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not totally true

Posted on: December 7, 2017 at 11:04:50 CT
BeakerHater MU
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you would have to buy an ASIC though. CPU/GPU mining is useless.

Edit: I have Antminer S9 which is an ASIC. All-in cost of $1475 and making $20-$30 / day, after electricity. ROI is about 2 months, right now.

Edited by BeakerHater at 11:06:51 on 12/07/17
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MESSAGE THREAD

Don't understand the Bitcoin mining thing - Diamond Dave MU - 12/7 10:04:41
     Just got a bitcoin miner - BeakerHater MU - 12/7 10:34:47
          home-based bitcoin mining is useless now - Joeboo MU - 12/7 10:59:26
               not totally true - BeakerHater MU - 12/7 11:04:50
          a safer bet would be to invest in companies like AMD, the - KCT-BoneTiger MU - 12/7 10:35:50
               if you invested $100 in AMD a year ago, you'd have $88 today - phrejd MU - 12/7 10:56:37
                    Because bitcoin mining is a blip on their radar - Grasslands MU - 12/7 10:57:43
               Meh...safer yes but some of that is already baked into the - BeakerHater MU - 12/7 10:38:05
     forget bitcoin, buy Ethereum or Lightcoin - KCT-BoneTiger MU - 12/7 10:27:18
          nobody should ever listen to your financial advice. ever. (nm) - phrejd MU - 12/7 10:46:07
          Ethereum is a totally different use case from - BeakerHater MU - 12/7 10:36:44
          Would definitely recommend ethereum(nm) - TheShoe STL - 12/7 10:33:44
          How's Teldar Paper doing?(nm) - Fred G. Sanford USA - 12/7 10:33:17
     There was a Big Bang Theory show about Bitcoin - Fred G. Sanford USA - 12/7 10:23:49
          I bet it was hilarious(nm) - dangertim MU - 12/7 10:26:27
               Yes. Sorta, well - Fred G. Sanford USA - 12/7 10:28:33
     ill do u one better - SEC_BIG_GAMEHUNTER SEC - 12/7 10:17:05
     Nope(nm) - TheShoe STL - 12/7 10:14:40
          Then elaborate - Diamond Dave MU - 12/7 10:15:24
               You are mining for bitcoin transactions - TheShoe STL - 12/7 10:25:07
     I don't get it either. It's some kind of Matrix thing. - Nebraska99 STL - 12/7 10:07:15
          Saw where somebody bought a Pizza in 2010 in NYC - TheWildcat STL - 12/7 10:12:07
               Probably a meat lovers, extra meat. nm - Nebraska99 STL - 12/7 10:25:20




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