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Wayne 962 Wayne 962 is offline
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Quote:
Originally Posted by red-beard View Post
What I suggested to my partners was to install a Bitcoin Mining rig and use the power (3.2 MW) for Bitcoin Mining. And this was back when Bitcoin was trading about $8000. The effective value for the power at Bitcoin $8K, using the equipment for sale at a reasonable price, was about 14 cents per kWh. We would have doubled our yearly revenue, which would have paid off the mining equipment in 7 months.
Interesting thread on this over on reddit: https://www.reddit.com/r/Bitcoin/comments/nzrzmo/this_portable_bitcoin_mine_is_eating_up_the/

There's lots of the same nonsense being spewed from the typical Bitcoin fanboys, but it's an interesting discussion that is actually a bit more balanced than usual.

-Wayne
Old 06-15-2021, 11:38 AM
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