Is your gaming PC paying for itself mining crypto-currency?

>>378097303
if you mine btc on a gpu you are fucking retarded

>>378097303
how does one mine crypto-currency?

>>378097523
BTC is not the only digital currency out there. BTC encryption has become so complicated that it's not profitable but services like Nice Hash let you mine lesser currencies and payout in BTC.

Just made $5.50 today after power costs.

>>378098158
What are you mining exactly?

I've never understood what these things are. What do you mine, exactly and who's paying for these things? Why are they paying for them?

>>378098223
Console gamer tears

>>378098352
You whore out your PC to the cloud to do transaction processing

>>378098497
Is there any reason not to do it?

File: 1480019090520.png (188KB, 330x319px) Image search: [Google]

188KB, 330x319px

>>378098380
Cuz it sure isn't games

File: 1495479128455.png (630KB, 624x900px) Image search: [Google]

630KB, 624x900px

Is this shit even legal? I have no clue how any of this works. It sounds too good to be true.

>>378098638
Electricity bills, hardware wear and having a box pump out excess heat and noise 24/7.

>>378099185
Makes sense. Maybe one day when I have a more ideal setup to run this. Thanks for sharing anon.

>>378099132
Many people just cloud rent their PC for computational tasks
I have two 1080s and my PC gets used by the research department every now and then at ohio state for number crunching. They use thousands of PCs at once. Of course they let you know ahead of time when it's going to be used

>>378099132
OP's essentially using his computing power to process and verify transactions for cryptocurrency networks, and the system rewards him by regularly paying out a small amount of said currency. This can be exchanged to USD through speculators trying to make a quick buck by juggling around cryptocurrencies.

>>378099452
How do you even get them to contact you to rent your rig?

>>378099939
bump

>>378097303
Remember time bitcoin goes millon dollars everybody.

>>378098380
zez

>>378097303
How do I actually do this and how could it affect my hardware?
I'm interested, but if it's gonna make my pc a flaming ball of doom, them no
Also, how do I spend what I farm?