Bitcoin _ Online Currency of some sort?

[Kalphiter]

you can exchange it for USD

Where can you exchange it?

[Ad Bot]

[|Shadow]

Step 2 - Get Bitcoins
...
For larger purchases there are several currency exchanges, such as Mt. Gox, Bitcoin Market and TradeHill.

[JD]

Man I just loving love when people make a thread and have no information on the actual subject in the original post. <3

[|Shadow]

Man I just loving love when people make a thread and have no information on the actual subject in the original post. <3

http://www.weusecoins.com/

Someone please explain to me how to bitcoin mine.

hurr

and if you read through a few pages of the topic, you'd realise what it is

[Kearn]

280 Mhash/s with one 5830

GENTLEMEN

core overclocked to 900 mhz and memory to 1070

[Lugnut]

280 Mhash/s with one 5830

GENTLEMEN

core overclocked to 900 mhz and memory to 1070

LOL

[stuntman021]

bitcoins are a terrible currency

[Kearn]

LOL

someones jealous

bitcoins are a terrible currency

waaa waaaa

[stuntman021]

no seriously
have you even seen the graphs showing fluctuations in value over time
the value fluctuates more in a day than usd did in 100 years
edit: plus, right now it's literally backed by another currency and pot

[Starcraftman]

280 Mhash/s with one 5830

GENTLEMEN

core overclocked to 900 mhz and memory to 1070

My five 5830's get about 310 MH/s each with the core OC'd to 980, memory downclocked to 300 MHz, and the modified phatk kernel using pheonix. I started out with six 5830's but one came DOA, so I'm down to five plus my 5770. On a side note, I had a kill-a-watt, and found out that at those settings the 5830's use LESS power than at stock settings, while getting far more MH/s (240->310). I say "had a kill-a-watt" because I broke it by trying to run my two rigs plus my computer through it.

Here is a picture of one of my rigs (I built an identical one to the one in the photo). Yes its kinex, and no, they have not melted yet.

[stuntman021]

who the forget would spend that much stuff on BITCOINS
seriously by the time you actually mine a useful amount they're gonna be down to a dollar per coin

[Starcraftman]

who the forget would spend that much stuff on BITCOINS
seriously by the time you actually mine a useful amount they're gonna be down to a dollar per coin

Uh I only spent $1200 a month ago, and have already made back about $800. At this point, even if I had to sell the hardware I would have made money. Its not as bad as the guy who bought some 40+ 5870's on the bitcoin forum right before the big crash.

[stuntman021]

you fail to take electricity bills into account

[Starcraftman]

Nope. I know that my rig as it stands uses about 900 watts. That comes out to about .9 KWH/hour. At $0.14 /KWH, over the course of a month(31 days) it should use less than $100 in electricity. It gets even better when I go back to the dorms and wont have to pay for extra electricity.

[stuntman021]

let's crunch some numbers
this month was 1300
800 profit - 100 per month
oh wait, now it's 500 profit.
now it's 1000.
now it's 250.
etc