Bitcoin Forum
January 17, 2018, 05:31:16 AM *
News: Electrum users must upgrade to 3.0.5 if they haven't already. More info.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Stolen Elecricity  (Read 678 times)
Monster Tent
Full Member
***
Offline Offline

Activity: 238



View Profile
February 08, 2013, 09:25:15 AM
 #1

What percentage of the bitcoin network do you think comes from people siphoning off electricity ?

There has been quite a few people caught doing it here but I think its mainly related to the 40% rise in the cost of electricity due to the carbon tax.

1516167076
Hero Member
*
Offline Offline

Posts: 1516167076

View Profile Personal Message (Offline)

Ignore
1516167076
Reply with quote  #2

1516167076
Report to moderator
Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
koin
Legendary
*
Offline Offline

Activity: 874


View Profile
February 08, 2013, 09:39:56 AM
 #2

its mainly related to the 40% rise in the cost of electricity due to the carbon tax.

what  Huh
TECSHARE
Legendary
*
Offline Offline

Activity: 2394


Welcome to Bitcoin Stalk


View Profile
February 08, 2013, 05:03:39 PM
 #3

its mainly related to the 40% rise in the cost of electricity due to the carbon tax.

what  Huh

Price rises, utility company is on the lookout for theft, they catch more people stealing power. Not that confusing.

BITCOINTALK STAFF SELECTIVELY ENFORCE THE RULES IN AN ATTEMPT TO CREATE A CHILL EFFECT AND PERMANENTLY REMOVE ME AND OTHERS FROM THIS FORUM AS RETALIATION FOR SPEAKING OUT ABOUT THEIR ABUSIVE BEHAVIOR, AND THAT OF THEIR PERSONAL CLIQUES.
Parazyd
Hero Member
*****
Offline Offline

Activity: 602


Space Lord


View Profile WWW
February 08, 2013, 05:58:15 PM
 #4

Invest in solar panels. That's free electricity. Why steal?
Luno
Sr. Member
****
Offline Offline

Activity: 476


Current balance: 00$$/00BTC


View Profile
February 08, 2013, 06:00:36 PM
 #5

Invest in solar panels. That's free electricity. Why steal?

Steal solar panels. Thats even freer!


 
 
           ▄████▄
         ▄████████▄
       ▄████████████▄
     ▄████████████████▄
    ████████████████████      ▄█▄                 ▄███▄                 ▄███▄                 ▄████████████████▀   ▄██████████

  ▄▄▄▀█████▀▄▄▄▄▀█████▀▄▄▄     ▀██▄             ▄██▀ ▀██▄             ▄██▀ ▀██▄             ▄██▀                   ██
▄█████▄▀▀▀▄██████▄▀▀▀▄█████▄     ▀██▄         ▄██▀     ▀██▄         ▄██▀     ▀██▄         ▄██▀        ▄█▄          ▀██████████████▄
████████████████████████████       ▀██▄     ▄██▀         ▀██▄     ▄██▀         ▀██▄     ▄██▀          ▀█▀                        ██
 ▀████████████████████████▀          ▀██▄ ▄██▀             ▀██▄ ▄██▀     ▄█▄     ▀██▄ ▄██▀                                       ██
   ▀████████████████████▀              ▀███▀                 ▀███▀       ▀█▀       ▀███▀      ▄███████████████████████████████████▀
     ▀████████████████▀
       ▀████████████▀
         ▀████████▀
           ▀████▀
║║


║║
.
.

║║
██
║║
.
.

║║
██
║║
.
║║


║║
Parazyd
Hero Member
*****
Offline Offline

Activity: 602


Space Lord


View Profile WWW
February 08, 2013, 06:06:09 PM
 #6

One problem though... You can't mine at night  Grin
Luno
Sr. Member
****
Offline Offline

Activity: 476


Current balance: 00$$/00BTC


View Profile
February 08, 2013, 06:26:56 PM
 #7

One problem though... You can't mine at night  Grin

Though I joked about stealing solar panels, they won't work because of their payback time. When you have payed them off, in savings,  and start getting free electricity difficulty has risen and you have to invest in more mining gear and solar panels.

So instead of just having a payback time on your ASICS, you also have it on your power source, proportional power costs without money up front, from the wall, makes more sense!

So you have to steal solar panels to make them worth while.


 
 
           ▄████▄
         ▄████████▄
       ▄████████████▄
     ▄████████████████▄
    ████████████████████      ▄█▄                 ▄███▄                 ▄███▄                 ▄████████████████▀   ▄██████████

  ▄▄▄▀█████▀▄▄▄▄▀█████▀▄▄▄     ▀██▄             ▄██▀ ▀██▄             ▄██▀ ▀██▄             ▄██▀                   ██
▄█████▄▀▀▀▄██████▄▀▀▀▄█████▄     ▀██▄         ▄██▀     ▀██▄         ▄██▀     ▀██▄         ▄██▀        ▄█▄          ▀██████████████▄
████████████████████████████       ▀██▄     ▄██▀         ▀██▄     ▄██▀         ▀██▄     ▄██▀          ▀█▀                        ██
 ▀████████████████████████▀          ▀██▄ ▄██▀             ▀██▄ ▄██▀     ▄█▄     ▀██▄ ▄██▀                                       ██
   ▀████████████████████▀              ▀███▀                 ▀███▀       ▀█▀       ▀███▀      ▄███████████████████████████████████▀
     ▀████████████████▀
       ▀████████████▀
         ▀████████▀
           ▀████▀
║║


║║
.
.

║║
██
║║
.
.

║║
██
║║
.
║║


║║
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!