bitcoin mining

[Michael Havens]

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