I'm giving myself ALL THE HEADACHES, today

"R Saldana [|Oo|======|oO|] - BTC/ETH/LTC Prophet" (r-saldana) 04/24/2015 at 13:51 • Filed to: None

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Trying to figure out how to start mining bitcoin with some excess servers, that I cannot get a decent offer on or approval to get rid of them. Aston drifts for your time.

PushToStart > R Saldana [|Oo|======|oO|] - BTC/ETH/LTC Prophet 04/24/2015 at 13:55

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Ok, can someone explain to me what the hell Bitcoin is? I've heard of it and seen it before plenty of times but I'm not actually entirely certain how it works and what it is other than some form of Internet currency or something...

1111111111111111111111 > R Saldana [|Oo|======|oO|] - BTC/ETH/LTC Prophet 04/24/2015 at 13:55

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I just retired 3 beefy esx hosts. I had the same idea.

R Saldana [|Oo|======|oO|] - BTC/ETH/LTC Prophet > PushToStart 04/24/2015 at 13:56

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It is supposedly anonymous currency of which the purchases it has been used for cannot be tracked. (Although, mush has changed since it became so popular on the Silk Road)

4muddyfeet - bare knuckle with an EZ30 > R Saldana [|Oo|======|oO|] - BTC/ETH/LTC Prophet 04/24/2015 at 13:57

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How many have you got? I think you need banks and banks of processors to get anything meaningful.

PushToStart > R Saldana [|Oo|======|oO|] - BTC/ETH/LTC Prophet 04/24/2015 at 13:58

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But Bitcoin transactions get handled over the internet, right? (That was my understanding, which might be wrong?)

It surely could be traceable somehow...

SidewaysOnDirt still misses Bowie > R Saldana [|Oo|======|oO|] - BTC/ETH/LTC Prophet 04/24/2015 at 14:00

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At this point, you’ll spend more on electricity than you’ll get from mining.

SidewaysOnDirt still misses Bowie > R Saldana [|Oo|======|oO|] - BTC/ETH/LTC Prophet 04/24/2015 at 14:01

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The SilkRoad guy got caught because he was an idiot, not because they were able to trace his bitcoin transactions.

R Saldana [|Oo|======|oO|] - BTC/ETH/LTC Prophet > 4muddyfeet - bare knuckle with an EZ30 04/24/2015 at 14:07

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I have 1 really high powered host and then 4 other dual cpu retired servers that could be used.

R Saldana [|Oo|======|oO|] - BTC/ETH/LTC Prophet > SidewaysOnDirt still misses Bowie 04/24/2015 at 14:08

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He got “caught” because he was a figurehead, and we all know how much American loves to hate figureheads.

spanfucker retire bitch > R Saldana [|Oo|======|oO|] - BTC/ETH/LTC Prophet 04/24/2015 at 14:09

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Unless you’re going to use dedicated FPGAs or ASICs, don’t even waste your time. CPU mining is worthless and even GPU has pretty much reached EOL. Whoever still actually uses and/or mines those bitcoins does so with dedicated ASICs and FPGAs that do nothing but crack the hashing algorithm that Bitcoin uses.

SidewaysOnDirt still misses Bowie > R Saldana [|Oo|======|oO|] - BTC/ETH/LTC Prophet 04/24/2015 at 14:09

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Yeah, but as far as the mechanics of getting caught, it was because he had his private email address listed on a forum that The Man was able to trace back to him.

R Saldana [|Oo|======|oO|] - BTC/ETH/LTC Prophet > SidewaysOnDirt still misses Bowie 04/24/2015 at 14:10

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Prosecuting the “creator” of the silk road was nothing more than an arbitrary use of the vast police and cyberwarfare network in order to persecute a so-called enemy of the state.

4muddyfeet - bare knuckle with an EZ30 > R Saldana [|Oo|======|oO|] - BTC/ETH/LTC Prophet 04/24/2015 at 14:54

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Xeons? I dunno man, give a shot and report back, it may be worth a few $$ :)

R Saldana [|Oo|======|oO|] - BTC/ETH/LTC Prophet > 4muddyfeet - bare knuckle with an EZ30 04/24/2015 at 15:13

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I’m in wayyyy too deep in this Blackhat SEO stuff as well as researching getting started in bitcoin mining, brain is of hurts. Need coffee or beer and laeking oil from land rover heads to clear my mind