Bitcoin mining

>>59711270
You probably won't make enough for it to be worth it.

>>59711270
you are 7 years too late.

>>>/biz/

>>59711270
>>>/biz/

>>59711270
Unless you've got money to buy tens of thousands of those devices, and create your own energy for said devices. It's time to give up that dream.

And if you do have that much money. I need $5000. Its for charity.

>>59711302
>>59711383

Well, I'm reading claims that one device which costs $500 for example produces about 0.16 bitcoins a month which is $243 CAD. If I can find an all-inclusive apartment where I just pay rent, not a separate hydro bill then I make a 100% profit margin and the device would pay for itself after a few months. A nice little supplement to my income.

Unless there's something I'm not being told, why wouldn't this work?

The other issue is just my technical skill. Are they hard to set up? That's why I'm here and not /biz/, I want more detailed knowledge about the hardware too.

>>59711416
Is the article 5 years old? There's no way you'd make that much in a month on a $500 rig

>>59711689
This, the mining boat left a long time ago.

They only way for it to be somewhat rentable nowadays is to externalize the computation to unsuspecting third parties. Lots of then.

>>59711689
Ah I see, oh well R.I.P. my dream of becoming a bitcoin miner. Thanks for informing me. Sage.

>>59711270
Hey, you can still try with meme cryptocurrencies. Litecoin is different to mine, can't be done on FPGA. Also there are many projects like Ethereum, Anoncoinsometing or else. They have a small market, but are worth real money.

>>59711305
this
/thread