Re: bitcoin mining

2014-03-21 Thread George Toft
I just bought two HP DL 380 G5's for a project.  Server cost was under 
$500 for 32GB RAM, two quad core XEON CPU's, and four 73GB SAS drives 
with hardware RAID in a 2U package.  That's 8 real cores of processing 
for $300 and they were quiet, too - it didn't sound like a turbine 
engine like most servers.


At this point, I would shop for 3 year old hardware coming off lease 
rather than building a cluster.  Just a thought.


Regards,

George Toft

On 3/19/2014 2:51 PM, Michael Havens wrote:
actually I have another use for the hardware if the bit coins 
become worthless so I  am not overly concerned.


:-)~MIKE~(-:


On Wed, Mar 19, 2014 at 2:43 PM, Brian Cluff <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
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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Re: bitcoin mining

2014-03-20 Thread Phil Waclawski
Well, you can also use it as a Blender 3D render farm  ;)

Phil Waclawski


On Thu, Mar 20, 2014 at 12:21 PM, Michael Havens  wrote:

> cool. look what I found at
> http://www.scribd.com/doc/211808/Computer-Cluster
>
> here is an excerpt:
>
>  The Rocks operating system is made especially for clusters. Rocks is a
> RedHat based operating system. Rocks has a lot of interesting features
> which make your life easy. It is very easy to be installed. To install
> Rocks visit the official website of Rocks Cluster
> http://www.rocksclusters.org/wordpress/ where you can download Rocks and
> have the handout of installation.
>
> :-)~MIKE~(-:
>
>
> On Thu, Mar 20, 2014 at 12:09 PM, Michael Havens  wrote:
>
>> Man, I hate this I want so much to build one but I don't have any use
>> for one. It will just sit collecting dust. So I will just have an expensive
>> dust-bunny maker!
>>
>> :-)~MIKE~(-:
>>
>>
>> On Thu, Mar 20, 2014 at 11:10 AM, Stephen Partington <
>> cryptwo...@gmail.com> wrote:
>>
>>> well if you Google beowulf cluster you will find the first one i had
>>> learned about. but there are a number of options out there.
>>>
>>> the main thing is once you have it set up you need to figure out what
>>> you will do with it. and that is where it gets interesting because you then
>>> usually have to build and design a workload for it.
>>>
>>>
>>>
>
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Re: bitcoin mining

2014-03-20 Thread Michael Havens
cool. look what I found at http://www.scribd.com/doc/211808/Computer-Cluster

here is an excerpt:

 The Rocks operating system is made especially for clusters. Rocks is a
RedHat based operating system. Rocks has a lot of interesting features
which make your life easy. It is very easy to be installed. To install
Rocks visit the official website of Rocks Cluster
http://www.rocksclusters.org/wordpress/ where you can download Rocks and
have the handout of installation.

:-)~MIKE~(-:


On Thu, Mar 20, 2014 at 12:09 PM, Michael Havens  wrote:

> Man, I hate this I want so much to build one but I don't have any use
> for one. It will just sit collecting dust. So I will just have an expensive
> dust-bunny maker!
>
> :-)~MIKE~(-:
>
>
> On Thu, Mar 20, 2014 at 11:10 AM, Stephen Partington  > wrote:
>
>> well if you Google beowulf cluster you will find the first one i had
>> learned about. but there are a number of options out there.
>>
>> the main thing is once you have it set up you need to figure out what you
>> will do with it. and that is where it gets interesting because you then
>> usually have to build and design a workload for it.
>>
>>
>>
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Re: bitcoin mining

2014-03-20 Thread Michael Havens
Man, I hate this I want so much to build one but I don't have any use
for one. It will just sit collecting dust. So I will just have an expensive
dust-bunny maker!

:-)~MIKE~(-:


On Thu, Mar 20, 2014 at 11:10 AM, Stephen Partington
wrote:

> well if you Google beowulf cluster you will find the first one i had
> learned about. but there are a number of options out there.
>
> the main thing is once you have it set up you need to figure out what you
> will do with it. and that is where it gets interesting because you then
> usually have to build and design a workload for it.
>
>
>
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Re: bitcoin mining

2014-03-20 Thread Gilbert T. Gutierrez, Jr.
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 <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.
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 1 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
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 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
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
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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PLUG-discuss@lists.phxlinux.org
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>>
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Re: bitcoin mining

2014-03-20 Thread Stephen Partington
well if you Google beowulf cluster you will find the first one i had
learned about. but there are a number of options out there.

the main thing is once you have it set up you need to figure out what you
will do with it. and that is where it gets interesting because you then
usually have to build and design a workload for it.


On Thu, Mar 20, 2014 at 10:55 AM, Michael Havens  wrote:

> I've always wanted to tether computers together for the experience and
> this is just giving me an excuse to do it! If I find my electric bill too
> high I can always stop doing it.
> But the question remains. what good are
> butcoins/feathercoins/anyoftheothercoins? Where can they be used?
>
> :-)~MIKE~(-:
>
>
> On Thu, Mar 20, 2014 at 10:15 AM, sean  wrote:
>
>> You will be if you try to mine a cryptocurrency. I think you're
>> underestimating how much processing power is needed to get coins.
>> On Mar 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 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> 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 1 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 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  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 
>>>>>>> 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:
>>>>>>> 

Re: bitcoin mining

2014-03-20 Thread Michael Havens
I've always wanted to tether computers together for the experience and this
is just giving me an excuse to do it! If I find my electric bill too high I
can always stop doing it.
But the question remains. what good are
butcoins/feathercoins/anyoftheothercoins? Where can they be used?

:-)~MIKE~(-:


On Thu, Mar 20, 2014 at 10:15 AM, sean  wrote:

> You will be if you try to mine a cryptocurrency. I think you're
> underestimating how much processing power is needed to get coins.
> On Mar 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  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> 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 1 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  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  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  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 >>>>> >> <mailto:bmi...@gmail.com>> wrote:
>>>>>> >>
>>>>>> >>how do I get involved with this? Any pointers... how-tos?
>>>>>> >>:-)~MIKE~(-:
>>>>>> >>
>&g

Re: bitcoin mining

2014-03-20 Thread sean
You will be if you try to mine a cryptocurrency. I think you're
underestimating how much processing power is needed to get coins.
On Mar 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  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> 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 1 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  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  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  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 >>>> >> <mailto:bmi...@gmail.com>> wrote:
>>>>> >>
>>>>> >>how do I get involved with this? Any pointers... how-tos?
>>>>> >>:-)~MIKE~(-:
>>>>> >>
>>>>> >>
>>>>> >>
>>>>> >>
>>>>> >> ---
>>>>> >> PLUG-discuss mailing list - PLUG-discuss@lists.phxlinux.org
>>>>> >> To subscribe, unsubscribe, or to change your mail settings:
>>>>> >> http://lists.phxlinux.org/mailman/listinfo/plug-discuss
>>>>> >>
>>>>> >
>>>>> > ---
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>>>>> > To subscribe, unsubscribe, or t

Re: bitcoin mining

2014-03-20 Thread Michael Havens
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  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> 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 1 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  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  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  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 >>> >> <mailto:bmi...@gmail.com>> wrote:
>>>> >>
>>>> >>how do I get involved with this? Any pointers... how-tos?
>>>> >>:-)~MIKE~(-:
>>>> >>
>>>> >>
>>>> >>
>>>> >>
>>>> >> ---
>>>> >> PLUG-discuss mailing list - PLUG-discuss@lists.phxlinux.org
>>>> >> To subscribe, unsubscribe, or to change your mail settings:
>>>> >> http://lists.phxlinux.org/mailman/listinfo/plug-discuss
>>>> >>
>>>> >
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>>>>
>>>
>>>
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Re: bitcoin mining

2014-03-20 Thread Michael Havens
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> 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 1 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  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  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  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 >> >> <mailto:bmi...@gmail.com>> wrote:
>>> >>
>>> >>how do I get involved with this? Any pointers... how-tos?
>>> >>:-)~MIKE~(-:
>>> >>
>>> >>
>>> >>
>>> >>
>>> >> ---
>>> >> PLUG-discuss mailing list - PLUG-discuss@lists.phxlinux.org
>>> >> To subscribe, unsubscribe, or to change your mail settings:
>>> >> http://lists.phxlinux.org/mailman/listinfo/plug-discuss
>>> >>
>>> >
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RE: bitcoin mining

2014-03-20 Thread Carruth, Rusty
I spoke to a friend of mine some time back who has done some mining, and
what I remember about what he said was:

 

Originally, the problems were pretty easy, but they get harder as each
problem is solved.  Now the problems are very hard, so that at this
point, you almost have to buy an asic-based 'solution', because
otherwise the  cost of electricity will wipe out your bitcoin 'payment'.

(Interesting that some of the guys who make and sell those ASIC
solutions will accept bitcoin in payment)

 

The sad thing is that the problems you are solving have no 'socially
redeeming value' - you are not solving any real-world problems.  I think
you aren't even computing pi to a quadrillion decimal places ;-)

 

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Re: bitcoin mining

2014-03-20 Thread Gilbert T. Gutierrez, Jr.
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 1 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 <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 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 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
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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<mailto:PLUG-discuss@lists.phxlinux.org>
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Re: bitcoin mining

2014-03-19 Thread Michael Havens
never mind I just looked at their 'market place'. I think that it
probably is going nowhere. I mean if you can't buy food what good is it?

:-)~MIKE~(-:


On Wed, Mar 19, 2014 at 4:42 PM, Michael Havens  wrote:

> here is a reference needed for my last email
> http://www.eweek.com/cloud/slideshows/bitcoin-has-company-on-cryptocurrency-stage.html
>
> :-)~MIKE~(-:
>
>
> On Wed, Mar 19, 2014 at 4:30 PM, Michael Havens  wrote:
>
>> I think feather coin is a good thing to mine because there is a market
>> already set up for it. What do you think?
>>
>> :-)~MIKE~(-:
>>
>>
>> On Wed, Mar 19, 2014 at 4:18 PM, Michael Havens  wrote:
>>
>>> holy moly! they want between 400 and 1 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  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  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  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 >>>> >> <mailto:bmi...@gmail.com>> wrote:
>>>>> >>
>>>>> >>how do I get involved with this? Any pointers... how-tos?
>>>>> >>:-)~MIKE~(-:
>>>>> >>
>>>>> >>
>>>>> >>
>>>>> >>
>>>>> >> ---
>>>>> >> PLUG-discuss mailing list - PLUG-discuss@lists.phxlinux.org
>>>>> >> To subscribe, unsubscribe, or to change your mail settings:
>>>>> >> http://lists.phxlinux.org/mailman/listinfo/plug-discuss
>>>>> >>
>>>>> >
>>>>> > ---
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>>>>> > To subscribe, unsubscribe, or to change your mail settings:
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Re: bitcoin mining

2014-03-19 Thread Michael Havens
here is a reference needed for my last email
http://www.eweek.com/cloud/slideshows/bitcoin-has-company-on-cryptocurrency-stage.html

:-)~MIKE~(-:


On Wed, Mar 19, 2014 at 4:30 PM, Michael Havens  wrote:

> I think feather coin is a good thing to mine because there is a market
> already set up for it. What do you think?
>
> :-)~MIKE~(-:
>
>
> On Wed, Mar 19, 2014 at 4:18 PM, Michael Havens  wrote:
>
>> holy moly! they want between 400 and 1 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  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  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  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 >>> >> <mailto:bmi...@gmail.com>> wrote:
>>>> >>
>>>> >>how do I get involved with this? Any pointers... how-tos?
>>>> >>:-)~MIKE~(-:
>>>> >>
>>>> >>
>>>> >>
>>>> >>
>>>> >> ---
>>>> >> PLUG-discuss mailing list - PLUG-discuss@lists.phxlinux.org
>>>> >> To subscribe, unsubscribe, or to change your mail settings:
>>>> >> http://lists.phxlinux.org/mailman/listinfo/plug-discuss
>>>> >>
>>>> >
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>>>
>>>
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Re: bitcoin mining

2014-03-19 Thread Michael Havens
I think feather coin is a good thing to mine because there is a market
already set up for it. What do you think?

:-)~MIKE~(-:


On Wed, Mar 19, 2014 at 4:18 PM, Michael Havens  wrote:

> holy moly! they want between 400 and 1 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  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  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  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 >> >> <mailto:bmi...@gmail.com>> wrote:
>>> >>
>>> >>how do I get involved with this? Any pointers... how-tos?
>>> >>:-)~MIKE~(-:
>>> >>
>>> >>
>>> >>
>>> >>
>>> >> ---
>>> >> PLUG-discuss mailing list - PLUG-discuss@lists.phxlinux.org
>>> >> To subscribe, unsubscribe, or to change your mail settings:
>>> >> http://lists.phxlinux.org/mailman/listinfo/plug-discuss
>>> >>
>>> >
>>> > ---
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>>
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Re: bitcoin mining

2014-03-19 Thread Michael Havens
holy moly! they want between 400 and 1 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  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  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  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 > >> <mailto:bmi...@gmail.com>> wrote:
>> >>
>> >>how do I get involved with this? Any pointers... how-tos?
>> >>:-)~MIKE~(-:
>> >>
>> >>
>> >>
>> >>
>> >> ---
>> >> PLUG-discuss mailing list - PLUG-discuss@lists.phxlinux.org
>> >> To subscribe, unsubscribe, or to change your mail settings:
>> >> http://lists.phxlinux.org/mailman/listinfo/plug-discuss
>> >>
>> >
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Re: bitcoin mining

2014-03-19 Thread Eric Cope
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  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  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  >> <mailto:bmi...@gmail.com>> wrote:
> >>
> >>how do I get involved with this? Any pointers... how-tos?
> >>:-)~MIKE~(-:
> >>
> >>
> >>
> >>
> >> ---
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> >> To subscribe, unsubscribe, or to change your mail settings:
> >> http://lists.phxlinux.org/mailman/listinfo/plug-discuss
> >>
> >
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Re: bitcoin mining

2014-03-19 Thread Sesso
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  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 > <mailto:bmi...@gmail.com>> wrote:
>> 
>>how do I get involved with this? Any pointers... how-tos?
>>:-)~MIKE~(-:
>> 
>> 
>> 
>> 
>> ---
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Re: bitcoin mining

2014-03-19 Thread Michael Havens
actually I have another use for the hardware if the bit coins become
worthless so I  am not overly concerned.

:-)~MIKE~(-:


On Wed, Mar 19, 2014 at 2:43 PM, Brian Cluff  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 > <mailto:bmi...@gmail.com>> wrote:
>>
>> how do I get involved with this? Any pointers... how-tos?
>> :-)~MIKE~(-:
>>
>>
>>
>>
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Re: bitcoin mining

2014-03-19 Thread Brian Cluff
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 mailto:bmi...@gmail.com>> wrote:

how do I get involved with this? Any pointers... how-tos?
:-)~MIKE~(-:




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Re: bitcoin mining

2014-03-19 Thread Michael Havens
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  wrote:

> how do I get involved with this? Any pointers... how-tos?
> :-)~MIKE~(-:
>
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bitcoin mining

2014-03-17 Thread Michael Havens
how do I get involved with this? Any pointers... how-tos?
:-)~MIKE~(-:
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