Bitcoin

Most traders ignore this vital truth about altcurrencies

RonPaulCoin wallet

I’ve been wanting RonPaulCoin(RPC) for some time. I’m not bullish on the currency, in fact, I think it’s a bad idea. Naming a currency after a personality, especially a living one (Teslacoin could be kind of cool) is a terrible idea. But especially because Ron Paul is such an anti-fiat-currency goldbug, I thought it would be funny to have one RonPaulCoin.

Bitcoin: worth the electrons it's printed on?

I recall reading even before I had any interest in Bitcoin or Bitcoin mining that the cost of electricity was probably higher than the yield one could get by mining. So I never expected to set up a mining operation on my personal computer and get rich quick. I did what I recommend anyone do if they are interested in getting to know how Bitcoin works: I set up a mining operation to learn.

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