• There has been a recent cluster of spammers accessing BARFer accounts and posting spam. To safeguard your account, please consider changing your password. It would be even better to take the additional step of enabling 2 Factor Authentication (2FA) on your BARF account. Read more here.

bitcoins

Smash Allen said:
That’s the problem with back of the envelope math, not enough room for all the variables :p

My rig is on 24/7 already for work and my rates are shared with housemates. I can work remotely on the rig as it is mining and only lose around 10% hashrate

If I wanted some cash flow I could just charge more than $450 a month in rent, but that’s beyond the point

With an i5 and gtx 970 I was able to use idle resources to generate income. Pretty cool
Click to expand...
So what you're saying is that you're socializing costs and capitalizing gains? Got it! :laughing :twofinger
 
Smash Allen said:
My rig is on 24/7 already for work
Click to expand...

If, as you say it is so you can log in remotely, as it is idling waiting for a connection (i.e., most of the time), the CPU and GPU clock down to near-sleep energy consumption levels. Get a Kill a Watt meter and see for yourself if you don't believe me. Or just measure the heat levels coming out of the box idling vs. mining. Heat is energy.

So then, the mining unquestionably does cost money, and probably pretty close to my estimate, since newer systems are pretty energy efficient when idling.

and my rates are shared with housemates.
Click to expand...

Are they cool with subsidizing your mining operation? If so, I'll be by later with a couple of racks of servers. :laughing

I can work remotely on the rig as it is mining and only lose around 10% hashrate
Click to expand...

Which means your work doesn't tax the system much. Which means it isn't clocking up to peak energy consumption. Which supports my theory.

If I wanted some cash flow I could just charge more than $450 a month in rent, but that’s beyond the point
Click to expand...

Well, by making that $45, you are spending close to sixty bucks, but they're paying part of it, so in effect, you are charging them more. :twofinger

Look, I'm not saying that it isn't cool that you can make a few bucks mining, but you're kidding yourself if you think it is free.
 
You are right, it was technically incorrect to say I am getting shares of Ford for free

I don’t have a heater, though. So I guess you could say I am also trading warmth for coins. True capitalist!
 
Smash Allen said:
You are right, it was technically incorrect to say I am getting shares of Ford for free

I don’t have a heater, though. So I guess you could say I am also trading warmth for coins. True capitalist!
Click to expand...
Oh, I think we already established that when we learned you were socializing the expenses. :laughing :twofinger
 
explorin said:
you guys talking about paying taxes to the government make me laugh. do you really expect anyone truly invested in crypto-currency to pay there correct share of taxes to the US government? crypto-currency is suppose to under mine the federal government. thats part of the plan. why give the government a tax and interest free loan every year and in return get nothing that helps you? do crappy roads, and horrible health insurance rates make you feel better paying your taxes? i hope not. the government needs to fear the public. un-regulated crypto currency will help
Click to expand...

agentsmith.jpg


Meanwhile... cryptocurrency IS the government. The joke's on you Jack.
 
In the time it takes for a response Holy shit butcoin cash went from $2000 to $8000 and back down WHAT IS GOING ON
 
Last edited:
Smash Allen said:
In the time it takes for a response Holy shit butcoin cash went from $2000 to $8000 and back down WHAT IS GOING ON
Click to expand...

Sec stopped trading of btc till Jan 3rd and a few hours later coinbase goes public with bch for trade....

Love unregulated stuff!
 
900ss said:
Who bought ammo at the last minute?


Sorry.
Click to expand...

Bought 12ga, 22lr and 7.62x39 throughout the year. I reload for seven others. Really sucks the new law and many, like 95% californians, have no clue :(
 
You must log in or register to reply here.
Back
Top