The Bitcoin Rush | Bitcointalksearch.org

FCTaiChi

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decentralizedhashing.com

Quote from: MicroGuy on November 08, 2013, 06:39:21 PM

Quote from: Mjbmonetarymetals on November 06, 2013, 11:35:20 AM

I was just wondering if Bitcoin mining has developed as Satoshi originally envisioned ?

I've read Satoshi's posts a few times over and he seems to like the idea of people using their rigs to replace electric heaters. Maybe he didn't expect this level of institutional/pool mining activity.

Come to think of it....Maybe he's making an altcoin at this VERY MOMENT and using a new handle? Hmmm?

Yeah, he knew that the larger entities would eventually supplant the hobbyist. I'm pretty sure he even wrote about it in his introduction, or white paper.

MicroGuy

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Twitter @realmicroguy

Quote from: Mjbmonetarymetals on November 06, 2013, 11:35:20 AM

I was just wondering if Bitcoin mining has developed as Satoshi originally envisioned ?

I've read Satoshi's posts a few times over and he seems to like the idea of people using their rigs to replace electric heaters. Maybe he didn't expect this level of institutional/pool mining activity.

Come to think of it....Maybe he's making an altcoin at this VERY MOMENT and using a new handle? Hmmm?

FeedbackLoop

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Thanks for the laugh Phinn et al. made my day!

Mjbmonetarymetals

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Here's to the good old days !

Mjbmonetarymetals

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Nice !!! Very nice Grin

Here's a Quick vintage shot taken of Mark Karples (mt gox) astride his gym ball as he takes a little time out.

"There's bitcoins in them there hills, panning's a great way to relax and forget about work etc." says Mark

claycoins

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I like it.

bbit

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Bitcoin

this was great phinny! Lol Grin

Phinnaeus Gage

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Bitcoin: An Idea Worth Spending

I'm glad you all enjoyed the humor. That is why I'm TMIBTCITW.

FCTaiChi

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decentralizedhashing.com

Three cheers Phin!

This is an oddly parallel, funny too that an xbt is worth almost two tons of iron ore.
http://au.ibtimes.com/articles/520155/20131107/australia-s-iron-ore-miners-add-65b.htm#.Unsbjxnn_qA

defaced

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Franko is Freedom

yes.. just yes.

Ecurb123

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I bet we could come up with comparable pics of nerds with all kinds of crazy mining rigs.

vpitcher07

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You have to add something about BFL in here hahah

silversurfer

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2011 throwback, funny excerpt from OCN forums: https://bitcointalksearch.org/topic/m.113860

orion87

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Eventually, the big corporations took over, made it into an industry and started controlling the supply AND price of it.

http://motherboard-assets.s3.amazonaws.com/content-images/article/modern-day-prospectors-will-haul-12000-gallons-of-cyanide-from-nevada-to-mine-for-gold-in-utah/3833fb6b626bc628459fb27f499e0255_vice_630x420.jpg

michaelmclees

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Mine those transaction fees kids!

Leanna

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This was awesome!

Thank you for the laugh

Kouye

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Cuddling, censored, unicorn-shaped troll.

Respect, excellent, mister TMIBTCITW.

And here's Phin explaining his grandkids people already mined almost all bitcoins before they could even try. Grin

Mud is cool, though, and edible, most of the time!