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Showing 5 of 5 results by oic0
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Topic
Board Beginners & Help
Topic OP
MtGox, Whats the point of an anonymous currency if they want my ID?
by
oic0
on 15/07/2012, 16:43:28 UTC
What is the point of an anonymous currency if they are going to force me to give them a copy of my ID before they will let me cash out? WTF? I have $130 just sitting in there. I mean I could do it... but that defeats the whole principle right?
Also, it was not a requirement when I signed up and I didnt know it was one until I tried to cash out most recently.
Post
Topic
Board Beginners & Help
Re: $300 Mining Rig... Need advice!
by
oic0
on 12/07/2011, 19:49:39 UTC
I would be looking at refurbished work stations. Cheapest thing you can find with a pcie video card slot.

Alternatively, after I filled all the PCs I had at home, what I did was buy just a card + PSU and slap it in my parents computer Wink I set the priority on the process real low. -F160. Out of the deal they get a more responsive computer capable of HD video and games. I can VNC in to control it and fix it whenever they call me "The printer doesn't work" etc... Their power rate is also dirt cheap compared to mine. Givin em a chip and mobo as soon as I can find a heatsink bracket for it too. Wont increase hash rate but if I'm using a few bucks in electricity every month it's only fair.
Post
Topic
Board Beginners & Help
Re: Why a limit of 21 million bitcoins?
by
oic0
on 12/07/2011, 16:40:42 UTC
Just imagine the US currency but in reverse. People used to buy things with coins and bills were to cover large amounts where a precious metal coin would be unwieldy. You get a bank note to represent that precious metal held in reserve elsewhere. Next thing you know the gold standard is gone, the coins aren't made of solid precious metals any more, and most people won't bend over to pick up a quarter. But that's beside the point Wink
Post
Topic
Board Beginners & Help
Re: DeepBit pool thread for newbies
by
oic0
on 12/07/2011, 14:38:47 UTC
What is the percentage on PPS?

I'm considering switching to deepbit because the Ghash rate is high enough that the luck should stay fairly steady and almost be like PPS even when you aren't using that option. I say that as I stare at a 15 hour 8 million shares so far unsolved block on my current pool. Makes for a lot of variability.
Post
Topic
Board Beginners & Help
Re: Another hour, what do.
by
oic0
on 12/07/2011, 14:34:51 UTC
Just pretend you are mining rep and your luck is low.