bitcoin mining

[Thomas Milne]

On Thu, Jun 23, 2011 at 3:57 PM, Ori Idan <ori-RdxWQVHs3mjDN57Tih+YPw at public.gmane.org> wrote:

>
>
> On Thu, Jun 23, 2011 at 10:47 PM, G. Matthew Rice <matt-s/rLXaiAEBtBDgjK7y7TUQ at public.gmane.org>wrote:
>
>> guys, accepting bitcoin is something I've been hoping the Linux Caffe
>> would do.
>>
>> Who's organising this?  Maybe we could meet up there?  And why are we
>> doing it again? :)
>>
>> PS - On the "gov't run" v. "legal tender" front.  Answer the question,
>> "Who owns the US federal reserve?" first. :(
>>
>> Regards,
>> --matt
>>
>
> The federal reserve I guess is owned by the federal government.
>

Actually, no, I think it is independently funded. It is 'accountable' to the
US Congress, but funded by it's own investments.


> As for Linux Caffe to accept bitcoin, they would need an exchange rate from
> bitcoins to CAD, after all they need to pay for their place, employees etc.
> in CAD, unless they can pay their expenses in bitcoin too.
> So is there an exchange rate for bitcoin vs. $CAD?
>
> --
> Ori Idan
>
>
>> On Thu, Jun 23, 2011 at 3:14 PM, Stewart Russell <scruss-Re5JQEeQqe8AvxtiuMwx3w at public.gmane.org>
>> wrote:
>> > On Thu, Jun 23, 2011 at 2:47 PM, teddy mills <teddymills4-Re5JQEeQqe8AvxtiuMwx3w at public.gmane.org>
>> wrote:
>> >>
>> >> ... depending on where you are in the city, we are not billed on the
>> >> amount of electricity used.
>> >>
>> >
>> > But we're all paying for it. On average, you actually pay more for power
>> if
>> > it's not metered than if it is.
>> >
>> >  Stewart
>> >
>>
>>
>>
>> --
>> G. Matthew Rice <mrice-WHMkLBA7RDE at public.gmane.org>                         gpg id: EF9AAD20
>> --
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>
>


-- 
Thomas Milne
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