It seems like, as I said, over time Andreas has come to value fewer disruptions to the network than those other things. When someone solves the hard problem of really scaling a decentralized consensus engine, we'll see free or cheap-as-free transacti...
- Real Name: Mike Johnson
- Website: http://LifeDataTech.com/
- Bitcoin Tipping Address (This is not your LTBCOIN address): 1G5ZmZekitZk5E5rzK8AgjHQXE73ocGmFJ
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@alchemix This is a long overdue thread topic...but i dont think we will get many opinions from this forum. Personally im invested in 2 different cloud mining companies and im kinda on the fence with results.
Im actually beginning to lose faith in any form of mining bitcoins. It appears we have passed the point of no return and maybe the only way to acquire bitcoins is to "earn" them with goods or services.
Multiple cloud mining companies which have turned about to be scams, more looking like they will go that route any day...more companies selling newer and better asics etc etc. It all just seems to end with the customer having less btc than they started with...
Even Gavin Andresen suspects that most cloud mining companies are ponzi scams at this point.
The idea that you can purchase a small sliver of an "industrial mine" certainly seems to be a good one initially but it seems we've seen more and more ponzi scams than legitimate operations at this point.Posted on December 12, 2014 at 12:49 PM
@rafabit4000 Look, most cloud mining needs no equipment, just buy gh / s in its mining contract or even kh / s, depending on the algorithm used to mine. Two good examples of sites that do not require hardware to mine are: http://www.gawminers.com and https://cloudminr.io/, and the second to make the first deposit, earn 50gh / free.
Others I could mention is the http://cointellect.com/?code=05cae232
where I am registered and already have almost 4,200 Dogecoins equivalent to € 0.6602, where it is automatically converted to that currency and you get in paypal. I have no graphics card to mine, use only cpu.
It seems that GAW Miners is now really pushing away from cloud mining and moving to cloud staking. I recently saw that a $50 investment in GAW Miners will now take 1,900+ years to ROI.
1 Mh/s is yielding about 1 satoshi per day. I'm not sure I would call that profitable personally.
I haven't seen CloudMinir as of yet but am going to check it out soon.Posted on December 12, 2014 at 12:42 PM
What are your thoughts regarding cloud mining?
This is one of those subjects that you see so many people coming out from multiple angles with very strong viewpoints.
Are cloud mining companies scams? Are they legitimate? Do you require pictures of equipment before investing?
Let's hear your thoughts.Posted on December 12, 2014 at 9:36 AM
@rockbarcellos So after the positive feedback I got from the illustrations I did for the Chain Wars series (http://letstalkbitcoin.com/blog/post/chain-wars-kinaree-unmasked) I feel it's a good time to post this
I did this for fun, but I also thought of doing a comics project, not necessarily superhero stuff, I have some range of style adaptability, so this art below is not a project's definitive one (check here http://letstalkbitcoin.com/forum/post/any-art-you-need-bitofthis-ad-designer-free-lance-designer-and-artist)
but I need help with the writing and creation, I think the LTB network would definetely benefit from some nice visual content to offer around here like comics,
I'm open to testing ideas for a story and also other styles, like funny cartoons, for example
also perhaps setting up a bigger project, like launching a coin and a crowdfund and all of that would be great too, who knows?
So, any writers, artists, developers out there who'd like to get on board?
( hi @mdw XD )
This is amazing. I am just now seeing this and am super impressed with what I am seeing.
I will be checking this thread out more and thinking about what I might be able to do to help in the near future!Posted on December 12, 2014 at 8:10 AM
A quick scan of the EXE files show several pieces of malware attached.Posted on December 5, 2014 at 11:52 AM
Bitcoin & Beyond
- Posts Authored: 13
- Posts Contributed To: 2
2,198 viewsCategories: Satire
1,303 viewsDecember 23rd, 2014 by Mike Johnson
How would you like to get paid for publishing a feature on Let's Talk Bitcoin?
We've made some changes to the way submissions work on the site and have seriously streamlined the process for those interested in submitting posts for the website.
You may have noticed that we've added a small fee to purchase "publishing tokens" on the site. These tokens are designed to help fight spam submissions and make the editing process a bit easier on our editors.
While you have a slight up-front co...Read More
2,115 viewsCategories: Satire
1,487 viewsDecember 12th, 2014 by Mike Johnson
With Bitcoin Black Friday, Cyber Monday, and Bitcoin Giving Tuesday now behind us, many are starting to get back in to the swing of things here on the Let's Talk Bitcoin community.
The forums are abuzz with activity and we've seen a large number of improvements to the submission system on the website.
Perhaps you've been thinking about writing something for Let's Talk Bitcoin in the past. If you haven't taken an opportunity to do so, consider checking out the new submissions system. If...Read More
1,318 viewsNovember 28th, 2014 by Mike Johnson
One thing that is always striking to me is the level of activity we are seeing in the Let's Talk Bitcoin community. Not only can you find a wide range of new topics ready for comment, but we've seen several new members that you should take a moment to welcome to the community!
If you haven't yet joined, I'd like to take a moment to extend a personal invitation to you. Please sign up and join the Let's Talk Bitcoin community, shoot me an email: [...Read More
1,615 viewsOctober 27th, 2014 by Mike Johnson
Welcome to another edition of the Let's Talk Bitcoin community roundup. This roundup serves to highlight just some of the content you can find on the Let's Talk Bitcoin forums and main site.
Since the last roundup we've seen even more new members join LTB and lots of new topics being posted. There are even some new categories popping up in the message boards.
1,806 viewsCategories: Columns
1,561 viewsCategories: ColumnsAugust 28th, 2014 by Mike Johnson
While Adam might be taking a much-deserved vacation, things are still in full swing here at Let's Talk Bitcoin with new content and posts from members of our community still flowing in daily.
If you haven't yet registered for the site let me and encourage you take a brief moment and do so. Then head over to the Introduce Yourself thread where you will find a very welcoming and friendly community ready to greet you.