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Comment: This is all based off of claims from IRC (Score 1) 411

by harks (#36233252) Attached to: Increased Power Usage Leads to Mistaken Pot Busts for Bitcoin Miners
I can't remember exactly where, but someone suggested that this might be a possibility on one of the Bitcoin forums. A day later, someone said in an IRC channel that they had been raided. I'm pretty sure they made it up based on the previous day's speculation. And now a website has picked up the IRC claim, and now Slashdot picks up that website's claim. As far as I can tell there's no backing that this supposed drug bust ever happened, but it's pyramiding into bigger and bigger news based on nothing.

Comment: Re:Bitcoin is good, but problematic. (Score 1) 280

by harks (#35584830) Attached to: Google Engineer Releases Open Source Bitcoin Client

I really like BitCoin, But the biggest problem is the "goldrush" is over. While new bitcoins can still be mined, it's expensive, and takes time. Oh, the other big problem is that not enough people accept them.

Difficulty of generating new Bitcoins is a feature, not a bug. If it were easy, they would have no value. The purpose of Bitcoin is to function as a form of money for saving and exchange, not to get rich by using your processor to print money. But you're right on the second part, the biggest obstacle is the lack of businesses that accept them.

Comment: Re:Warranty? (Score 1) 423

by harks (#33033862) Attached to: Jailbreaking iPhone Now Legal
The only argument against that which I can think of is that you are essentially mortgaging the phone with most phone plans - you get it for a low or zero upfront fee and you're essentially buying the phone with higher monthly fees. And when you mortgage a house, there are certain things the bank says you can't do to it while they own it - among other restrictions, I specifically remember them saying I couldn't store large tanks of gasoline in my house. For phones, I guess it would come down to whether this is explicitly stated in the service contract.

I don't believe there really IS a GAS SHORTAGE.. I think it's all just a BIG HOAX on the part of the plastic sign salesmen -- to sell more numbers!!

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