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Bitcoin Mining
Posted: Wed Feb 17, 2021 2:23 am
by Easydrinker
Now, there is a thing.
Had I started 20 years ago, I would now be rich. Then a Bitcoin was 8 cents, or lower
I can currently earn $8 a day for my resources, and a Bitcoin is $49,288.20.
Some things grow wings and fly.
But is it real and lasting?
Or the world going tits up?
Robert.
Re: Bitcoin Mining
Posted: Wed Feb 17, 2021 6:52 am
by Windoe
Easydrinker, being philosophical, is it better to have loved and lost, or never loved at all?
https://www.theguardian.com/uk-news/20 ... es-howells
Re: Bitcoin Mining
Posted: Wed Feb 17, 2021 7:08 am
by Windoe
Now the real challenge is to make a still that uses the waste heat of the mining computer.
Would you get alcohol or Bitcoin as the by product?
I suspect you would have to distill under a vacuum to lower the boiling point. Currently the electricity needed to mine a Bitcoin costs around £15,000. So if you were able to use most of the waste heat you could be awash with ethanol just to make one coin.
Full disclosure, I own just over 1/20 of a Bitcoin in the worlds biggest Ponzi scheme!
https://en.wikipedia.org/wiki/Ponzi_scheme
One day the world will wake up and see the emperor has no clothes!
Re: Bitcoin Mining
Posted: Wed Feb 17, 2021 11:44 pm
by Easydrinker
I would hate to be awash with ethanol!
Robert.