Mike, when the CPU's are running at 100%, 24/7, it eats some seirous
power. The guys in my facility use about 50amps to 60amps of continuous
power each, utilizing about a half cabinet worth of space each. Then
there is the cooling and the power requirements for that. It is a
serious business.
Gilbert
On 3/20/2014 10:06 AM, Michael Havens 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 <bmi...@gmail.com
<mailto:bmi...@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-li...@phoenixinternet.net
<mailto:mailing-li...@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.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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