I have an engineer at my work that mines bitcoins. First you need to know how to code, then you need a bunch of computers to run algorithms continuously to mine little bits of it. He even said it's not worth it and was only doing it as a hobby.
20 years???![]()
The algorithms were developed in 2009...
perhaps youre thinking of![]()
Online currency bitcoin had 20 percent knocked off its price overnight on Thursday as one of its major exchanges became the victim of a hacking attack leading to a sell-off in the virtual currency after reaching an all-time high.
After soaring past $250 earlier, it's tumbled all the way down to current levels around $135.
Bitcoin is now 50 percent off its intraday high of $266.
Bitcoin Plunges - Business Insider
I don't how you guys fukk with this shyt. anyways, guess it's time to get in, down 50%.
So do I need a super computer to mine at this point? I'd be interested if it didn't take much effort, even if a lot of time would show small returns...seems like it wouldn't hurt me in any way so why not.
![]()
THE NWO ARE CLEARLY BEHIND THE FALL>>THEY WILL DO ANYTHING TO KEEP THEIR MONOPOLY ON FIAT CURRENCY SOTHEY CAN RULE THE WORLD WITH DEBTTTTTT...
To successfully generate anything, yes. You could always join one of the groups who mine as a distributed unit.
On the bright side, it did rebound to ~$200 after this.