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Thread: Litecoin

  1. #11

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    Quote Originally Posted by PaPaRaZZ! View Post
    so how much do you farm +- in 24 hour cycle? Whats your PC specs (farming with Pc in sig?) And how much do you make +- if you dont mind me asking
    PC in signature is one of them, got a few PCs around doing it.

  2. #12
    brendanvb's Avatar
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    I feel so ignorant when people talk about Bitcoins and Litecoins and 'farming' them . Seriously need to do some research into the topic as it all goes way over my head at this point. It seems so complex.
    Last edited by brendanvb; 13-03-2014 at 11:14 AM.

  3. #13
    There's a GIF for that MetalSoup's Avatar
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    Quote Originally Posted by brendanvb View Post
    I feel so ignorant when people talking about Bitcoins and Litecoins and 'farming' them . Seriously need to do some research into the topic as it all goes way over my head at this point. It seems so complex.
    I have no idea how it works either. Always sounded a bit dodgy to me.

  4. #14
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    Quote Originally Posted by brendanvb View Post
    I feel so ignorant when people talking about Bitcoins and Litecoins and 'farming' them . Seriously need to do some research into the topic as it all goes way over my head at this point. It seems so complex.
    Im with you... Maybe someone could enlighten us? Iv heard its better to work in groups and "farm" together, not sure how true this is?

  5. #15

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    It's better to "mine" in a pool, as the chances of finding a block are next to nothing alone, so you'll never make a cent whereas in a pool you get paid for shares you do

  6. #16

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    Quote Originally Posted by Eugene View Post
    I have no idea how it works either. Always sounded a bit dodgy to me.
    There's absolutely nothing dodgy about it, I was sceptical at first, but it's all good. Just quite a bit of work

  7. #17
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    Quote Originally Posted by poizyn View Post
    There's absolutely nothing dodgy about it, I was sceptical at first, but it's all good. Just quite a bit of work
    So its not as simple as leaving a PC on all day?

  8. #18

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    Quote Originally Posted by Tom View Post
    So its not as simple as leaving a PC on all day?
    It's that simple to mine, but to actually convert the coins to Rands or USD is hard, what with monitoring the markets and fluctuations etc

  9. #19
    TBlaar's Avatar
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    Interesting....

    A while ago a client's server got hacked, and a bitcoin miner was installed on the server. We found and killed it, but yeah, imagine getting shite load of servers out there that can mine for you...

  10. #20

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    Quote Originally Posted by TBlaar View Post
    Interesting....

    A while ago a client's server got hacked, and a bitcoin miner was installed on the server. We found and killed it, but yeah, imagine getting shite load of servers out there that can mine for you...
    I've heard of that happening before.

    I want to get my school computers to mind :P but they'd catch on very quickly

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