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? :-)~MIKE~(-: On Thu, Mar 20, 2014 at 9:03 AM, Gilbert T. Gutierrez, Jr. < mailing-lists@phoenixinternet.net> wrote: > 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. > > Gilbert > > > On 3/19/2014 4:18 PM, Michael Havens wrote: > > 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. > > :-)~MIKE~(-: > > > On Wed, Mar 19, 2014 at 3:07 PM, Eric Cope wrote: > >> 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). >> >> Eric >> >> >> On Wed, Mar 19, 2014 at 2:51 PM, Sesso wrote: >> >>> 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. >>> >>> Sent from my iPhone >>> >>> > On Mar 19, 2014, at 2:43 PM, Brian Cluff wrote: >>> > >>> > Look into ASIC based bitcoin mining it's way way way faster than using >>> standard computers to do the mining. >>> > >>> > 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. >>> > >>> > Brian >>> > >>> >> On 03/19/2014 02:35 PM, Michael Havens wrote: >>> >> what I'm thinking of doing is buying a bunch of used computers and >>> >> turning them into a super-computer and using that for the bit-coin >>> >> mining. What is super-computerizing called? >>> >> >>> >> :-)~MIKE~(-: >>> >> >>> >> >>> >> On Mon, Mar 17, 2014 at 5:29 PM, Michael Havens >> >> > wrote: >>> >> >>> >> how do I get involved with this? Any pointers... how-tos? >>> >> :-)~MIKE~(-: >>> >> >>> >> >>> >> >>> >> >>> >> --------------------------------------------------- >>> >> PLUG-discuss mailing list - PLUG-discuss@lists.phxlinux.org >>> >> To subscribe, unsubscribe, or to change your mail settings: >>> >> http://lists.phxlinux.org/mailman/listinfo/plug-discuss >>> >> >>> > >>> > --------------------------------------------------- >>> > PLUG-discuss mailing list - PLUG-discuss@lists.phxlinux.org >>> > To subscribe, unsubscribe, or to change your mail settings: >>> > http://lists.phxlinux.org/mailman/listinfo/plug-discuss >>> --------------------------------------------------- >>> PLUG-discuss mailing list - PLUG-discuss@lists.phxlinux.org >>> To subscribe, unsubscribe, or to change your mail settings: >>> http://lists.phxlinux.org/mailman/listinfo/plug-discuss >>> >> >> >> --------------------------------------------------- >> PLUG-discuss mailing list - PLUG-discuss@lists.phxlinux.org >> To subscribe, unsubscribe, or to change your mail settings: >> http://lists.phxlinux.org/mailman/listinfo/plug-discuss >> > > > > --------------------------------------------------- > PLUG-discuss mailing list - PLUG-discuss@lists.phxlinux.org > To subscribe, unsubscribe, or to change your mail settings:http://lists.phxlinux.org/mailman/listinfo/plug-discuss > > > > --------------------------------------------------- > PLUG-discuss mailing list - PLUG-discuss@lists.phxlinux.org > To subscribe, unsubscribe, or to change your mail settings: > http://lists.phxlinux.org/mailman/listinfo/plug-discuss >