I got a bitcoin!: "I mean to write a more comprehensive Bitcoin (a type of cyber currency) post in the future, but in the meanwhile, there's this...
I got my first bitcoin. It was sent to my address '1PfkVx7SfWHqvLDmQUtXPPJeFFYpyj7ZhZ'.
I did this by running a 'mining' application on my desktop.
This idea of 'mining' is one of the philosophically interesting bits. Bitcoin is a currency, with exchange rates (currently $7 per coin). Instead of giving out coins for free, it gives out coins for some meaningless crypto work. Since my hardware is more efficient at crypto than the average person's, I can make a slight (very slight) profit running mining software.
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I got my first bitcoin. It was sent to my address '1PfkVx7SfWHqvLDmQUtXPPJeFFYpyj7ZhZ'.
I did this by running a 'mining' application on my desktop.
This idea of 'mining' is one of the philosophically interesting bits. Bitcoin is a currency, with exchange rates (currently $7 per coin). Instead of giving out coins for free, it gives out coins for some meaningless crypto work. Since my hardware is more efficient at crypto than the average person's, I can make a slight (very slight) profit running mining software.
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