bitcoin mining

[Stephen Partington]

well if you Google beowulf cluster you will find the first one i had
learned about. but there are a number of options out there.

the main thing is once you have it set up you need to figure out what you
will do with it. and that is where it gets interesting because you then
usually have to build and design a workload for it.


On Thu, Mar 20, 2014 at 10:55 AM, Michael Havens <bmike1 at gmail.com> wrote:

> I've always wanted to tether computers together for the experience and
> this is just giving me an excuse to do it! If I find my electric bill too
> high I can always stop doing it.
> But the question remains..... what good are
> butcoins/feathercoins/anyoftheothercoins? Where can they be used?
>
> :-)~MIKE~(-:
>
>
> On Thu, Mar 20, 2014 at 10:15 AM, sean <sean.a.ritzler at gmail.com> wrote:
>
>> You will be if you try to mine a cryptocurrency. I think you're
>> underestimating how much processing power is needed to get coins.
>> On Mar 20, 2014 10:06 AM, "Michael Havens" <bmike1 at gmail.com> 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 <bmike1 at 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 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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-- 
A mouse trap, placed on top of your alarm clock, will prevent you from
rolling over and going back to sleep after you hit the snooze button.

Stephen
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