[Cialug] Bitcoin mining

[Kenneth Younger]

https://bitcoinwisdom.com/bitcoin/calculator

Not worth it.

On Wed, Dec 10, 2014 at 6:25 PM, Matt Stanton <matt at itwannabe.com> wrote:

> That thing would have made you a lot of money...
>
> ... back when bitcoin mining ASIC first hit the market.
>
> Now that this mining rig has been on the market long enough to be put in a
> Shell Shocker deal, there have been enough of them and other ASIC miners to
> raise the bitcoin mining difficulty to such a level that you can no longer
> pay one of these (and the electricity you pump through it) off with the
> bitcoins you mine.
>
> -- Matt (N0BOX)
>
>
> On 12/10/2014 06:17 PM, nickdoud Doud wrote:
>
>> With New Egg 1 PM Shell Shocker today:
>> http://www.newegg.com/Special/ShellShocker.aspx?cm_sp=Homepage_SS-_-P3_
>> 9SIA68020W5714-_-12102014
>> http://www.bitcrane.com/goods.php?id=1
>> BITCOIN MINER T-110 for $600 I did some looking at the data
>>   http://www.bitcoinx.com/profit/
>>   I see this Linux based box can make some money $$$ thought I would ask
>> the group if anyone has any additional comments on this quick money making
>> hardware.
>>   Nick
>>
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> --
> Kenneth Younger III
> Founder, Sheer Focus Inc.
> e: kenny at sheerfocus.com
> p: (515) 367-0001
> t: @kenny <http://twitter.com/kenny>
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