Off Topic
Are you a QOTWer? Do you want to start a thread that isn't a direct answer to the current QOTW? Then this place, gentle poster, is your friend.
(
rob, Sun 1 Apr 2001, 1:00)
using a machine dedicated to figuring out algorithms to create coins from nothing and getting coin in return for your electricity
(
Glovington, Tue 25 Nov 2014, 15:15,
2 replies,
latest was 10 years ago)
how much is a bitcoin worth?
edit: thanks for a simple explanation
(
MEATSNAKE Richard Hammond, Tue 25 Nov 2014, 15:15,
Reply)
at the current rate around £300
(
Bonzodog29 is an unemployed sponge of the worst kind, Tue 25 Nov 2014, 15:19,
Reply)
I want one for Xmas please
(
MEATSNAKE Richard Hammond, Tue 25 Nov 2014, 15:21,
Reply)
You betcha babydoll
(
Bonzodog29 is an unemployed sponge of the worst kind, Tue 25 Nov 2014, 15:22,
Reply)
Bout £240
(
Glovington, Tue 25 Nov 2014, 15:22,
Reply)
I bow down to your more recent information
(
Bonzodog29 is an unemployed sponge of the worst kind, Tue 25 Nov 2014, 15:23,
Reply)
Aw man, I had more than that in dollars, I could have spent those dollars on bitcoins
(
MEATSNAKE Richard Hammond, Tue 25 Nov 2014, 15:24,
Reply)
I have a huge amount of time on the country's largest supercompuer.
I have thought about using it for bitcoin mining - no one would know. Unless they did find out and I'd probably go to prison.
(
Baggenfrock get fucked, Tue 25 Nov 2014, 15:24,
Reply)
You can buy a decent asic miner for about £1000-£2000, then if you get into a good pool you can make profit, but new better machines are coming out all the time
you need to be ahead of the game with technology, and quite frankly I know fuck all about it. I know people were moaning about the cost of running the machine so hard for so long. Was screwing them on electric. So, being in solar power, I thought about rigging up an off grid mining unit...eco coin mining if you will. In the end I couldn't be fucked
(
Glovington, Tue 25 Nov 2014, 15:28,
Reply)
It's the free market, and they get harder to make as time goes on.
I think you have to really know what you're doing now to make anything, and even then I think the margins are tiny.
(
Baggenfrock get fucked, Tue 25 Nov 2014, 15:40,
Reply)
Good job I can't be fucked then
(
Glovington, Tue 25 Nov 2014, 15:52,
Reply)