ACS - Bitcoin - An open internet currency
| When |
Nov 09, 2011
from 11:15 PM to 12:30 AM |
|---|---|
| Where | Level 11, 50 Carrington Street |
| Contact Name | Alan Milligan |
| Contact Phone | 0415154330 |
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Agenda
Bitcoin spectaculary came to mainstream prominence a few months ago when a US senator raised (specious) concerns about it being used to anonymously procure drugs over the internet.
Come along for a lively discussion about fiat money, how it is created, central banking, quantitive easing, and what bitcoin can do about it all.
From a computing perspective, Alan will discuss the public key cryptography behind bitcoin, demonstrate the bitcoin desktop client and then go on to demonstrate the process of actually generating bitcoins - mining! This will be an in-depth discussion around modern GPU's, setting them up, and presenting a couple of the most popular mining software solutions.
If you are thinking about mining (or are a gamer), then you may also be interested in a discussion around the different chipsets in popular NVidia and ATI/AMD offerings and Alan's own mining rig.
Bio
Alan Milligan has spent many years doing trading systems for investment banks globally and has a keen interest in finance and monetary policy. Having been hacking his own flavour of Linux for years, he's taken an interest in bitcoin to delve into GPU-computing.
