hello, so me and a friend are in need of extra money so we thought we could do something related with bitcoins.. his parents own a semi big commercial store and we have permanent and free access to the headquarters where we go to play with our noise toys. anyway, there is like 50 or more computers that sit awake everynight when the people who works there goes home. is there something we can do to put that machines to mine day and night? would it be useful? i know the bitcoin bubble is going to pop soon
Using 50 computers with AMD graphics running full time, it would take around one year to mine a block of 25 bitcoins at the current reward rates. Think about it, one year of 50 computers draining the maximum amount of electricity. The person paying for the electricity would notice it if you started mining 24/7 with a single computer.
You should learn to capitalize. That might help you write a good resume and actually get a job, which would be much more profitable.
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Anonymous2013-11-25 0:01
You're late to the party. Buying and reselling at a higher price is a better (read carefully: better, not good) idea.
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Anonymous2013-11-25 1:33
Fuck
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Anonymous2013-11-25 4:24
>>3 But that's like 20-25 grand right now. Would the electricity bill be more than that?
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Anonymous2013-11-25 6:51
>>7 This scenario assumes the current reward rates stay constant. Reward rates are only going to get tougher every time someone is rewarded a block of bitcoins. This means in reality, it's going to take longer than one year to mine a block of bitcoins. The only way to mine bitcoins feasibly in this age is to buy professional bitcoin mining hardware. However, we're entering the time where small time mining operators with professional hardware are slowly losing their edge and that the only way to remain profitable is to become a big time mining operator.
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Anonymous2013-11-29 5:53
I'm using 14 usb ASICs and getting 4gh/s. I got them all for around $200. With bitcoin increasing in value, I am essentially making hella dough given my power consumption, which is about 2.6W per chip.
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Anonymous2013-11-29 8:27
>>9 Wow, 2.6W is really low, and I bet you are making some money.. BUT 14*200$ is a lot of money.. are you sure you can get that back?