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.c...@gmail.com
<mailto:eric.c...@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 <se...@djsesso.com
<mailto:se...@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 <br...@snaptek.com
<mailto:br...@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
<bmi...@gmail.com <mailto:bmi...@gmail.com>
>> <mailto:bmi...@gmail.com <mailto:bmi...@gmail.com>>> wrote:
>>
>> how do I get involved with this? Any pointers... how-tos?
>> :-)~MIKE~(-:
>>
>>
>>
>>
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