
07-07-14
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teh nuB! | | Join Date: Jul 2014
Posts: 4
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Re: ASRock Introduces 2 Consumer Motherboards for BitCoin Mining
Originally Posted by vijayninel Fiat currency is money without any intrinsic value. It's value is only what users put on it. All currencies in circulation today are fiat currencies.
While most currencies are regulated by Central banks of nation states, Bitcoin is regulated by P2P algorithms in cyberspace. All fiat currencies are susceptibility to fail and I believe ultimately they will fail. | Sorry friend but you are grossly uninformed.Read the Bitcoin Whitepaper by Satoshi Nakamoto and understand what Third Party Verification,Trancaction costs,BlockChain technology is.P2P is just the tip of the iceberg.If there ever was a currency more intrinsically valuable than gold it is Crypto-currency.
On a side note GPU mining is practically dead.Mobos like these are as good as redundant for most hashing algos.
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