<div dir="ltr">thanks for the advise.... I wish I could afford it, Gilbert. now if just tethering a bunch of computers together would work I could do that! Where could I spend this 'currency' at anyways?</div><div class="gmail_extra">
<br clear="all"><div>:-)~MIKE~(-:</div>
<br><br><div class="gmail_quote">On Thu, Mar 20, 2014 at 9:03 AM, Gilbert T. Gutierrez, Jr. <span dir="ltr"><<a href="mailto:mailing-lists@phoenixinternet.net" target="_blank">mailing-lists@phoenixinternet.net</a>></span> wrote:<br>
<blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">
<div text="#000000" bgcolor="#FFFFFF">
<div>I have several customers mining in my
collocation facility. They are using the custom ASICs. Every few
months they seem to replace them with newer stuff. I can tell you
the they use a lot of electricity and generate a lot of heat. You
have to spend a lot of money to make money is all I can say. This
is not the most environmentally favorable way to do so either.<span class="HOEnZb"><font color="#888888"><br>
<br>
Gilbert</font></span><div><div class="h5"><br>
<br>
On 3/19/2014 4:18 PM, Michael Havens wrote:<br>
</div></div></div><div><div class="h5">
<blockquote type="cite">
<div dir="ltr">holy moly! they want between 400 and 10000 dollars
for ASIC stuff. I figured I'd try tethering a bunch of used
computers together because that is what I can afford to do.</div>
<div class="gmail_extra">
<br clear="all">
<div>:-)~MIKE~(-:</div>
<br>
<br>
<div class="gmail_quote">On Wed, Mar 19, 2014 at 3:07 PM, Eric
Cope <span dir="ltr"><<a href="mailto:eric.cope@gmail.com" target="_blank">eric.cope@gmail.com</a>></span>
wrote:<br>
<blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">
<div dir="ltr">You will spend more money on electricity than
any bitcoins you are able to mine with anything other than
custom ASICs. If you want to fiddle around with a
crypto-currency, I'd pick another one where mining on your
personal laptop (or freely available PCs). <span><font color="#888888">
<div>
<br>
</div>
<div>Eric</div>
</font></span></div>
<div>
<div>
<div class="gmail_extra"><br>
<br>
<div class="gmail_quote">On Wed, Mar 19, 2014 at 2:51
PM, Sesso <span dir="ltr"><<a href="mailto:sesso@djsesso.com" target="_blank">sesso@djsesso.com</a>></span>
wrote:<br>
<blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">I
have a list of all of the types of coin that are
out there and the complexity to mine. I'll try to
remember to post it in here so that you can
research the different types of coin.<br>
<br>
Sent from my iPhone<br>
<div>
<div><br>
> On Mar 19, 2014, at 2:43 PM, Brian Cluff
<<a href="mailto:brian@snaptek.com" target="_blank">brian@snaptek.com</a>>
wrote:<br>
><br>
> Look into ASIC based bitcoin mining it's
way way way faster than using standard
computers to do the mining.<br>
><br>
> That being said, I would wait a little
while and see how bitcoin plays out. It's on
rocky ground right now and you might find that
you have purchased a bunch of hardware and
burned a ton of electricity to mine a bitcoin
that turns out to be worthless.<br>
><br>
> Brian<br>
><br>
>> On 03/19/2014 02:35 PM, Michael
Havens wrote:<br>
>> what I'm thinking of doing is buying
a bunch of used computers and<br>
>> turning them into a super-computer
and using that for the bit-coin<br>
>> mining. What is super-computerizing
called?<br>
>><br>
>> :-)~MIKE~(-:<br>
>><br>
>><br>
>> On Mon, Mar 17, 2014 at 5:29 PM,
Michael Havens <<a href="mailto:bmike1@gmail.com" target="_blank">bmike1@gmail.com</a><br>
>> <mailto:<a href="mailto:bmike1@gmail.com" target="_blank">bmike1@gmail.com</a>>>
wrote:<br>
>><br>
>> how do I get involved with this?
Any pointers... how-tos?<br>
>> :-)~MIKE~(-:<br>
>><br>
>><br>
>><br>
>><br>
>>
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