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chungenhung
Legendary
 Offline
Activity: 1134
Merit: 1005
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October 29, 2012, 04:20:21 PM |
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it can work, if you have access to that, and don't need to pay electric.
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Jack1Rip1BurnIt
Sr. Member
Offline
Activity: 350
Merit: 250
Trust me, these default swaps will limit the risks
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October 29, 2012, 04:33:44 PM |
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Holy crap we found the motherload!
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Successful trades with bels, misterbigg, ChrisNelson, shackleford, geniusboy91, and Isokivi.
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Stephen Gornick
Legendary
Offline
Activity: 2506
Merit: 1010
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October 29, 2012, 09:01:04 PM
Last edit: October 30, 2012, 01:31:42 AM by Stephen Gornick |
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[Edit: Oops, reply for another thread ended up here. Too many tabs open, thx P_Shep. ]
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P_Shep
Legendary
Offline
Activity: 1795
Merit: 1198
This is not OK.
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October 29, 2012, 09:42:22 PM
Last edit: October 31, 2012, 12:55:53 AM by P_Shep |
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GPU's can still work... Survey says no. ... I think someone just made a blind, massive assumption. Hmmmm? |
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dirtycat
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October 29, 2012, 10:13:45 PM |
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holy crap cray is still around I thought they burned up and sunk in the depths of bankruptcy and closed its doors completely.
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poop!
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michaelmclees
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October 29, 2012, 10:19:46 PM |
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Maybe you can buy all their old GPU's on the cheap?  |
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C10H15N
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October 29, 2012, 10:51:38 PM |
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holy crap cray is still around?
Not really  Cray Inc. is an American supercomputer manufacturer based in Seattle, Washington. The company's predecessor, Cray Research, Inc. (CRI), was founded in 1972 by computer designer Seymour Cray. Seymour Cray went on to form the spin-off Cray Computer Corporation (CCC), in 1989, which went bankrupt in 1995, while Cray Research was bought by SGI the next year. Cray Inc. was formed in 2000 when Tera Computer Company purchased the Cray Research Inc. business from SGI and adopted the name of its acquisition. http://en.wikipedia.org/wiki/Cray |
Only when the tide goes out do you discover who's been swimming naked. -Warren Buffett
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crazyates
Legendary
Offline
Activity: 952
Merit: 1000
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October 30, 2012, 01:09:42 AM |
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I think someone just made a blind, massive assumption. Hmmmm?
I think so LOL |
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Starlightbreaker
Legendary
Offline
Activity: 1764
Merit: 1006
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October 30, 2012, 04:28:43 AM |
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dat shit cray.
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bitboyben
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October 30, 2012, 05:43:23 AM |
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I'd rather have a million RPis, you know cuz the money goes to the kids...
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Why did I sell at $5! Come back to me my old bitcoin! 1GjeBGS4KrxKAeEVt8d1fTnuKgpKpMmL6S
If you don't like the price of BTC come back in 8 hours.
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HDSolar
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October 30, 2012, 02:20:32 PM |
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Don't you all realize this is the government attempt to control bitcoin, they are taking over Love that graphic on the front, must have cost a bunch just for that. |
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davidspitzer (OP)
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October 30, 2012, 08:47:55 PM |
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I think someone just made a blind, massive assumption. Hmmmm?
I think so LOL I think someone was making a joke and you took it too seriously |
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Stephen Gornick
Legendary
Offline
Activity: 2506
Merit: 1010
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October 30, 2012, 09:33:08 PM
Last edit: October 31, 2012, 12:04:04 PM by Stephen Gornick |
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I think someone was making a joke and you took it too seriously
Ya I goofed. I had several tabs open and was compiling a response to another thread (roughly same topic, asking about "supercomputer" for mining) and posted that response here in this thread. I hadn't even yet read the link from this post as a result. That would make a hell of a mining rig. It will hash nearly 10% of all Bitcoin mining capacity at this point ... so about $7,500 USD worth of bitcoins generated each day! |
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DoomDumas
Legendary
Offline
Activity: 1002
Merit: 1000
Bitcoin
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October 31, 2012, 01:20:50 AM |
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Don't you all realize this is the government attempt to control bitcoin, they are taking over Love that graphic on the front, must have cost a bunch just for that. They need 15 of them just to be able to obtain 51% of the Bitcoin network actual power  I'm I wrong if I say that the BTC Total cumputing power is by far bigger than the top 10 world's fastest supercomputer add togheter ? |
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davidspitzer (OP)
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October 31, 2012, 05:53:15 PM |
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I think someone was making a joke and you took it too seriously
Ya I goofed. I had several tabs open and was compiling a response to another thread (roughly same topic, asking about "supercomputer" for mining) and posted that response here in this thread. I hadn't even yet read the link from this post as a result. That would make a hell of a mining rig. It will hash nearly 10% of all Bitcoin mining capacity at this point ... so about $7,500 USD worth of bitcoins generated each day! I dont think I would love to pay the power bill though  |
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Gomeler
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October 31, 2012, 11:25:25 PM |
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It consumes ~9 megawatts to achieve its performance record. That's a bit of a bill to pay.
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jojo69
Legendary
Offline
Activity: 3164
Merit: 4345
diamond-handed zealot
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October 31, 2012, 11:31:59 PM |
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we still outhash it
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This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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Stephen Gornick
Legendary
Offline
Activity: 2506
Merit: 1010
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October 31, 2012, 11:32:20 PM |
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It consumes ~9 megawatts to achieve its performance record. That's a bit of a bill to pay.
That must be including for cooling. That's more than $20,000 per day (using average U.S. commercial rates near $0.10 per kWh). To earn $7.200 worth of bitcoins. That answers that question. |
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crazyates
Legendary
Offline
Activity: 952
Merit: 1000
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November 01, 2012, 05:07:26 AM |
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It's not unknown that Nvidia cards don't even pay for their own electricity. I dont know why this would change just because you're mining with 18 thousand Nvidia GPUs.
Side note: I HIGHLY doubt they're paying 10c/KWh. I would be surprised if they're paying more than half that.
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