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 <eric.cope@gmail.com
> <mailto:eric.cope@gmail.com>> 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 <sesso@djsesso.com
> <mailto:sesso@djsesso.com>> 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 <brian@snaptek.com
> <mailto:brian@snaptek.com>> 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
> <bmike1@gmail.com <mailto:bmike1@gmail.com>
> >> <mailto:bmike1@gmail.com <mailto:bmike1@gmail.com>>> wrote:
> >>
> >> how do I get involved with this? Any pointers... how-tos?
> >> :-)~MIKE~(-:
> >>
> >>
> >>
> >>
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