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Author Topic: When will miners stop mining with the price keep dropping?  (Read 3033 times)
Bitcoin_Silver_Supply
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August 03, 2011, 10:45:49 PM
 #21

You poor Americans. A bitcoin miner is a net temperature benefit for at least 7 months of the year in Soviet Canuckistan.
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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johnyj
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August 04, 2011, 12:28:55 AM
 #22

This will cause global warming and noise polution, what is that cost?

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August 04, 2011, 12:46:40 AM
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You poor Americans. A bitcoin miner is a net temperature benefit for at least 7 months of the year in Soviet Canuckistan.
I'm looking forward to not having to use my heat at all this winter.

I'll break even with my personal rigs at the $3 point, but I like the idea enough that I'll probably keep 800 Mhash/s at least up even if it goes below $1.
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August 04, 2011, 02:52:17 PM
 #24

You poor Americans. A bitcoin miner is a net temperature benefit for at least 7 months of the year in Soviet Canuckistan.

Yeah, as soon as this devil heat "summer" season ends, I will turn my mining rigs so the fans blow out of my basement, instead of out of the basement window, and go "Furnace? What furnace?"

VPS, shared, dedicated hosting at: electronstorm.ca. No bitcoin payment for that yet, but bitcoins possible for general IT, and mining/GPGPU rigs. PM for details.
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