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Author Topic: Does anyone know much about bitcoin?  (Read 1068 times)

Bowdon

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Does anyone know much about bitcoin?
« on: July 28, 2017, 04:32:47 PM »

Does anyone know much about bitcoins and how to obtain them?

I've been reading a few articles about it, specifically about mining them. I've even noticed some people have setup a raspberry pi to mine them.

Does anyone mine or trade in bitcoins?

If you do;

What service do you use?

What would you recommend for a beginner?

Any good sources of knowledge I can look up, videos or websites etc?
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Dray

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parkdale

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Re: Does anyone know much about bitcoin?
« Reply #2 on: July 28, 2017, 06:09:07 PM »

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j0hn

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Re: Does anyone know much about bitcoin?
« Reply #3 on: July 28, 2017, 06:36:47 PM »

I've used them a few times. always used blockchain
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BigJ

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Re: Does anyone know much about bitcoin?
« Reply #4 on: July 28, 2017, 06:56:47 PM »

I did a bit Bitcoin mining 5+ years ago just out of interest/fun so I'm well out of the loop now. Is it even viable today to mine Bitcoin without investing many hundreds of pounds in custom silicon?
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Ronski

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Re: Does anyone know much about bitcoin?
« Reply #5 on: July 30, 2017, 09:08:22 AM »

I've looked into a little and it doesn't seem viable without a lot of investment in powerful hardware, and there's the cost of electricity.  I can't see a Raspberry Pi  mining much, powerful GPU's or dedicated hardware are required to mine anything worthwhile.
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