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Bitcoin ASIC

Name: Anonymous 2013-03-15 22:32

Poor genetics and savage beatings from my father have left me with a brain that only functions at 20% of the level that most people operate with. With that in mind, please use small words to explain to me the consequences that this whole ASIC thing will have on Bitcoin. Also, how many Butterfly Labs 15,000Mh/s thingies have you preordered?

Name: Anonymous 2013-03-16 6:34

bakas, bitcoin generation costs time, energy cost is very small. also issueing real money cost the worth of paper, metal, labor of minters and the price of the factory whose only purpose (unlike your pc) is to mint

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