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. Gilbert On 3/20/2014 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. > > 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