Luke,
I know you are a really smart guy. If this group has such a great mining set up, why do they need people to join and give them money? The math of this doesn't make any sense. They could use profits from mining to buy more equipment, they shouldn't need people to give them money, then have those people get more people to sign on. It is a classic MLM scheme where the product is bitcoin instead of some other junk. Jean really knows what they are talking about. I know you are in a desperate situation with lots of pressure, but if it sounds too good to be true it probably is.
On Thu, Dec 28, 2017 at 11:48 AM, Sam Huntress samhuntress@gmail.com wrote:
GNU Taler is a fundamentally different system than Bitcoin. Unless I misunderstand the information on their website.
GNU Taler appears to be a third party; analogous to a credit card company or a bank. GNU Taler could manage and secure your cash (or bitcoin) for you and be trusted to ensure that transactions are carried out smoothly.
In contrast, Bitcoin is analogous to hard currency (Euro coins, US dollar bills, gold, etc), and is something that can be managed for you by a trusted third party.
On Thu, Dec 28, 2017 at 12:35 PM, Hrvoje Lasic lasich@gmail.com wrote:
On 28 December 2017 at 17:54, Luke Kenneth Casson Leighton lkcl@lkcl.net wrote:
crowd-funded eco-conscious hardware: https://www.crowdsupply.com/eoma68
On Thu, Dec 28, 2017 at 4:46 PM, Sam Huntress samhuntress@gmail.com wrote:
would it not be worthwhile, do you think, to leverage
*this* opportunity
The problem is that '*this* opportunity' absolutely screams pyramid
scheme
and should not be trusted without solid verification that the operators
of
this mining pool are making the investments they claim to be making.
genesi - a competing mining company which people seem to trust - have virtually zero transparency. if someone wants to help tracking down some bitcoin wallet addresses from youtube videos so that the blockchain analysis can be done that would be great.
when you google genesis, one of first thing it pops up is scam alert. It is well known fact.
the pool stats are available (remember bitclub actually started out as a simple mining pool.... that some bright spark went "huh why don't we drop a MLM on top of this?") - there's videos of some of the equipment in various data centres.
briefly, last thing today: the equipment in rekjavik they're sinking their *own* geothermal bore-holes and installing their *own* turbines, keeping it connected to iceland's national grid where geothermal electricity is extremely cheap, and, of course, cooling is literally free.
more on this tomorrow, gotta sleep.
l.
arm-netbook mailing list arm-netbook@lists.phcomp.co.uk http://lists.phcomp.co.uk/mailman/listinfo/arm-netbook Send large attachments to arm-netbook@files.phcomp.co.uk
arm-netbook mailing list arm-netbook@lists.phcomp.co.uk http://lists.phcomp.co.uk/mailman/listinfo/arm-netbook Send large attachments to arm-netbook@files.phcomp.co.uk
arm-netbook mailing list arm-netbook@lists.phcomp.co.uk http://lists.phcomp.co.uk/mailman/listinfo/arm-netbook Send large attachments to arm-netbook@files.phcomp.co.uk