Topic: New to mining and have a couple questions! (Read 1030 times)
No doubt!
That doesn't even make sense.
Last week:
http://www.nbcchicago.com/news/local/Robbers-Allegedly-Used-Craigslist-to-Target-Victims-216929721.html
Moar:
https://www.google.com/search?q=craigslist+robbery
Perhaps just a modicum of common sense would help?
Thanks for the answers; I may look into bank transfer on localbitcoins, but I've already started most of the process to get set up on coinbase.
How do you buy your groceries, do you use a delivery service? I take it you never eat in a restaurant? I'm surprised that you never shop in any brick-and-mortar shops at all. While online shopping is popular, most people still do quite a bit of their shopping in locations where they actually have to meet someone in person at a cash register and hand them a payment.
Terrible analogy. I buy my groceries form a B&M that has a large sign that says groceries. It's sitting there waiting for me 24 hours a day. I know when I go this B&M and hand that person at a cash register that they are not going to rob me.
Buying BTC in person from someone posting on Localbitcoins is more like meeting someone to buy something from Craigslist. You need to agree on a meeting location. They may be late. One of you won't be able to find the meeting spot. They may rob you. They may kill you (highly unlikely but still possible).
It's the job of the localbitcoins advertiser to make sure that the transaction is professional, smooth, easy, and that everyone feels safe. If you find a trustworthy reliable seller (look at their ratings and feedback, pay attention to how they communicate and the arrangements they try to make), it's a lot more like buying something at a garage sale.
Sure, the garage sale wasn't there yesterday, and won't be there tomorrow, but you'll have an address and good directions. The seller/buyer will be there waiting for you when you arrive. The location will be public and safe. You don't go to a garage sale and fear that the seller is going to kill you or rob you. If I'm meeting in a bar or a restaurant, why the heck would someone try and rob me of the $50 they just handed me, when they could get a WHOLE LOT MORE by robing the business we are sitting in? That doesn't even make sense.
How do you buy your groceries, do you use a delivery service? I take it you never eat in a restaurant? I'm surprised that you never shop in any brick-and-mortar shops at all. While online shopping is popular, most people still do quite a bit of their shopping in locations where they actually have to meet someone in person at a cash register and hand them a payment.
Terrible analogy. I buy my groceries form a B&M that has a large sign that says groceries. It's sitting there waiting for me 24 hours a day. I know when I go this B&M and hand that person at a cash register that they are not going to rob me.
Buying BTC in person from someone posting on Localbitcoins is more like meeting someone to buy something from Craigslist. You need to agree on a meeting location. They may be late. One of you won't be able to find the meeting spot. They may rob you. They may kill you (highly unlikely but still possible).
Localbitcoins is the way forward. If you want to remain anonymous you can find a sellers who accepts a cash deposit in their bank account. Just make sure you use the escrow service 
- Which do you guys prefer as an exchange? coinbase or localbitcoins? I don't like the idea of meeting someone in person but I'm weird like that :p
A lot of users on Localbitcoins allow you to pay by internet bank transfer, and it has a built in escrow service.
- Which do you guys prefer as an exchange? coinbase or localbitcoins? I don't like the idea of meeting someone in person but I'm weird like that :p
How do you buy your groceries, do you use a delivery service? I take it you never eat in a restaurant? I'm surprised that you never shop in any brick-and-mortar shops at all. While online shopping is popular, most people still do quite a bit of their shopping in locations where they actually have to meet someone in person at a cash register and hand them a payment.
1. Coinbase. I don't even like to talk to strangers on the phone. I am not going to meet them.
2. Cheap laptop w/USB 3 is fine. People use Raspberry Pi's which have less power than a new phone. Good quality powered hub is a must.
3. I dunno
4. Personal choice. I use cgminer and like it.
2. Cheap laptop w/USB 3 is fine. People use Raspberry Pi's which have less power than a new phone. Good quality powered hub is a must.
3. I dunno
4. Personal choice. I use cgminer and like it.
Well hello there, I'm simply waiting for my nooby restrictions to be lifted, and I thought of a couple questions. Skip ahead of the backstory lol, tl;dr version: mining with an ASIC block erupter on a laptop and am broke.
I'm new to mining and was using GPU mining on a NVIDIA GeForce GT 745M which was going terribly, only around 13Mh/s but oh well. I bought an ASICMiner Block Erupter and am fairly happy with it... getting 332.9M/334.1Mh/s which I can't complain about. Planning on starting a large-scale mining operation but not as a business, I simply like the idea of cryptocurrency and love the fact that you have to mine for it o:
I'm broke haha, so my setup is simply one ASIC Block Erupter plugged into my laptop mining away while I develop my weird and unnecessary programs.
edit: mini rage, my image host isn't malicious o:
I'm new to mining and was using GPU mining on a NVIDIA GeForce GT 745M which was going terribly, only around 13Mh/s but oh well. I bought an ASICMiner Block Erupter and am fairly happy with it... getting 332.9M/334.1Mh/s which I can't complain about. Planning on starting a large-scale mining operation but not as a business, I simply like the idea of cryptocurrency and love the fact that you have to mine for it o:
I'm broke haha, so my setup is simply one ASIC Block Erupter plugged into my laptop mining away while I develop my weird and unnecessary programs.
- Which do you guys prefer as an exchange? coinbase or localbitcoins? I don't like the idea of meeting someone in person but I'm weird like that :p
- Since i'm going to be starting a large scale operation I need to get a dedicated machine; should I just get a little laptop with crappy specs that has usb 3.0 for hub operations? I've read you need to get hubs that are powered (which makes).
- BTCGuild.com is my current pool, is this one good? It seems like it has a lot of users and the interface is nice and clean.
- Should I stick with cgminer (very happy with it but it's my first so who knows) or is there one that others use and has a better track record?
edit: mini rage, my image host isn't malicious o:
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