Bitcoin Forum

Other => CPU/GPU Bitcoin mining hardware => Topic started by: joshbb on April 17, 2013, 06:11:31 AM



Title: Looking for miner in LA/SF for bbc news film "with an elaborate rig".
Post by: joshbb on April 17, 2013, 06:11:31 AM
Heya, I created the LA bitcoin meetup and I got an email from a guy today:

"Hi - I am a journalist with BBC News looking to film someone with a Bitcoin mining rig who can explain a bit how it works. Are you a miner? Do you know anyone with an elaborate mining rig in LA or the Bay Area?"

I'm not really much of a miner myself, but if you fit this description and are interested, pm me!


Title: Re: Looking for miner in LA/SF for bbc news film "with an elaborate rig".
Post by: Stephen Gornick on April 17, 2013, 06:26:01 AM
Are you a miner? Do you know anyone with an elaborate mining rig in LA or the Bay Area?"

Well, there was a fair amount of GPU mining in the SoCal area but as "halving day" approached nearly all the ones I'm aware of or have heard from have sold off their hardware.   The cost of electricity in SoCal is high enough that almost nobody was expecting GPUs could still be profitable for mining.  I'm not aware of any miners in the area with an ASIC to show off.  

There also seems to be a reluctance to admit to any significant amount of mining capacity.  I get it ...  nobody advertises how much gold and silver they have nor that they have coffee cans of it buried in the back yard either.  

So, ... there might be the requirement that the reporter not name names and pixelize/alter faces and voices.


Title: Re: Looking for miner in LA/SF for bbc news film "with an elaborate rig".
Post by: pheaonix on April 17, 2013, 07:05:26 AM
try to determine how they are going to spin it before you agree


Title: Re: Looking for miner in LA/SF for bbc news film "with an elaborate rig".
Post by: Stephen Gornick on April 17, 2013, 07:39:53 AM
try to determine how they are going to spin it before you agree

Good point.    After that Bloomberg $150,000/day in electricity nonsense (which has been refuted, with the real number being more likely under $50K and dropping quickly thanks to ASIC), portraying bitcoin the way bubbleboy sees it is one likely aim:

in this scenario mining of bitcoins would suck a full 5 to 15% percent of the national electricity production, depending on the capital ratio.

I don't want to split hairs, but if the sheer order of magnitude of these numbers don't concern you, then you might suffer from the modern day version of the gold fever. There's just about no chance in hell a democratic society will allow such a behemoth to live (only to be subjected to the feudal whims of the early adopters that happened to be in the right forum 20 years ago, I might add).


Title: Re: Looking for miner in LA/SF for bbc news film "with an elaborate rig".
Post by: joshbb on April 17, 2013, 07:44:15 AM
Yeah, I think the media is overly-fascinated by the mining aspect of bitcoin ("print money with your computer") and imagine that everybody is doing it, whereas the reality now is probably pretty different.

I guess I'll see if anybody contacts me!


Title: Re: Looking for miner in LA/SF for bbc news film "with an elaborate rig".
Post by: zedicus on April 17, 2013, 08:31:14 AM
Yeah, lets all bring a camera over and check out your rigs, !!

Next day on the news:  Film crew robs bitcoin miner at the end of interview! 


Noice fpga.. i can dig it..!! 



/facepalm