Business tip only for my HA friends - buY bitcoins

[natina]

Anyone try mining bit coins?
You get $350/month

10 servers x $350/month=$3500/month

[KelliBlueEyes]

Anyone try mining bit coins?
You get $350/month

10 servers x $350/month=$3500/month

Minus equipment costs and

Minus your electricity cost for running 10 servers full blast with the algorithm for a month. My understanding is that it's only profitable in places with very cheap electricity.

[natina]

With solar power electricity is cheap

Say 40kwatts are 120Kwatts to run servers.

Minus equipment costs and

Minus your electricity cost for running 10 servers full blast with the algorithm for a month. My understanding is that it's only profitable in places with very cheap electricity.

[GroobySteven]

With solar power electricity is cheap

Say 40kwatts are 120Kwatts to run servers.

LOL.

Look it up, if it was that profitable everyone would be doing it.

[Stavros]

Looks like Bitcoin is a worthless investment -

Bitcoin is a fraud that will ultimately blow up, according to JP Morgan boss Jamie Dimon, who said the digital currency was only fit for use by drug dealers, murderers and people living in places such as North Korea.

Speaking at a conference in New York, the boss of America’s biggest bank said he would fire “in a second” anyone at the investment bank found to be trading in bitcoin. “For two reasons: it’s against our rules, and they’re stupid. And both are dangerous.”
He added: “The currency isn’t going to work. You can’t have a business where people can invent a currency out of thin air and think that people who are buying it are really smart.

Whole of the article is here- (and widely reported in the media)
https://www.theguardian.com/technolo...y-drug-dealers

[Ts RedVeX]

Here's what happens to bitcoin when natina runs the 120kW server in the attic xd

[chupapau]

Anyone want to buy mine?

Sure, just send them to my Whatsapp, I'll telegram you the cash. After all, what could possibly go wrong with something completely virtual?!

[Dudedude12345]

I highly recommend using coinbase, its a service similar to PayPal that can let you commerce in either Bitcoin or in local currency.

[natina]

1 BTC = $1492.87

Originally Posted by Google Expert
This is correct. The price is still going to rise up significantly. I expect around $2500 in the next year-two.

Bitcoins took a big loss this month

[natina]

Here's what happens to bitcoin when natina runs the 120kW server in the attic xd

Excess voltage, excess current, excess wattage, high Jule, high temperature and more can cause an issue