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**Nesskissabe** · 09-05-2012, 08:22 PM

I am a bitcoin moron. But I would like to understand this. A few questions:

1. How was valuation of a bitcoin in dollars arrived at?
2. Can my PC mine for bitcoins in the background, 24/7? If so, how many bitcoins might I find with an I-5 CPU doing nothing but bitcoin mining?
3. If everyone's PC can mine bitcoins, is there a danger of bitcoin inflation?

09-05-2012, 08:22 PM	#11
Nesskissabe Join Date Oct 2005 Posts 446 Senior Member	I am a bitcoin moron. But I would like to understand this. A few questions: 1. How was valuation of a bitcoin in dollars arrived at? 2. Can my PC mine for bitcoins in the background, 24/7? If so, how many bitcoins might I find with an I-5 CPU doing nothing but bitcoin mining? 3. If everyone's PC can mine bitcoins, is there a danger of bitcoin inflation?
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