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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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24156112 No.24156112 [Reply] [Original]

First off, the program itself is garbage. Despite being tested for several months, it is so complicated and bad in design that people are mining blocks to a default address that they don't have access to, and a single typo in typing an address for a transaction results in loss of funds (lots of people have already lost money). The devs couldn't even be bothered doing a Windows miner release - users had to work out how to do it themselves. Even as live trading had began, an unknown exchange was sending deposits in error to the black hole 0x0000... address. The UI is unintelligible (see pic). To mine, I had to use two CMD windows in combination.

Second of all, Ether costs much less than $0.60 to mine. On my HD7970, the cost to mine was less than $0.10 per Ether. The people who bought Ether in the premine/presale paid the equivalent of $0.30 per Ether. Who the fuck even wants this shit? It has no mainstream appeal. Miners are dumping it like no tomorrow, and no one is buying because it's trash.

It's made by a 21-year-old slavshit dropout from the University of Waterloo. He has no achievements, not even academic, apart from 'Bitcoin Magazine' and Ethereum itself. He and his team of 'developers' gobbled up the millions of dollars from the presale months before the program was even released!

>> No.24156245

>>24156112
everything is on eth little fag, once they cap supply and it becomes deflationary next year itll go to 25-30% market share

>> No.24156338
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24156338

>>24156245

>> No.24156376

>>24156112
can confirm am russian and betting on sergey
i purchased btc in 2012 and signed up for eth's ico email but commie vitalik never dropped me a line because they dont give a flying fuck about the retail investors like /biz
they also dont give a fuck about their users (unlike chainlink).
financial zoomer globohomo communism
fuck them

>> No.24156393

>>24156112
These threads popping up are ironically bullish

>> No.24156407
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24156407

>>24156245
new fag

>> No.24156416

bros when are you going to learn to read a few pastas before you post...
you newfags are literally the fucking worst. my only regret in crypto is that somehow a few zoomers got through

>> No.24156423
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24156423

imagine not owning ETH. imagine missing out on BTC type gains, AGAIN

>> No.24156469

>>24156112
Holy shit. Ty for info. I have about 1 share and am selling

>> No.24156485

>>24156416
some us dont give a fuck about the pasta
fuck ETH
its a subsidized scamcoin
could go to $15k per ETH
great!!! who the fuck cares?
zoooooommmmerr coooooommer
commmmunist
"everything lives on the chain" faggots

>> No.24156490

>>24156112
Based.

Newfags always buy ETH because they think it's the next Corn and they think that "smart contracts" are smarter than what they actually are. People won't realise how shit ETH is until it's too late

>> No.24156497
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24156497

>>24156112
>RBC lanyard.

>> No.24156533

>>24156112
>On my HD7970, the cost to mine was less than $0.10 per Ether.
>almost $600
>can be mined for $0.10
why is no one else capitalizing on this?

>> No.24156552

Stop fudding ethereum, us normies are already priced out.
Okay?!
Its $500 fucking fifty per eth.
Just.Shut.The.Fuck.Up.

>> No.24156628
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24156628

>>24156485
>could go to 15k per eth
>great!! who the fuck cares?

cope

>> No.24156683

>>24156112
>Second of all, Ether costs much less than $0.60 to mine. On my HD7970, the cost to mine was less than $0.10 per Ether
not mining chainlink, NGMI
I can mine 1000 chainlink for that price.

>> No.24156862

>>24156628
fuck off hive mind TRANNY
fuck your pasta
im an oldfag
BUY CHAINLINK
ETH is gay as fuck
Buy 32 ETH for your faggot ETH 2.0 staking debutant pageant faggots

>> No.24157125 [DELETED] 

Mercy and peace be multiplied unto YOU! Repent! Jesus Christ is coming back soon! Don't be afraid to ally with the victor over sin and death! Christ conquered sin and death in order for you to reign with Him in supreme peace! Repent, and claim His victory of eternal salvation before it's too late!

https://www.youtube.com/watch?v=UhZ5P2rUBwg

>> No.24157262

>>24157125
Hes 2021 years too late dude

>> No.24157331
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24157331

Flare is going to do what ETH does without the bullshit gas prices and transaction speeds an order of magnitude faster. XRP is the future.