Conversation

Notices

  1. Cerulean Spark Cerulean Spark

    Which is approx $240's worth of miners, not counting powering, cooling, or even connecting 16 different passively cooled USB devices to a computer.

    Tuesday, 08-Oct-13 19:29:39 UTC from web
    1. xeleanorxrigbyx xeleanorxrigbyx

      @ceruleanspark That sounds like more work than it's worth. I know when the computer was infected, that thing was working really hard.

      Tuesday, 08-Oct-13 19:32:22 UTC from web
    2. Pony Pony

      @ceruleanspark It sounds like despite maintenance (cooling/power/hardware wear and tear), you'd still eventually make back the money.

      Tuesday, 08-Oct-13 19:33:38 UTC from web
      1. Cerulean Spark Cerulean Spark

        @pony Past performance doesn't guarantee future results, but, yeah.

        Tuesday, 08-Oct-13 19:35:32 UTC from web
        1. Pony Pony

          @ceruleanspark if you kept investing the return in miners you might, after a couple years, have enough to earn a bitcoin every 3 days or so. But how rapidly does mining power/yield/time decrease?

          Tuesday, 08-Oct-13 19:41:45 UTC from web
          1. Pony Pony

            @pony or do I mean BTC/mining power/time?

            Tuesday, 08-Oct-13 19:43:30 UTC from web
          2. Cerulean Spark Cerulean Spark

            @pony Estimated profitability decline is projected at about 0.61 a year, so roughly a linear decrease.

            Tuesday, 08-Oct-13 19:44:38 UTC from web
            1. Pony Pony

              @ceruleanspark that's not bad considering mining power could be increased exponentially

              Tuesday, 08-Oct-13 19:47:35 UTC from web
              1. Cerulean Spark Cerulean Spark

                @pony Around 2016 the amount of bitcoins "Earned" by mining a block will be halved from 25 to 12, so at that point it will become much less profitable.

                Tuesday, 08-Oct-13 19:51:23 UTC from web