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crypto Satoshi ## Admin ## 18/02/21(Wed)07:02 No. 1 ID: 413d86 [Reply] Locked Stickied

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Your new board for all talk cryptocurrency from mining to trading to hodling!

#mining Satoshi 18/02/21(Wed)22:30 No. 2 ID: 4c1b65 [Reply]

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There's a channel on the irc for cryptocurrency mining, we're specializing in GPU stuff for the time being- #mining

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Satoshi 18/03/10(Sat)11:58 No. 18 ID: 1e4a88

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I have one of those. This image is actually out of date; there's a resivoir now (a recycled purified water bottle).

Stil, I caclcuclate in energy spent on cooling and cpu usage, per month, my 4.9Ghz won't make enough cryptocurrency to pay the bills.

Satoshi 18/03/10(Sat)11:59 No. 19 ID: 1e4a88


Satoshi 18/03/22(Thu)01:51 No. 21 ID: b23ab8

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I now have my mining hardware on it and not just that sacrificial test card I had pictured.
mason jar for reservoir, I tried to use hotglue to protect the jar lid AND tubing from the cuts in the metal lid. I'll be buying some better tubing and pumps later now that I know it can shave ~15-20c off from the RX 480 and 580.

instant exchanges john chapman 18/03/08(Thu)05:32 No. 17 ID: cfa289 [Reply]

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Yes, we all know that there is no shortage of crypto tools (wallets, exchanges, etc) but some are clearly shit and some are worth using.

Instant exchanges are the future and prevent entities from becoming the gods of the crypto world. After you factor in fees, services like shapeshift (or switchain) are not really more expensive and can be cheaper. They also don't require an account.

They are convenient for trading altcoins. If, for example, you want to buy Dash with your Monero, you will have to sell your Monero for something like Bitcoin, Ether or something similar first. Then you buy Dash with your bitcoin or ether, etcetera.

Instant exchanges will dominate. Switchain is a good option that compares rates of shapeshift to similar services and even has its own rates for some pairs http://www.switchain.com/?utm_source=exchange
. So you always get the best rate. Try it out. But most importantly, FEED CRYPTO!

Satoshi 18/02/27(Tue)01:36 No. 6 ID: 0c2267 [Reply]

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alright someone explain what all this bitcoin and cryptocurrency stuff is because i'm totally lost

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Satoshi 18/03/03(Sat)16:25 No. 11 ID: 5fc56a

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Nice FUD spreader

Satoshi 18/03/06(Tue)06:08 No. 15 ID: 4f87d4

Doesn't hurt that 99.99% of it is true

Satoshi 18/03/06(Tue)15:50 No. 16 ID: 50bd8f

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>Cryptocurrency is used to purchase illegal goods and services

Bitcoin in particular has been losing traction for illegal uses, as it is not 100% anonymous.
"We have some figures for malware ransoms paid in bitcoin (as, again, those payments are visible on the blockchain): About $1 billion in 2016 according to one report." If bitcoin's legitimate use is over $16billion/year, the U.S. dollar is more of a "currency of criminals".

>Aside from that there's not much use for most cryptocurrencies on a day to day basis.

Cryptocurrencies do have everyday uses, you can get a btc debit card, as well as use them on many sites. People are even purchasing property with bitcoin.

>They are lots of people looking into using blockchain technology for all kinds of interesting things

Blockchain technology is still growing, it could see many use cases. From a Sexual Consent blockchain (https://legalfling.io/) to a decentralized voting system (https://followmyvote.com/). Even AI blockchains.

>cryptocurrencies themselves aren't particularly interesting beyond the sociological angle.

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ulrikekoschinski18@gmail.com Ghostwrither 18/02/22(Thu)20:40 No. 3 ID: e8067d [Reply]

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