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Showing posts with label Bitcoin. Show all posts
Showing posts with label Bitcoin. Show all posts

Thursday, December 12, 2013

Bitcoin Digital Currency.

Bitcoin.  This is basically new to me.  I only just heard about it but it was first introduced in 2009.  Bitcoin as this currency is called can be mined using your computer.  My computer only has the capability to earn about 9 cents a day, this doesn't even cover the electricity that it would use.

But you can buy asic (Application Specific Integrated Circuits) Miners which mine much faster than your ordinary video card but they cost a fair bit and you have to mine for a while before you make the cost of the card back.  If I ever have any money i'm thinking of investing.  If i'd known sooner I could have maybe made some money.

I would probably invest in a asic miner and probably not make my money back.  Lol.

I'm going to run it overnight tonight to see how much I make.  This is basically another way to make some money.  Bitcoins were at one stage selling for $1200 US dollars for one.

U can run the software and still use the computer for surfing just not 3d games.

Look into Bitcoin if you want to make some money and you have a fast video card already.  Look into butterflylabs.com to they sell the asic miners.

This is all.

Leeda.