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 <
bmike1@gmail.com> 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 <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> 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> 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>> wrote:
>>>> >>
>>>> >> how do I get involved with this? Any pointers... how-tos?
>>>> >> :-)~MIKE~(-:
>>>> >>
>>>> >>
>>>> >>
>>>> >>
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