Boston Linux & Unix (BLU) Home | Calendar | Mail Lists | List Archives | Desktop SIG | Hardware Hacking SIG
Wiki | Flickr | PicasaWeb | Video | Maps & Directions | Installfests | Keysignings
Linux Cafe | Meeting Notes | Blog | Linux Links | Bling | About BLU

BLU Discuss list archive

[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

[Discuss] I believe bitcoins [1] (and bitcoin mining) are now officially "jumping the shark" [2]

On 01/30/2014 11:51 AM, Ted Roche wrote:
> On Thu, Jan 30, 2014 at 11:42 AM, Bill Bogstad <bogstad at> wrote:
>> NewEgg is offering a hardware combo deal targeted directly towards bitcoin
>> mining.
> At 1.2 KW and 80% power supply efficiency, I don't think it's the least
> expensive, but that could make a decent space heater for the back office.
> I wonder what the payback is on a $2100 unit to create bitcoins.
> Depending, of course, on when the bubble bursts.

I looked into it a few months back out of curiosity. As I understand it,
you're not even going to recover the cost of energy used to produce
bitcoins, leaving aside any upfront costs.

I'd have to dig a bit to find my sources, though, so take that with a
grain of salt.

BLU is a member of BostonUserGroups
BLU is a member of BostonUserGroups
We also thank MIT for the use of their facilities.

Valid HTML 4.01! Valid CSS!

Boston Linux & Unix /