The Furry Forums
Furry Chat => Tech Central => Topic started by: mindcrasherTheFox on April 20, 2014, 11:48:21 PM
-
I just bought this for $500 I had some extra money laying around so I decided to spend it on bitcoin mining rig
https://bitmaintech.com/productDetail.htm?pid=00020140107162747992Ce5uBuxW06D6 (https://bitmaintech.com/productDetail.htm?pid=00020140107162747992Ce5uBuxW06D6)
its a "ant miner S1" it can mine up to 180GH/s to 200GH/s
I will keep you updated on how much bitcoin i get a day it may be a flop or it could rock who knows but I will post pictures later or even me doing a unboxing video on it
Bitcoin
Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middle men – meaning, no banks! There are no transaction fees and no need to give your real name.
-
What exactly does bitcoin mining entail?
-
Bitcoin mining is a process of creating a virtual super computer over a network in order to crack hash codes that unlock bitcoin.
Isn't 1 bitcoin 150 USD?
-
Bitcoin mining is a process of creating a virtual super computer over a network in order to crack hash codes that unlock bitcoin.
Isn't 1 bitcoin 150 USD?
naw its not 150 USD thank god its 505.4 USD right now
-
Is this even safe to discuss here?
-
Is this even safe to discuss here?
yes sure is silly its legal and tech stuff :) no black hat stuff going on here
-
It's 100% legal
You have by backing
If I had the cash I'd be building my own
-
But how long does it take for one of these to get a bitcoin?
-
I can get $6.50 a day with it that would be 0.0130 in BTC a day and I also bought a nice scrypt miner that can get 300KH/s so I can pump out the DOGE coin as well
my scrypt miner Single Gridseed Asic Miner - 320-420 KH S Scrypt & SHA Asic Miner – Zoom Hash
-
I still have no clue how any of this works. X3 Though if I could learn I'd get one eventually
-
its okay I had no idea how it worked ether when i first started then i learned to become internet money
(http://i.imgur.com/kuj9sPP.gif)
-
A few things to mention, what's the energy cost of running the machine per day, how long will the hardware last, and will this form of currency last forever?
-
A few things to mention, what's the energy cost of running the machine per day, how long will the hardware last, and will this form of currency last forever?
i dont pay the energy bill so......... lol
-
A few things to mention, what's the energy cost of running the machine per day, how long will the hardware last, and will this form of currency last forever?
Bitcoin mining is not a "sure way" to get money, just like investing is not a "sure way" to get money. However, these are relatively good ways to get money, how much money you get from these ways depends on external factors outside your control, in a way it's gambling, but if you're smart you can make quite a bit of money off it (bitcoin mining is a slow process though, when compared with investing and stock broking.
-
(http://i.imgur.com/EcmwS6x.jpg)
(http://i.imgur.com/zgzRYHY.jpg)
-
Please make sure posts have at least 2 words in length