I've always wanted to tether computers together for the experience and this is just giving me an excuse to do it! If I find my electric bill too high I can always stop doing it. But the question remains..... what good are butcoins/feathercoins/anyoftheothercoins? Where can they be used? :-)~MIKE~(-: On Thu, Mar 20, 2014 at 10:15 AM, sean wrote: > You will be if you try to mine a cryptocurrency. I think you're > underestimating how much processing power is needed to get coins. > On Mar 20, 2014 10:06 AM, "Michael Havens" wrote: > >> 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. >> >> :-)~MIKE~(-: >> >> >> On Thu, Mar 20, 2014 at 9:55 AM, Michael Havens wrote: >> >>> 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 >>>> >>> >>> >> >> --------------------------------------------------- >> 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 >