itsCarraldo587 karma2012-05-06 08:08:40 UTC
Your site took my torrent virginity back in the day.
View HistoryShare Link
itsCarraldo246 karma2014-04-13 16:34:44 UTC
itsCarraldo174 karma2012-11-13 19:39:16 UTC
itsCarraldo78 karma2013-11-25 18:35:46 UTC
did you just give him internet money? just like THAT? no credentials? no payment gateway? WHAT?
EDIT: Ok, so started reading about bitcoins.. very interesting albeit confusing concept.
From the wiki on creating new bitcoins : New coins are slowly mined into existence by following a mutually agreed-upon set of rules. A user mining bitcoins is running a software program that searches tirelessly for a solution to a very difficult math problem whose difficulty is precisely known. The difficulty is automatically adjusted regularly so that the number of solutions found globally, by everyone, for a given unit of time is constant: an average of 6 per hour. When a solution is found, the user may tell everyone of the existence of this newly found solution, along with other information, packaged together in what is called a "block". Blocks create 25 new bitcoins at present.
So, these "miners" solve math problems using their resources and the solution then somehow becomes the currency everyone can trade barter on? Umm, still not sure how the value of the bitcoin is derived..
Oh and Thanks /u/IamAlso_u_grahvity for the bitcointip :)
itsCarraldo58 karma2012-08-14 17:57:41 UTC
Had to google indian spiderman after that pic. Good lord, i don't even...
Copyright © 2014 BestofAMA.com, All rights reserved.
reddit has not approved or endorsed BestofAMA, reddit design elements are trademarks of reddit inc.