[Shared Post] Beginners Guide to Mining Bitcoins

In case you are interested, check out the following post:

Beginners Guide to Mining Bitcoins

More information here in this video:




Comment:

These two sources say to buy BitCoins.  Why?  It is difficult to mine them.  [Hmm.   Just a sidebar here, I've been writing them as BitCoins and bitcoins.  It is easier to write bitcoins, so now I'll just write it that way because it is easier.]

An interesting thing mentioned in the video is that bitcoin exchanges are being regulated.  So much so that a big exchange, MtGox is getting out of the business.  Evidently, the government is concerned enough about these things to pay attention to them and to shut them down if that is what it takes.

This leaves me with the impression that the only thing bitcoin has to offer is the ability to move money around surreptitiously.  That means the government is going to be interested in this, you can "take that to the bank".

Update:

More about mining bitcoins here.  My impression is that this is a tough job, like real mining.  You could even lose your stash, like what happened in the Treasure of Sierra Madre.  Maybe it is well if you had a sense of humor about it.