[geeks] Question: how to profit from a Web-connected server

[Lionel Peterson]

He did - sort of...

http://arstechnica.com/gadgets/2013/06/how-a-total-n00b-mined-700-in-bitcoins
/

Lionel

On Aug 16, 2013, at 12:51 PM, Phil Stracchino <alaric at metrocast.net> wrote:

> On 08/16/13 11:57, Bill Bradford wrote:
>> On Fri, Aug 16, 2013 at 08:21:26AM +0000, microcode at zoho.com wrote:
>>>> I might make the equivalent of $10/day for the next couple of months
>>>> before more waves of even faster ASIC hardware hit the market and make
>>>> this stuff not worth the power it uses.
>>>
>>> So is this stuff worth paying for and throwing away? Is there anything
else
>>> you can do with it after mining becomes more expensive than it's worth?
>>
>> That's the bad side about ASICs - unless something else can be done with
>> double-SHA256 hashes, that's the only thing this hardware is good for.
>
> The thing I can't help but wonder is, who is actually *making money*
> from bitcoin mining?  Because I can't recall ever having talked to
> anyone who claimed to be actually making a net profit at it.
>
>
> --
>  Phil Stracchino, CDK#2     DoD#299792458     ICBM: 43.5607, -71.355
>  alaric at caerllewys.net   alaric at metrocast.net   phil at co.ordinate.org
>  Renaissance Man, Unix ronin, Perl hacker, SQL wrangler, Free Stater
>                 It's not the years, it's the mileage.
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