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Juniiii

Cryptocurrency essay

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Posted · Original PosterOP

I’m writing a essay about cryptocurrency and how it’s good and bad, can you all help a brother out and jot down some pros and cons?

 

ALSO SOME BACKGROUND INFORMATION ABOUT IT TOO, THANKS!!!

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pro's

  • it's anonymous
  • it's cheap
  • you can make a nice profit on buying them
  • it's safe
  • there's no middle man
  • it's hard to impossible to remake

cons

  • you can do shady stuff with it
  • it's not government checked
  • unstable, so you can lose a lot of money on it
  • the energy cost for hashing is still too much

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Second PC: Cedar mill

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CPU: i3-2130   GPU: Intel HD graphics   RAM: 4+2 GB 1333 mhz DDR3    MOBO: HP H series   HDD: 320 GB WD Black 7200 RPM   PSU: HP 250 watt   Soundcard: built in   Case: Sunbeam Quarterback   Screen: IIyama Prolite T2240MTS, Samsung SyncMaster710N

 

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Laptop : Acer TravelMate 8573t

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CPU: I3-2330M   GPU: Intel HD graphics   RAM: 8+2 GB 1333 mhz DDR3   MOBO: Acer   SSD: 250 gb mx500 sata   Soundcard: built in   Case: Acer TravelMate 8573t   Screen: TN 768p

 

Game consoles:

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PS4 slim glacier white 500 gb, PS4 FTP Special Edition 500 gb, Xbox, 3 DS lites, DSI XL, Gameboy Advanced Color, PS Vita v2, Wii, PS3 500 gb

 

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Posted · Original PosterOP
Just now, LukeSavenije said:

pro's

  • it's anonymous
  • it's cheap
  • you can make a nice profit on buying them
  • it's safe
  • there's no middle man
  • it's hard to impossible to remake

cons

  • you can do shady stuff with it
  • it's not government checked
  • unstable, so you can lose a lot of money on it
  • the energy cost for hashing is still too much

Can you give me a little background information you’d think would be good to add? I’m very familiar with crypto and how it works but I wanna make sure I include everything, seems like everyone in my class is very confused about it and they think it’s only use is to buy child pornography.

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1 minute ago, Juniiii said:

Can you give me a little background information you’d think would be good to add? I’m very familiar with crypto and how it works but I wanna make sure I include everything, seems like everyone in my class is very confused about it and they think it’s only use is to buy child pornography.

it's not... but it's well known by now it is used for many things, legal or not

 

I think it's all good to add, but you'll have to do some research to make it a full presentation


PSU Tier List//Graphics card (cooling) tier list//Build Guide Megathread//Motherboard Tier List//Linux Guide//Build logs///Before troubleshoot//Mark Solved//Off Topic//Community standards

Don't forget to quote or mention me

 

Primary PC:

Spoiler

CPU: I5-8600k  @4.5 ghz  GPU: GTX 1070 ti EVGA SC Gaming   RAM: 8+8 3360 mhz DDR4 Trident Z   MOBO: MSI Gaming Pro Carbon AC   HDD: 1 TB 7200 RPM Seagate Baracudda, 1 TB 5400 RPM Samsung ECOGREEN   SSD: Samsung 860 EVO 500 GB   Soundcard: built in   Case: Cooler Master Masterbox Lite 5 RGB   Screen: Salora 40LED1500

 

Second PC: Cedar mill

Spoiler

CPU: i3-2130   GPU: Intel HD graphics   RAM: 4+2 GB 1333 mhz DDR3    MOBO: HP H series   HDD: 320 GB WD Black 7200 RPM   PSU: HP 250 watt   Soundcard: built in   Case: Sunbeam Quarterback   Screen: IIyama Prolite T2240MTS, Samsung SyncMaster710N

 

Server: CookieVault

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CPU: core2dual E8400   GPU: Intel HD graphics   RAM: 2+1+1+1 gb 1333 mhz ddr3   MOBO: HP Q series   HDD: 4x 1tb 5400 RPM Samsung Spinpoint Ecogreen   Soundcard: built in   Case: Compaq 6000 pro mt   Screen: Samsung SyncMaster710n

 

Laptop : Acer TravelMate 8573t

Spoiler

CPU: I3-2330M   GPU: Intel HD graphics   RAM: 8+2 GB 1333 mhz DDR3   MOBO: Acer   SSD: 250 gb mx500 sata   Soundcard: built in   Case: Acer TravelMate 8573t   Screen: TN 768p

 

Game consoles:

Spoiler

PS4 slim glacier white 500 gb, PS4 FTP Special Edition 500 gb, Xbox, 3 DS lites, DSI XL, Gameboy Advanced Color, PS Vita v2, Wii, PS3 500 gb

 

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Posted · Original PosterOP
1 minute ago, LukeSavenije said:

it's not... but it's well known by now it is used for many things, legal or not

 

I think it's all good to add, but you'll have to do some research to make it a full presentation

Just a essay to read out loud, I wish it was a slideshow.

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1 minute ago, Juniiii said:

Just a essay to read out loud, I wish it was a slideshow.

ah okay... then i suggest you research those parts anyways, so you can get your own view on it

 

i went to a presentation of it yesterday, and I would have done it better, so I'm making you aware you don't forget anything


PSU Tier List//Graphics card (cooling) tier list//Build Guide Megathread//Motherboard Tier List//Linux Guide//Build logs///Before troubleshoot//Mark Solved//Off Topic//Community standards

Don't forget to quote or mention me

 

Primary PC:

Spoiler

CPU: I5-8600k  @4.5 ghz  GPU: GTX 1070 ti EVGA SC Gaming   RAM: 8+8 3360 mhz DDR4 Trident Z   MOBO: MSI Gaming Pro Carbon AC   HDD: 1 TB 7200 RPM Seagate Baracudda, 1 TB 5400 RPM Samsung ECOGREEN   SSD: Samsung 860 EVO 500 GB   Soundcard: built in   Case: Cooler Master Masterbox Lite 5 RGB   Screen: Salora 40LED1500

 

Second PC: Cedar mill

Spoiler

CPU: i3-2130   GPU: Intel HD graphics   RAM: 4+2 GB 1333 mhz DDR3    MOBO: HP H series   HDD: 320 GB WD Black 7200 RPM   PSU: HP 250 watt   Soundcard: built in   Case: Sunbeam Quarterback   Screen: IIyama Prolite T2240MTS, Samsung SyncMaster710N

 

Server: CookieVault

Spoiler

CPU: core2dual E8400   GPU: Intel HD graphics   RAM: 2+1+1+1 gb 1333 mhz ddr3   MOBO: HP Q series   HDD: 4x 1tb 5400 RPM Samsung Spinpoint Ecogreen   Soundcard: built in   Case: Compaq 6000 pro mt   Screen: Samsung SyncMaster710n

 

Laptop : Acer TravelMate 8573t

Spoiler

CPU: I3-2330M   GPU: Intel HD graphics   RAM: 8+2 GB 1333 mhz DDR3   MOBO: Acer   SSD: 250 gb mx500 sata   Soundcard: built in   Case: Acer TravelMate 8573t   Screen: TN 768p

 

Game consoles:

Spoiler

PS4 slim glacier white 500 gb, PS4 FTP Special Edition 500 gb, Xbox, 3 DS lites, DSI XL, Gameboy Advanced Color, PS Vita v2, Wii, PS3 500 gb

 

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Posted · Original PosterOP
1 minute ago, LukeSavenije said:

ah okay... then i suggest you research those parts anyways, so you can get your own view on it

 

i went to a presentation of it yesterday, and I would have done it better, so I'm making you aware you don't forget anything

I’m trying to mention everything, the impact of mining, the electricity it uses, the good and bad uses of it (investing, using bitcoin to buy drugs online etc etc)

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Just now, Juniiii said:

I’m trying to mention everything, the impact of mining, the electricity it uses, the good and bad uses of it (investing, using bitcoin to buy drugs online etc etc)

mention positive things too

 

look at it from multiple sides, and don't mention titles, make it a bit of a story

 

that's my general tip for things like this


PSU Tier List//Graphics card (cooling) tier list//Build Guide Megathread//Motherboard Tier List//Linux Guide//Build logs///Before troubleshoot//Mark Solved//Off Topic//Community standards

Don't forget to quote or mention me

 

Primary PC:

Spoiler

CPU: I5-8600k  @4.5 ghz  GPU: GTX 1070 ti EVGA SC Gaming   RAM: 8+8 3360 mhz DDR4 Trident Z   MOBO: MSI Gaming Pro Carbon AC   HDD: 1 TB 7200 RPM Seagate Baracudda, 1 TB 5400 RPM Samsung ECOGREEN   SSD: Samsung 860 EVO 500 GB   Soundcard: built in   Case: Cooler Master Masterbox Lite 5 RGB   Screen: Salora 40LED1500

 

Second PC: Cedar mill

Spoiler

CPU: i3-2130   GPU: Intel HD graphics   RAM: 4+2 GB 1333 mhz DDR3    MOBO: HP H series   HDD: 320 GB WD Black 7200 RPM   PSU: HP 250 watt   Soundcard: built in   Case: Sunbeam Quarterback   Screen: IIyama Prolite T2240MTS, Samsung SyncMaster710N

 

Server: CookieVault

Spoiler

CPU: core2dual E8400   GPU: Intel HD graphics   RAM: 2+1+1+1 gb 1333 mhz ddr3   MOBO: HP Q series   HDD: 4x 1tb 5400 RPM Samsung Spinpoint Ecogreen   Soundcard: built in   Case: Compaq 6000 pro mt   Screen: Samsung SyncMaster710n

 

Laptop : Acer TravelMate 8573t

Spoiler

CPU: I3-2330M   GPU: Intel HD graphics   RAM: 8+2 GB 1333 mhz DDR3   MOBO: Acer   SSD: 250 gb mx500 sata   Soundcard: built in   Case: Acer TravelMate 8573t   Screen: TN 768p

 

Game consoles:

Spoiler

PS4 slim glacier white 500 gb, PS4 FTP Special Edition 500 gb, Xbox, 3 DS lites, DSI XL, Gameboy Advanced Color, PS Vita v2, Wii, PS3 500 gb

 

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2 hours ago, Juniiii said:

I’m trying to mention everything, the impact of mining, the electricity it uses, the good and bad uses of it (investing, using bitcoin to buy drugs online etc etc)

Seems like you already have some google search words lined up. Next up: reading.


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