I think some of these points are more valid than others. 1. Internet goes out.. ok. Well, that is a real problem. Doesn't mean your coins will be erased though as everyone keeps the entire ledger with a full bitcoin client running. When the internet gets turned back on, however, everything should be all good. That is if the internet can be "turned off." 2. I'm guessing that you can somehow allow the ports to be open. 3. The miners process transactions in an encrypted message of sorts. I am not real strong in information around these subjects. This is best found on the "mining" board at bitcointalk.org 4. Virus.. there has been viruses made especially for bitcoin wallets, I have heard, at least. You can print to a paper wallet to be sure, or just keep your wallet encrypted with a VERY STRONG passcode, as I do. I also spread my risk around, so I don't keep all my coins in one wallet, I have multiple usb drives and internet locations where my coins reside. 5. I'm guessing you mean't EMP? Yeah, don't really know how these actually work outside of Ocean's 13, or what is 12? Anyway, I have no idea. 6. Not sure.. inherent risk, if I am understanding what you are saying here. The rest of the post seems like conjecture and inherent risk with BTC. But, like I have been saying, BTC is full of risk. But the reward so far, for me at least, has been enormous. I still think dollar cost averaging is the way to go with this.
And when/if it does, you should make sure and pick some up this time around - if you haven't already.
I was about to buy a 60 gh/s machine from butterfly today (1299 usd) but the shipping queue is undetermined. Estimated delivery time is around 6 months! Sorta retarded. In this day and age there's got to be tonnes of hardware supply, but has to be sourced and put together (hardware and software) custom built. This is the realm of techies and something I can't do as a layman. I think its well worth it. Even copy cats are worth a look. Now is the time to get in on it but I don't have the knowledge of where to source the asci boards , what software, how to put it all together etc. Realsitically, I may just buy some and sit on them. I'd like to mine tho. If I cud buy a decent rig I'd just do that. I think bitcoin is a real good long term bet now.
Dont, they havent shipped one yet.. some people are saying they are a scam.. check them out on bitcointalk.org Go for AVALON, they are the only ones that have successfully shipped any ASIC miners. BTW, I know nothing about mining, but to go for help here is the link.. https://bitcointalk.org/index.php?board=14.0
Hey Algo - what's ur rig like? How many gh.s and what's the performance like? Think I shud try and build a rig? Wud it be possible?
I dont mine, but I wish I would have gotten on it earlier.. Check my above post with the link to get a good feel from other mining members of the community.