papamoi, he is not ignorant of bitcoin, he's purposely scamming you. He's offering bitcoin mining rigs to the general public now at this link.http://www.liquidnitrogenoverclocking.com/news_21.shtmlApril 8, 2013
BitCoin Mining Systems
For those who are aware of the so-called ASIC hardware BitCoin miners that seem to take months to obtain and can't do anything else, how about a high-powered computer system you can use to BitCoin mine also?
For those who are unaware of what a BitCoin is, we offer this explanation from the April 2013 opening paragraph shown in Wikepedia
Bitcoin (BTC) is an online digital commodity that is based on an open-source, peer-to-peer encryption protocol first described in 2009 by a pseudonymous developer (or developers) named Satoshi Nakamoto. Bitcoin is not managed by any government or central authority. Instead, it relies on an Internet-based network. The creation of new bitcoins is automated and given to servers or "bitcoin miners" that confirm bitcoin creation as they add codes to a decentralized and archived log approximately every 10 minutes.
If this seems a little nebulous, we agree with you. Ignoring the details, here is what is important about Bitcoin:
Anybody can get involved by simply running "Bitcoin mining" programs that award Bitcoins just for participating in the hunt for them.
The value of just one single Bitcoin could potentially reach thousands of dollars (or much more).
It will become progressively more difficult to be awarded a Bitcoin as time goes on and more "miners" participate in the effort.
Surprisingly, just having a fast overclocked CPU will not propel you to the top of the Bitcoin Mining Heap. In fact, GPUs are better Bitcoin miners than CPUs. Again, without getting too technical, the thousands of so called CUDA capable cores within a high-end GPU can crush a fast CPU with only a handful of cores. And the "best" and fastest video card is not necessarily the best at Bitcoin mining.
There is a great deal of information on Bitcoin Mining as close as your favorite search engine and fingertips, but if you don't want to wade through all of that information, and you don't want to spend thousands of dollars on hardware that doesn't do anything else but "mine," continue reading.
Because the process of mining involves operating on secured data at the "bit" level, you will see the units of "speed" mentioned in terms of Megahash/second or Gigahash/second, abbreviated as MHash/sec and GHash/sec respectively. The Mega- prefix indicates 1 million/second while the Giga- prefix specifies 1 billion (or 1000 million to those from England) operations per second. In essence, more-per-second is better (of course) since it will result in more Bitcoins being awared to you in a given amount of time. We at Liquid Nitrogen Overclocking have taken a great deal of the guesswork out of all of this hash-talk, and offer three different mining systems:
Bitcoin Mining Products
Product CPU @ Speed Total CUDA Core Count Bitcoin Production Price
Corporal Miner Intel i7-2700K @ 5.00 GHz 2,668 0.10 Bitcoins/Day $4,500
Captain Miner Intel i7-3970X @ 5.00 GHz 5,200+ 0.25 Bitcoins/Day $6,750
Major Miner Intel i7-3970X @ 5.00 GHz 10,400+ 0.50 Bitcoins/Day $9,000
Please bear in mind these Bitcoin production figures are taken from actual April 2013 performance figures. As time goes on and Bitcoin mining becomes more popular, the reward for mining per-unit-of-time will drop in proportion to the number of active miners. It is therefore best to get involved in mining earlier rather than later.
We've seen BitCoin reach as high as $250 per coin, but let's use a variety of examples to see how long it would take to completely recover the cost of your hardware, and how much you could earn in one year of mining at the present rate of reward.
$4,500 Corporal Miner @ 0.10 BitCoins/Day
BitCoin Value ROI @ $X/coin Total $/year @ $X/coin
$100 450 days $3,650
$150 300 days $5,475
$200 225 days $7,300
$250 180 days $9,125
$300 150 days $10,950
$500 90 days $18,250
$750 60 days $27,375
$1,000 45 days $36,500
$2,000 22.5 days $73,000
$3,000 15 days $109,500
$5,000 9 days $182,500
$10,000 4.5 days $365,000
$6,750 Captain Miner @ 0.25 BitCoins/Day
BitCoin Value ROI @ $X/coin Total $/year @ $X/coin
$100 270 days $9,125
$150 180 days $13,687
$200 135 days $18,250
$250 108 days $22,812
$300 90 days $27,375
$500 54 days $45,625
$750 36 days $68,437
$1,000 27 days $91,250
$2,000 13.5 days $182,500
$3,000 9 days $273,750
$5,000 5.4 days $456,250
$10,000 2.7 days $912,500
$9,000 Major Miner @ 0.50 BitCoins/Day
BitCoin Value ROI @ $X/coin Total $/year @ $X/coin
$100 180 days $18,250
$150 120 days $27,375
$200 90 days $36,500
$250 72 days $45,625
$300 60 days $54,750
$500 36 days $91,250
$750 24 days $136,875
$1,000 18 days $182,500
$2,000 9 days $365,000
$3,000 6 days $547,500
$5,000 3.6 days $912,500
$10,000 1.8 days $1,825,000
We do not show the actual systems as we do for other builds here on the website, since astute system builders would be able to identify the components used in the construction of these Bitcoin mining systems. But, unlike the dedicated Bitcoin miners out there, our systems can be used for High End Gaming or other complex Scientific Calculations where CUDA technology can be very useful.
Call 610-818-5063 for more informtaion.