Quote:
Originally Posted by AzteK
What's said here is correct. There is a smaller amount of bit coins being distributed today because there is a cap and they are generated at random.
Bit coin mining doesn't make any economic sense to me because the gpu/cpu cycles are used to just secure the network. To me it would make sense if the cycles were leased/sold to compute real world problems so they would have an actual monetary value.
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like what? nobody buys computer time. SETI botnets examine millions of scans of the sky but don't pay.
the only monetary value in botnets is spam.
If I get eGold.com or eCoins.com or whatever then you'll have to buy a mining permit for $1 with a valid CC to stop people using botnets to mine.
So you'd only make $1 a day from 1 PC, max 10PCs per user account.
Non miners wouldn't need to validate though.
But I'm just putting a f@cking shop at EGOLD.COM
COME AND BUY AS MUCH CRYPTOCURRENCY AS YOU LIKE!
$$$$$$$$$$$$$$$$$$$$$$
Here's $10,000 ecoins.com thank you very much!
10000.00.ecoins.com/1234.1234.1234.1234.1234.1234
My new URL currency digital token!
$$$$$$$$$$$$$$$$$$$$$$
Do it from a website and you can SELL MONEY! Stuff peer to peer!