Author

Topic: 2013-04-08 How to Mine Bitcoins (Read 1357 times)

legendary
Activity: 1078
Merit: 1003
April 08, 2013, 06:31:19 PM
#6
I don't remember using Beanie Babies as money.

Does anyone else have any records of Beanie Babies being used as money?  Google doesn't seem to know what the fuck he's talking about, so I assume only he does.
hero member
Activity: 616
Merit: 500
Firstbits.com/1fg4i :)
April 08, 2013, 06:22:10 PM
#5
The article seems to be back online...
legendary
Activity: 1450
Merit: 1013
Cryptanalyst castrated by his government, 1952
April 08, 2013, 05:22:13 PM
#4
The expert speaks: "I've run my systems for a weekend", from his article titled "How to mine bitcoins".
hero member
Activity: 658
Merit: 500
decentralize EVERYTHING...
April 08, 2013, 04:54:14 PM
#3
dead link... probably removed from TechCrunch out of embarrassment.
legendary
Activity: 980
Merit: 1029
April 08, 2013, 04:42:55 PM
#2
They don't split?
legendary
Activity: 1498
Merit: 1000
April 08, 2013, 03:38:20 PM
#1
http://techcrunch.com/2013/04/08/how-to-mine-bitcoins

Quote
Mining bitcoins – a process that helps manage bitcoin transactions as well as create new “wealth” – are the new Beanie Babies. Luckily for us, however, bitcoins seem to be going up in value and should maintain their value over time, unlike your mint condition Tiny the stuffed Chihuahua.

But how do you get bitcoins? You can begin by buying them outright, but the market is currently wild. At $188 per coin, the direction of the bitcoin is anyone’s guess right now and, unlike equities, these things don’t split. In short, you should probably mine. But what is bitcoin mining?
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