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re: Bitcoin Casinos Release 2012 Earnings

Posted on 1/22/13 at 3:12 pm to
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35696 posts
Posted on 1/22/13 at 3:12 pm to
quote:

explain it to me like I was 5


You can "mine" Bitcoins using a computers graphics card. That's the only way to earn them. Unless you're willing to utilize a bunch of computers the return is minimal. However, you can join a cooperative with your computer(s) and you get a percentage of what the cooperative earns.

If the gambling sites were to take off the potential is that the value of a Bitcoin could skyrocket. One of the big problems right now is that if an exchange gets hacked it destroys the value.
This post was edited on 1/22/13 at 3:15 pm
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