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<div class="moz-cite-prefix">Mike, when the CPU's are running at
100%, 24/7, it eats some seirous power. The guys in my facility
use about 50amps to 60amps of continuous power each, utilizing
about a half cabinet worth of space each. Then there is the
cooling and the power requirements for that. It is a serious
business.<br>
<br>
Gilbert<br>
<br>
On 3/20/2014 10:06 AM, Michael Havens wrote:<br>
</div>
<blockquote
cite="mid:CAFRvunJkrNB1Xpj1da3pSH22ps-T6v_hZLE1AoLBzuEObj1rJg@mail.gmail.com"
type="cite">
<div dir="ltr">I'll tell you Rusty, I currently have 2 computers
that I keep on 24 hours a day. I set it up so I pay a yearly
average per month and right now my electric bill is $78/month.
I'm not too worried about my electric bill.</div>
<div class="gmail_extra"><br clear="all">
<div>:-)~MIKE~(-:</div>
<br>
<br>
<div class="gmail_quote">On Thu, Mar 20, 2014 at 9:55 AM,
Michael Havens <span dir="ltr"><<a moz-do-not-send="true"
href="mailto:bmike1@gmail.com" target="_blank">bmike1@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">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>
<div>
<div class="h5">
<br>
<br>
<div class="gmail_quote">On Thu, Mar 20, 2014 at 9:03
AM, Gilbert T. Gutierrez, Jr. <span dir="ltr"><<a
moz-do-not-send="true"
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><font color="#888888"><br>
<br>
Gilbert</font></span>
<div>
<div><br>
<br>
On 3/19/2014 4:18 PM, Michael Havens
wrote:<br>
</div>
</div>
</div>
<div>
<div>
<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
moz-do-not-send="true"
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
moz-do-not-send="true"
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
moz-do-not-send="true"
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
moz-do-not-send="true" href="mailto:bmike1@gmail.com" target="_blank">bmike1@gmail.com</a><br>
>> <mailto:<a
moz-do-not-send="true" 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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