
“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:
Blind juggling robot keeps balls in the air for hours
‘Dislike’ and ‘Unfriendliness’ Can Be Hate Crimes, UK Police Confirm
Texas House approves bundle of radical pro-gun laws
Downgrade the Long-Term Debt of the United States Before It’s Too Late
Hoarding Gold: China’s Plan for Survival
The People Say No To War
Wisconsin: Increased Penalties for Marijuana Possession Sought
Miss a Little … Miss a Lot
Reality Check: Do We Really Need To Audit The Federal Reserve?
France's Hollande Invades Mali, Wins UNESCO Peace Prize
A Taxing Choice? PAC Checks May Ease the Pain
Forget Your Free Phone, Obama Has Screwed The Poor
U.S. government waging war on school bake sales?
Bitcoin saves Australian company TOMCAR $50,000 in bank fees
Critical crypto bug exposes Yahoo Mail, other passwords