[Cialug] Bitcoin mining

[Dave Hala]

If you watch the sales you can buy solar PV panels for between 30 to
75 cents a watt.  You could make something cost effective if you don't
tie it to the grid.

:



On Thu, Dec 11, 2014 at 12:51 PM, Lee Henderson <leemhenderson at gmail.com> wrote:
> I love it! A junk mail fueled alternative energy powered Bitcoin mining
> data center.
>
> Jeffrey, there are some examples of solar and wind powered mining
> operations. However they are generally small in scale and the initial
> investment would wipe out any profits. Those who are generating profit had
> existing sources in place.
>
> On Thu, Dec 11, 2014 at 11:42 AM, David Champion <dchamp1337 at gmail.com>
> wrote:
>
>> You can make biomass bricks from scrap paper, junk mail, etc. I'm guessing
>> it doesn't smell very good.
>> Example:
>>
>> https://www.youtube.com/watch?v=2aLZ88_DZz8
>>
>> -dc
>>
>> On Thu, Dec 11, 2014 at 11:38 AM, Dave Hala <dave at 58ghz.net> wrote:
>>
>> > I had considered burning junk mail. Given the amount I already get, it
>> > would be fairly easy to get even more delivered to my house for free.
>> >
>> > :) Dave
>> >
>> > On Thu, Dec 11, 2014 at 11:29 AM, Matthew Nuzum <newz at bearfruit.org>
>> > wrote:
>> > >
>> > >> On Dec 11, 2014, at 11:14 AM, Lee Henderson <leemhenderson at gmail.com>
>> > wrote:
>> > >>
>> > >> As I haven't purchased or researched new miners in months (that might
>> as
>> > >> well be years in the Bitocin world) I won't give any recommendations
>> on
>> > >> what to buy.Though even a 1 TH/s miner would yield little
>> profitability
>> > >> under current conditions. The difficulty is simply too high, the BTC
>> > price
>> > >> is too low and power costs catch up quick.
>> > >>
>> > >> Here is the most realistic calculator I've personally used.
>> > >> https://tradeblock.com/mining/
>> > >>
>> > >
>> > > Yet another case where time-travel would be awesome. :-)
>> > >
>> > > Though your comment about free electricity makes me think of an idea
>> > I've been working on where house-hold waste could be used to power an
>> > electrical generator. (no, not a Mr. Fusion) However, my idea involves
>> > creating ethanol which, as it turns out, is heavily regulated for some
>> > crazy reason.
>> > > --
>> > > Matthew Nuzum
>> > > newz2000 on freenode, skype, linkedin and twitter
>> > >
>> > >
>> > > ♫ You're never fully dressed without a smile! ♫
>> > >
>> > > _______________________________________________
>> > > Cialug mailing list
>> > > Cialug at cialug.org
>> > > http://cialug.org/mailman/listinfo/cialug
>> > _______________________________________________
>> > Cialug mailing list
>> > Cialug at cialug.org
>> > http://cialug.org/mailman/listinfo/cialug
>> >
>> _______________________________________________
>> Cialug mailing list
>> Cialug at cialug.org
>> http://cialug.org/mailman/listinfo/cialug
>>
> _______________________________________________
> Cialug mailing list
> Cialug at cialug.org
> http://cialug.org/mailman/listinfo/cialug