Re: bitcoin mining

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Author: Michael Havens
Date:  
To: Main PLUG discussion list
Subject: Re: bitcoin mining
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 <
>> >> <mailto:bmike1@gmail.com>> wrote:
>> >>
>> >>    how do I get involved with this? Any pointers... how-tos?
>> >>    :-)~MIKE~(-:

>> >>
>> >>
>> >>
>> >>
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