A huge amount of bitcoin’s adoption and advertisement has been done through hacker news HN from ycombinator. its what most hackers and technology enthusiasts read everyday (including me).
There were like 5 articles each day about bitcoin.
I think we should have more articles there too and it’s fairly easy. You register and then you can submit any interesting link you find on the web. If people don’t like it it’s not going to stay for long in the top section (it’s vote based).
It deserves a try. I had written one last year mentioning peercoin.
just did one on linked in… Discussion topic:
Can someone explain to me how to become a miner of bitcoins in simple terms? Do I need to buy a separate computer and let it mine 24/7? Is it that simple?
my reply:
unfortunately not any more…
Invent a time machne and go back to 2009- 2011 and yes u can CPU mine BTC… 2012-2013 was the age of GPUs and FPGA’s now its all about ASIC’s. Specialised hardware that only canbe used for mining POW SHA256 cryptocoins. (note not just BTC mining… Peercoins uses SHA256 as well)
Most of the ASIC devices are seperate USB connected devices… so you can use simple computers like the rasberry Pi or beaglebone’s to run the moner… i know both these from experience or friend who mine with these.
Two coins i will mention as side note for mining interest… Peercoin and Primecoin.
Peercoin uses a POS method of minting coins as well as the standard POW.
In layman’s terms this means that by simply holding coins in your wallet for more than 30 days you turn your coins into little miners and this can be done by anyone on any computer. The reward works out as 1% of your holdings in a year you shall earn i believe so itis like a little interest you earn
POS actually overcomes the concern that bitcoin mining will become a massively expensive and centralized industry wasting LOTS of electricity for network security. Peercoin on the other hand is already more energy efficient.
The other coin is Primecoin. This can only be CPU mined at the moment as GPU and ASIC technology and software has not been written to solve blocks with actual mathematical prime numbers and chains.
primecoin saw much publicity as it broke world records on the first day of release for longest 7-chain prime numbers… and has since gone on to sweep the board with records for many prime number chains and continues to do so. With this coin you are actually putting you processing power to secondary use if securing the blockchain is the first priority.
Both coins have seen 300% increase in their values over the last month or two if not more with peercoin actually currently 120% more profitable to mine than bitcoin. Just food for thought.
[quote=“arisg, post:1, topic:942”]A huge amount of bitcoin’s adoption and advertisement has been done through hacker news HN from ycombinator. its what most hackers and technology enthusiasts read everyday (including me).
There were like 5 articles each day about bitcoin.
I think we should have more articles there too and it’s fairly easy. You register and then you can submit any interesting link you find on the web. If people don’t like it it’s not going to stay for long in the top section (it’s vote based).
It deserves a try. I had written one last year mentioning peercoin.
Go! :)[/quote]
Another thought too…
Monthly Meetup discussions/groups, etc which could also take it from the multiverse to the real world. I’m pretty certain at the very least there are a number of people from the SF area here, as well as other pockets of areas.
