On 11/20/13 8:07 PM, Owen Densmore wrote:
Has anyone gotten involved? Got a bitcoin?
It's pretty much hopeless to make money without an ASIC based system.
CPUs and GPUs use too much power.
To get an idea how small of a contribution one system makes, the
collaborative mining sites are running in the hundreds of tera hashes a
second. For a couple hundred bucks, a custom chip (via a USB-connected
box) can do 5 giga hashes a second. These are just becoming available,
the vendors are backlogged on shipments. To make more than a few bucks
a day, expect to spend several thousand dollars on card or rig that can
do a few hundred giga hashes a second. But then you've got to mine
enough bitcoins to pay for it.
The collaborative mining sites make it easy to trade for U.S. dollars, etc.
Marcus
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