Home Mail MemberMap Chat (0) Wallpapers
Go Back   ChiefsPlanet > The Lounge

Reply
 
Thread Tools Display Modes
Old 02-15-2013, 11:41 AM  
ChiefRocka ChiefRocka is offline
Veteran
 
ChiefRocka's Avatar
 
Join Date: Feb 2012
Location: MD
Casino cash: $7339
Bitcoin Take?

Always love to bounce this kind of stuff off the Planet. Have any of you done any research into Bitcoin, and if you hold any opinions on the concept I'd love to hear what you think.

Last edited by ChiefRocka; 03-03-2013 at 12:00 PM..
Posts: 1,981
ChiefRocka would the whole thing.ChiefRocka would the whole thing.ChiefRocka would the whole thing.ChiefRocka would the whole thing.ChiefRocka would the whole thing.ChiefRocka would the whole thing.ChiefRocka would the whole thing.ChiefRocka would the whole thing.ChiefRocka would the whole thing.ChiefRocka would the whole thing.ChiefRocka would the whole thing.
  Reply With Quote
Old 04-06-2013, 02:04 PM   #16
FD FD is offline
Veteran
 
FD's Avatar
 

Join Date: Dec 2006
Location: Los Angeles
Casino cash: $7638
Here is a pretty good, if long, take: https://medium.com/money-banking/2b5ef79482cb
__________________
Homer: [looking at watch] Two hours? Why'd they build this ghost town so far away?
Lisa: Because they discovered gold over there!
Homer: It's because they're stupid, that's why. That's why everybody does everything.
Posts: 3,582
FD 's adopt a chief was Sabby PiscitelliFD 's adopt a chief was Sabby PiscitelliFD 's adopt a chief was Sabby PiscitelliFD 's adopt a chief was Sabby PiscitelliFD 's adopt a chief was Sabby PiscitelliFD 's adopt a chief was Sabby PiscitelliFD 's adopt a chief was Sabby PiscitelliFD 's adopt a chief was Sabby PiscitelliFD 's adopt a chief was Sabby PiscitelliFD 's adopt a chief was Sabby PiscitelliFD 's adopt a chief was Sabby Piscitelli
  Reply With Quote
Old 04-06-2013, 03:34 PM   #17
AustinChief AustinChief is offline
Administrator
 
AustinChief's Avatar
 

Join Date: Aug 2000
Location: Austin
Casino cash: $10525
With the new ASIC hardware coming out later this month... bitcoin mining is going to explode. In theory, a $10k investment in hardware would pay itself off in less then a month and be all profit from there on out. Of course you only would have a year or two max to make that profit in... but hell if it is 20 months of $10k+ profit, that's not too shabby.
Posts: 15,102
AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.
  Reply With Quote
Old 04-06-2013, 03:38 PM   #18
Hog Farmer Hog Farmer is offline
Good Donkey = Dead Donkey
 
Hog Farmer's Avatar
 

Join Date: Nov 2001
Casino cash: $10644
Quote:
Originally Posted by WhitiE View Post
Bump?
My brother is talking to me about mining. Anyone got advice/info?

Yes. Wear a helment.
__________________
We could still go 13-3. Right !
Posts: 15,744
Hog Farmer has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Hog Farmer has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Hog Farmer has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Hog Farmer has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Hog Farmer has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Hog Farmer has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Hog Farmer has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Hog Farmer has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Hog Farmer has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Hog Farmer has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Hog Farmer has parlayed a career as a truck driver into debt free trailer and jon boat ownership.
  Reply With Quote
Old 04-06-2013, 04:36 PM   #19
WhitiE WhitiE is offline
so close
 

Join Date: Sep 2007
Location: wichita
Casino cash: $7923
Quote:
Originally Posted by Hog Farmer View Post
Yes. Wear a helment.
The light on the front optional?
Posts: 2,171
WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.
  Reply With Quote
Old 04-06-2013, 04:37 PM   #20
AustinChief AustinChief is offline
Administrator
 
AustinChief's Avatar
 

Join Date: Aug 2000
Location: Austin
Casino cash: $10525
Quote:
Originally Posted by WhitiE View Post
The light on the front optional?
no way! that is mandatory!
Posts: 15,102
AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.
  Reply With Quote
Old 04-06-2013, 04:40 PM   #21
WhitiE WhitiE is offline
so close
 

Join Date: Sep 2007
Location: wichita
Casino cash: $7923
I guess ill just duct tape my flashlight....
Posts: 2,171
WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.
  Reply With Quote
Old 04-06-2013, 04:42 PM   #22
WhitiE WhitiE is offline
so close
 

Join Date: Sep 2007
Location: wichita
Casino cash: $7923
Quote:
Originally Posted by AustinChief View Post
With the new ASIC hardware coming out later this month... bitcoin mining is going to explode. In theory, a $10k investment in hardware would pay itself off in less then a month and be all profit from there on out. Of course you only would have a year or two max to make that profit in... but hell if it is 20 months of $10k+ profit, that's not too shabby.
My brother is wanting to buy two of the ACIS from BFL. He said theres a waiting list so he is looking for other options
Posts: 2,171
WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.
  Reply With Quote
Old 04-06-2013, 04:50 PM   #23
Count Alex's Wins Count Alex's Wins is online now
ALEX. HOW CAN THIS BE.
 
Count Alex's Wins's Avatar
 

Join Date: Nov 2002
Casino cash: $32894
It's great for buying drugs and underage pr0n on the deep web.

You're burning money if you invest for any other reason.
__________________
Posts: 171,031
Count Alex's Wins is obviously part of the inner Circle.Count Alex's Wins is obviously part of the inner Circle.Count Alex's Wins is obviously part of the inner Circle.Count Alex's Wins is obviously part of the inner Circle.Count Alex's Wins is obviously part of the inner Circle.Count Alex's Wins is obviously part of the inner Circle.Count Alex's Wins is obviously part of the inner Circle.Count Alex's Wins is obviously part of the inner Circle.Count Alex's Wins is obviously part of the inner Circle.Count Alex's Wins is obviously part of the inner Circle.Count Alex's Wins is obviously part of the inner Circle.
  Reply With Quote
Old 04-06-2013, 05:04 PM   #24
AustinChief AustinChief is offline
Administrator
 
AustinChief's Avatar
 

Join Date: Aug 2000
Location: Austin
Casino cash: $10525
Quote:
Originally Posted by Wonton Prejudice View Post
It's great for buying drugs and underage pr0n on the deep web.

You're burning money if you invest for any other reason.
Unless you are mining.. in which case you are "creating" money.. so long as there is a market for it... and until it hits its cap in a few years (or more)
Posts: 15,102
AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.
  Reply With Quote
Old 04-06-2013, 05:10 PM   #25
Count Alex's Wins Count Alex's Wins is online now
ALEX. HOW CAN THIS BE.
 
Count Alex's Wins's Avatar
 

Join Date: Nov 2002
Casino cash: $32894
Aren't the electricity costs prohibitive?
__________________
Posts: 171,031
Count Alex's Wins is obviously part of the inner Circle.Count Alex's Wins is obviously part of the inner Circle.Count Alex's Wins is obviously part of the inner Circle.Count Alex's Wins is obviously part of the inner Circle.Count Alex's Wins is obviously part of the inner Circle.Count Alex's Wins is obviously part of the inner Circle.Count Alex's Wins is obviously part of the inner Circle.Count Alex's Wins is obviously part of the inner Circle.Count Alex's Wins is obviously part of the inner Circle.Count Alex's Wins is obviously part of the inner Circle.Count Alex's Wins is obviously part of the inner Circle.
  Reply With Quote
Old 04-06-2013, 05:20 PM   #26
AustinChief AustinChief is offline
Administrator
 
AustinChief's Avatar
 

Join Date: Aug 2000
Location: Austin
Casino cash: $10525
Quote:
Originally Posted by Wonton Prejudice View Post
Aren't the electricity costs prohibitive?
not with the new ASICs but yeah in the past you ate up all your profits by running a crapload of high wattage GPUs. I think the current gen ones coming out in Late April will cost less then $1/day to run. Which is why I expect an explosion in miners.
Posts: 15,102
AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.AustinChief has enough rep power to blowy ou to bits.
  Reply With Quote
Old 04-06-2013, 06:39 PM   #27
WhitiE WhitiE is offline
so close
 

Join Date: Sep 2007
Location: wichita
Casino cash: $7923
Quote:
Originally Posted by AustinChief View Post
not with the new ASICs but yeah in the past you ate up all your profits by running a crapload of high wattage GPUs. I think the current gen ones coming out in Late April will cost less then $1/day to run. Which is why I expect an explosion in miners.
Thanks for a little info AC
Posts: 2,171
WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.WhitiE 's phone was tapped by Scott Pioli.
  Reply With Quote
Old 04-10-2013, 09:15 PM   #28
Fish Fish is offline
Missing Dick Curl
 
Fish's Avatar
 

Join Date: Sep 2005
Casino cash: $9993
Wow.... Bitcoin is kinda going crazy right now.

Quote:
Bitcoin, the digital currency, lost more than $160 (104) in value on Wednesday, just hours after hitting a record high.

The currency hit a new high of $266 before falling to $105 and then bouncing back to $130. The fall is unlikely to put off speculators. Two months ago, a Bitcoin was worth $20.

http://www.guardian.co.uk/technology...igh-losing-160
I just looked at my Bitcoin balance... I've made several hundred dollars on the value of my Bitcoins.. Sounds like if I would have checked yesterday and cashed some out, I would have had twice as much.. When I bought Bitcoins, I only paid $20 a piece..
__________________
Posts: 26,119
Fish is obviously part of the inner Circle.Fish is obviously part of the inner Circle.Fish is obviously part of the inner Circle.Fish is obviously part of the inner Circle.Fish is obviously part of the inner Circle.Fish is obviously part of the inner Circle.Fish is obviously part of the inner Circle.Fish is obviously part of the inner Circle.Fish is obviously part of the inner Circle.Fish is obviously part of the inner Circle.Fish is obviously part of the inner Circle.
  Reply With Quote
Old 04-10-2013, 09:17 PM   #29
Simply Red Simply Red is offline
SNR's battery back-up
 
Simply Red's Avatar
 

Join Date: Sep 2005
Location: SO SO DEF HQ's
Casino cash: $22946
VARSITY
I've got to do it again - sorry in advance.


__________________
I don't forget anything - remember that.
Posts: 43,049
Simply Red is obviously part of the inner Circle.Simply Red is obviously part of the inner Circle.Simply Red is obviously part of the inner Circle.Simply Red is obviously part of the inner Circle.Simply Red is obviously part of the inner Circle.Simply Red is obviously part of the inner Circle.Simply Red is obviously part of the inner Circle.Simply Red is obviously part of the inner Circle.Simply Red is obviously part of the inner Circle.Simply Red is obviously part of the inner Circle.Simply Red is obviously part of the inner Circle.
  Reply With Quote
Old 04-10-2013, 09:19 PM   #30
Simply Red Simply Red is offline
SNR's battery back-up
 
Simply Red's Avatar
 

Join Date: Sep 2005
Location: SO SO DEF HQ's
Casino cash: $22946
VARSITY
Quote:
Originally Posted by AustinChief View Post
not with the new ASICs
Onitsuka Tigers for the win...
__________________
I don't forget anything - remember that.
Posts: 43,049
Simply Red is obviously part of the inner Circle.Simply Red is obviously part of the inner Circle.Simply Red is obviously part of the inner Circle.Simply Red is obviously part of the inner Circle.Simply Red is obviously part of the inner Circle.Simply Red is obviously part of the inner Circle.Simply Red is obviously part of the inner Circle.Simply Red is obviously part of the inner Circle.Simply Red is obviously part of the inner Circle.Simply Red is obviously part of the inner Circle.Simply Red is obviously part of the inner Circle.
  Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump




All times are GMT -6. The time now is 11:31 AM.


This is a test for a client's site.
A new website that shows member-created construction site listings that need fill or have excess fill. Dirt Monkey @ https://DirtMonkey.net
Powered by vBulletin® Version 3.8.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.