Topic: Introduce yourself :) - page 185. (Read 1066133 times)

Yo, I'm new here.

Mined my first bitcoin the other day. So far so good. 11 days to mine it in the pool.

Hello!

Obligatory intro post. Look forward to reading more about BTC.

Hi all!

I register here to get more knowledge and experience in hunting.

You are incorrect, and need to learn more about how proof-of-work works. The key to any proof-of-work function is that it is it difficult to perform the work, but easy to verify that the work is correct. In the case of Bitcoin, the function is to find a set of data whose SHA-256 hash is less than a particular "target" value. Since hashes are essentially random, there is no way to perform this function without repeatedly hashing many candidate data sets until you find one which matches the target. The lower the target, the more hashing operations are required. But crucially, verifying that the solution is correct requires only a single hashing operation, regardless of the target. Although ASICs substantially increase the difficulty of finding hashes, verifying them does not (and will never) require any more computational effort than it does presently.

Note also that the purpose of mining is not to provide "a level playing field", but to secure the blockchain from attack. ASICs help this security by making attacks utilising conventional hardware (such as botnets or general-purpose supercomputers) much less feasible.

I'm also not sure I understand your proposed "solution" to this non-existent problem, either, though it seems to be far more centralised (and therefore vulnerable to attack), and also nobody like inflatacoins, neither.

Hello!

I'm new Bitcoin user from Russia.
I registered here to ask some questions and learn more about Bitcoin.

After a long time away from BTC I'm getting back into it a little, mostly due to the large increase in exchange rate as of late.

Good day to all, I am new to bitcoin mining, and linux.

I din't realise that there was this 5 post rule that had been added, I've been thinking that I'm retarded for not figuring it out...

Finally I figure out why I can't reply to posts, coming back to the board after 2 years...

Hi all, I've been reading EVERYTHING on the Wall Observer thread - very informative and sometime entertaining too

Hi there!

I represent RedBedlam a UK-based games developer.  We just started accepting Bitcoin for our latest MMO game, The Missing Ink - www.missing-ink.com

We plan to support Bitcoin for all our future games.

hi im a new guy in bitcoin mining world.... SUP?!

Fellow Newbies,

Portnoy's thread Free Bitcoin Sites *and* Free Newbie Lotto is good for newbies.

There is a list of sites giving away free bitcoins.  Also, a daily draw for newbies.  Its fun.

Got into bitcoin sometime ago, not at $5 but at $58.

Trying to become rich now, or at least to fulfill my dreams.

How does it go....

The best point to invest in BTC was at 5$. The second best is today.

Introductory post - Hi!

Interested in FPGA mining, I've read the thread but am not clear on the best place to start with xilinx and multicore.
I can fo teh fpg abit but s/w is more of a problem - don't know python (yet).

Hi, I'm poriks.  I'm here to learn more about bitcoins.  I want to know how to mine and trade bitcoin.

Hi I'm ferrellr just have some fun here

Manipulation = "bad form"

Sorry for my english