Xtrem Not a scam, you "mine" mostly using your graphics card because it's more efficient at mining than the CPU.
ShadowsDemise One thing that bothers me about bitcoin mining is that the processing power isn't really doing anything useful. The processing power is used to solve a complicated problem in order to get you bitcoins but the actual problem that it is solving can't be used for anything other than getting you bitcoins. It would be awesome (although I know it won't happen) if they could somehow integrate folding into bitcoins so that the processing power would at least be going to something useful.
slickric Xtrem Not a scam, you "mine" mostly using your graphics card because it's more efficient at mining than the CPU. Mining what and for who and when do u get the cash???
BlackArtz5133937 slickric Xtrem Not a scam, you "mine" mostly using your graphics card because it's more efficient at mining than the CPU. Mining what and for who and when do u get the cash??? Data Mining. For whom? Heck do I know. When will you get paid? Probably when they get paid in hundreds of thousands first.
{uZa}DOA All I know is that when this started gaining traction I sold my 5870's for a great price well above what I thought they were worth....... Thank you bitcoin miners
bigorajDoes any one on the forums remember doing this?When I had built the computer back in 2011 I remember running my computer for weeks, The poor machine heated the basement never had to turn the furnace on. The reason Im asking is how do I gain access to this now being so many years later would my account still exist?
bigoraj Kram 36Yes the account would still exist or at least the Bitcoin you mined would. You just need to figure out where you stored your Bitcoin and the private key to the wallet it was stored on.This sounds like it could be a needle in a haystack. I no longer have the computer nor the drives. Is all this information stored on line or was it physically stored on the computer that i mined with?
bigorajIf you could remember which wallet you saved the Bitcoin to and the private key, you could retrieve your Bitcoin. The reason Im asking is because I no longer have any of that information/hardware. Could you tell me where to start looking for this?
NereusbigorajIf you could remember which wallet you saved the Bitcoin to and the private key, you could retrieve your Bitcoin. The reason Im asking is because I no longer have any of that information/hardware. Could you tell me where to start looking for this?You couldn't. There's a guy who has an encrypted drive he forgot his password to, and his bitcoin key is on it. He's tried 8 different passwords and failed. After 10 failed attempts, the drive destroys all the data/locks him out forever. Estimated $220 million in bitcoin. Another guy a while back accidentally tossed his hard drive out with his key on it. He tracked it to a large public trash dump but can't get permission to find it (and it would literally be a needle in a very very very large haystack) - many millions on it.