC
Maybe you should read this. Looks to me to be a big can of worm for IRS at present though.
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Topic
Board Mining
Re: I'm looking for partners for GPU mining I have free electricity
by
FrogBBQ
on 16/11/2012, 14:27:47 UTC
If it is a scam why would anybody want GPU rigs anyway. Other than to make a very cheap GPU supercomputer, which is actually very useful in academia [http://www.youtube.com/watch?v=hSVo4ejZ7rc], I just do not see the point.

It would be easier to ask bitcoin miner to simply ship their rigs (shipping could be paid by the interested party) to be recycle for such purpose rather than trying to justify it for bitcoin GPU mining.

Anyway, each its own.
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Topic
Board Discussions générales et utilisation du Bitcoin
Re: Viens de commander chez BFL, delais ?
by
FrogBBQ
on 16/11/2012, 14:19:44 UTC
BFL n'est pas la compagnie la plus professionnel qui soit malheureusement. Ce n'est pas le beau site web qui fait le pro.
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Topic
Board Mining
Re: I'm looking for partners for GPU mining I have free electricity
by
FrogBBQ
on 16/11/2012, 14:11:28 UTC
Why on earth anybody would start a GPU mining farm these days weeks away from ASIC delivery? Consolidating existing rigs may be OK over the next few weeks or so but this is the very end of this era in my humble opinion.

Is this a scam?
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Re: Let's Count to 21 Million with Images
by
FrogBBQ
on 15/11/2012, 20:58:10 UTC