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

Subject: [Discuss] I believe bitcoins [1] (and bitcoin mining) are now officially "jumping the shark" [2]
From: richard.pieri at gmail.com (Richard Pieri)
Date: Thu, 30 Jan 2014 11:55:49 -0500
In-reply-to: <CAJFsZ=qpU4FL=R0wZDeSg570c79qK3pmdknVKcjTrSCM9D0A9g@mail.gmail.com>
References: <CAJFsZ=qpU4FL=R0wZDeSg570c79qK3pmdknVKcjTrSCM9D0A9g@mail.gmail.com>

Bill Bogstad wrote:
> NewEgg is offering a hardware combo deal targeted directly towards bitcoin
> mining.

Too little, too late. Bitcoin mining with a GPU today will cost you more 
for the electrical power than you will recoup from any coins mined. The 
serious miners moved to dedicated ASICs last summer for this reason.

-- 
Rich P.

References:
- [Discuss] I believe bitcoins [1] (and bitcoin mining) are now officially "jumping the shark" [2]
  - From: bogstad at pobox.com (Bill Bogstad)

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