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JUST A SERIES OF RANDOM REVIEWS AND THOUGHTS BY A NORMAL (OK, SEVERELY ABNORMAL) UNEMPLOYED COLLEGE STUDENT.

Sunday, April 1, 2012

Bitcoins (2)

And to nobody's surprise, including mine. I have given up Bitcoin mining, at least for now. My GPU running at 16.5 Mhash/s made me a whopping 0.13472335 BTC which is about 62 cents in about 2 weeks. Maybe I'll get back into it when I get a better graphics card... probably not.

14 comments:

  1. Sound like it's not worth it. Waste of energy!

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    1. haha yeah it is. only worth it if you have a lot of high end GPUs and pay little for energy.

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  2. Tis seems like a waste of time to me as well man, sorry but it does.

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    1. iI agree. even though I really didn't have to do anything but open the mining program and click start i don't even know how much energy I've been using for it. Sure I made 62 cents but I probably ended up spending 3 bucks on energy.

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  3. It's strange. Only 62 cents? How are they count this?

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    Replies
    1. well my bitcoins * the exchange rate at the time
      I wrote this ($4.8) was 62 cents.

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  4. secretly plug it into someone elses house and hide it and leave it on :P

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  5. Yeh bitcoin mining sucks not worth the effort I think.

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  6. I've always wanted to get into bitcoin mining, but I've got no idea where to start.

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  7. I still don't get the point of Bitcoins when digital money has auto exchange rates anyway.

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  8. aww atleast you tried! didnt they used to be $11 per coin?

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  9. Bitcoin mining seems like a bit of a ripoff unless you really invest in it, getting decent equipment and whatnot.

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  10. This comment has been removed by the author.

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  11. Great blog man,seriously. Im checking for updates daily!

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