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The next time BTC gets to $200+ the market should reset to centiBTC (cBTC) where each trading unit is $2+.
When cBTC gets to $20+ the market should again reset to milliBTC (mBTC) where each trading unit is $2+.
When mBTC gets to $20+ the market should again reset to decamilliBTC (dBTC) where each trading unit is $2+.
And so on, so that in a few years billionthBTC (bBTC) would be the unit of trade and currency.
No wealth or value is ever lost. The trading unit thereby stays within people's currency comfort zone for conducting commerce.
Are you sure that's a good idea? My good buddy Warren Buffet told me never to split.When cBTC gets to $20+ the market should again reset to milliBTC (mBTC) where each trading unit is $2+.
When mBTC gets to $20+ the market should again reset to decamilliBTC (dBTC) where each trading unit is $2+.
And so on, so that in a few years billionthBTC (bBTC) would be the unit of trade and currency.
No wealth or value is ever lost. The trading unit thereby stays within people's currency comfort zone for conducting commerce.
Forgive my lack of knowledge.
What is a "Cleaveland Steamer" - and how does it relate to a 216 to 55 twelve hour move in BTC worth?
See urbandictionary for the answer to your first question. As to the second, it may accurately describe the mess and feelings of those involved in the whole ordeal.What is a "Cleaveland Steamer" - and how does it relate to a 216 to 55 twelve hour move in BTC worth?
I can't provide you with the precise numbers, but I can say that when I ran a test with a laptop, I was getting 6,200 H/S and the battery was slowly draining even while charging on an 85 Watt power supply. ...so, at least 85 Watt/hours or 262KHWH (kilo-hash-watt-hours)
That sort of shenanigans is likely to burn up an $90 power supply in a few months so that should be factored into your net.
That sort of shenanigans is likely to burn up an $90 power supply in a few months so that should be factored into your net.
Cleveland steamer ?
This has my vote.HAO DO I KNOW I GOT COIN>?
Okay, I'm being facetious, but I've tried to inform myself through research and now I'm just going to bite the bullet and ask some very newb-ish of questions:
Using Litecoin-QT, how do I know when I've successfully mined a block?
You get monies. Unless you've got some major power, you're probably not going to find one soon if you're solo mining
Okay, I'm being facetious, but I've tried to inform myself through research and now I'm just going to bite the bullet and ask some very newb-ish of questions:
Using Litecoin-QT, how do I know when I've successfully mined a block?
You get monies. Unless you've got some major power, you're probably not going to find one soon if you're solo mining
Perhaps a better way of asking is this:
How does Litecoin-QT inform you that you've received funds?
I could beg for a fraction of a coin to find out, but that's not the objective here.
Bit -> Bits
Bitcoin -> Bitcoins
Bitcoin -> Bitcoins
Not BitsCoin ? coz thats what your logic says...
Rugrat isn't pluralized into rugsrat simply because it's compound. It's rugrats.
HAO DO I KNOW I GOT COIN>?
Okay, I'm being facetious, but I've tried to inform myself through research and now I'm just going to bite the bullet and ask some very newb-ish of questions:
Using Litecoin-QT, how do I know when I've successfully mined a block?
Also, I understand that transactions often are often accompanied by verification fees. Since I'm running the client, does that mean I am participating in the verification process? Will I eventually start accumulating a small amount of fee revenue as well?
For bonus points:
I've read conflicting information as to whether the client needs to be open for me to receive coins. It seems like I should be able to close it and when it catches up on the block chain, it will see I got paid. So, which is it? Should I keep a client online if I'm expecting some coinage?
Okay, I'm being facetious, but I've tried to inform myself through research and now I'm just going to bite the bullet and ask some very newb-ish of questions:
Using Litecoin-QT, how do I know when I've successfully mined a block?
Also, I understand that transactions often are often accompanied by verification fees. Since I'm running the client, does that mean I am participating in the verification process? Will I eventually start accumulating a small amount of fee revenue as well?
For bonus points:
I've read conflicting information as to whether the client needs to be open for me to receive coins. It seems like I should be able to close it and when it catches up on the block chain, it will see I got paid. So, which is it? Should I keep a client online if I'm expecting some coinage?
I would suggest the community develop standards for a "good business seal of approval" - particularly as it concerns transparency and responsibility.
BBTCBB. Better Bitcoin Business Bureau. It just rolls off the tongue.