
“While I have now recouped my investment in mining hardware, you may not be so lucky. Even among ASIC-based mining hardware there is a ranking, a hierarchy based on purchase cost and energy efficiency. Tis folly to think that you’ll be able to run 130 nm ASICminer ASICs in California indefinitely. At some point, you will be outgunned by people running yet-to-be-sold 28 nm ASICs in some rural county of Washington state, where a kWh costs a mere 2.33 cents. Bitcoin mining is not for the faint of heart, nor for the mathematically challenged. Invest only what you can afford to lose. Or better yet, enjoy this crazy sideshow from the bleachers.”
http://www.tomshardware.com/print/bitcoin-mining-make-money,reviews-3514.html
Related posts:
Virginia tells lies to trick emigrants into thinking they owe Virginia state tax
Oregon: Jesus Malverde Medallion Did Not Justify Traffic Stop
Monetary Madness, Part II
Federal AIDS website insecurely transmitted user locations for years
This Week in Police Law Enforcement: What They Do When They Come For You
John Kerry hopes drone strikes end 'soon,' State Dept thinks otherwise
Galveston Police Brutally Beat Man On The Beach; Police Chief Defends Them
Michael Hastings and the Hillary Clinton Link
Has US 'Red Line' On Syria Been Crossed?
Police Groups Furiously Protest Eric Holder's Marijuana Policy Announcement
Chechen Terrorists and the Neocons
Libertarian billionaire warns of 'financial Armageddon' after U.S. election
It Is Now Common Knowledge That US Drones Bomb Civilian Rescuers
Christian school defies Arkansas attorney general, arms teachers & posts sign
Obama Faces a Bigger Ticking Time Bomb than Obamacare Itself