| netritious | howdy | 15:58 |
|---|---|---|
| netritious | who's mining BTC? | 15:59 |
| twayneprice | netritious: It pretty much requires specialized hardware now. :( | 16:54 |
| twayneprice | I was only able to mine about 10,000. Just kidding. I wish. :) | 16:55 |
| wrst | twayneprice: you are my new best friend ;) | 17:19 |
| netritious | twayneprice: yeah i am looking into investing in said specialized hw | 18:44 |
| netritious | looks like i might have missed my chance by about six months | 18:45 |
| netritious | unless I want to lease out or go co-op | 18:48 |
| twayneprice | netritious: you can mine dogecoin with standard hardware, I think. | 19:07 |
| wrst | netritious: wish I had bought a lot of bitcoins when they first came out... | 19:10 |
| twayneprice | http://www.forbes.com/sites/ericmack/2013/12/23/the-bitcoin-pizza-purchase-thats-worth-7-million-today/ | 19:12 |
| wrst | wow | 19:17 |
| netritious | That's so sad... | 19:35 |
| netritious | twayneprice: I'm ok with not using standard hardware if the payout is big enough. I mean, whatever crunches numbers best is what I'm interested in. From everything I've read, the new 20nm ASIC tech is going to mine a good bit. | 19:40 |
| netritious | At this point it's "go big or go home" | 19:40 |
| netritious | I've also read that mining in a pool is better though. | 19:41 |
| netritious | heck idk, was just trying to find out if it's fool's gold or not. | 19:53 |
| twayneprice | netritious: I think basically you have to get the latest equipment and then it will be good enough for a couple of months and then you'll have to get more. I think it makes only slightly better than the cost of electricity, etc. Unless you can run an extension cord to your neighbors. :) | 20:10 |
| netritious | twayneprice: http://mining.thegenesisblock.com/ is pretty condemining. There aren't a whole lot of scenarios where solo mining provides a good ROI at least accoirding to that calculator. | 20:12 |
| netritious | *condemning | 20:13 |
| netritious | and *according lol | 20:13 |
| twayneprice | netritious: yup. Most join a group. I think you can go solo and make about $20/day with dogecoin, though. | 20:35 |
| twayneprice | http://twit.tv/show/know-how/74 | 20:36 |
| wrst | the digital jesuit didn't see that coming twayneprice :) | 21:05 |
| twayneprice | Ah yes. Father Robert. :) | 21:15 |
Generated by irclog2html.py 2.7 by Marius Gedminas - find it at mg.pov.lt!