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in theory
Posted on: August 1, 2017 at 15:47:25 CT
Joeboo MU
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if you're willing to spend 10s of millions on computers and the insane upkeep to power them 24/7 working at 100% capacity, you might make some money.
That's why every time a "new" cryptocurrency starts to catch on, home enthusiasts jump on the bandwagon quick.
You want to be the guy in at the ground level when you can still make 1 currency unit with your home computer in a reasonable amount of time.
At this point, it is not feasible for a home user to mine Bitcoins, they are too widespread. You'd need hundreds, if not thousands of computers at this point to make significant progress mining bitcoins.
ITs funny to watch the effects of new cryptocurrencies on the PC market. Some currencies are more effective being "mined" on certain specific pieces of hardware...one brand of CPU over another, or one brand of Video card over another. The flavor-of-the-month cryptocurrency will cause massive spikes in the sale of certain lines of hardware.
Like for the last few months, AMD brand video cards have been very difficult to obtain, crypto miners are buying them en masse, there's none available anywhere. AMD cant make them fast enough.
That's why every time a "new" cryptocurrency starts to catch on, home enthusiasts jump on the bandwagon quick.
You want to be the guy in at the ground level when you can still make 1 currency unit with your home computer in a reasonable amount of time.
At this point, it is not feasible for a home user to mine Bitcoins, they are too widespread. You'd need hundreds, if not thousands of computers at this point to make significant progress mining bitcoins.
ITs funny to watch the effects of new cryptocurrencies on the PC market. Some currencies are more effective being "mined" on certain specific pieces of hardware...one brand of CPU over another, or one brand of Video card over another. The flavor-of-the-month cryptocurrency will cause massive spikes in the sale of certain lines of hardware.
Like for the last few months, AMD brand video cards have been very difficult to obtain, crypto miners are buying them en masse, there's none available anywhere. AMD cant make them fast enough.
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in theory - Joeboo MU - 8/1 15:47:25