BitCoin
@CrazyEarnings (28)
November 3, 2012 4:06pm CST
Hay guys wanted some input on BitCoin. Do you use it? Do you mine to earn coins?
I have just started using it and it seems more and more sites are beginning to use bitcoin and other coin services like litecoin that is like bitcoin but not as big.
Mining for coins is simple to do but you need a fast GPU to use and put your resources to the pools and mine. However me mining I have a low hash rate but I earn maybe $15 a week better than nothing I guess but I know that the coin value is increasing so saving each coin up and maybe exchange to USD when the value is higher.
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2 responses
@CrazyEarnings (28)
•
3 Nov 12
YOu can see what it is http://www.youtube.com/watch?v=Um63OQz3bjo
This is a video on what it is how it works and how to earn with it :)
@triptadasgupta (900)
• India
4 Nov 12
hello friend...i am interested in knowing more about this. please do tell me the details as to how i should go about with this. thanx in advance have a nice day
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@CrazyEarnings (28)
•
5 Nov 12
BitCoins are totally different they have a market for them however coins are made from mining and using your computers GPU resources to contribute to a mining pool that processes transactions. In return you are given a percentage of a coin for each share and hash you complete in that pool you are in. This can then be sent to you bitcoin wallet and then sold to an exchange site where you can buy and sell in return for USD
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