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Author Topic: [2013-11-25] "Unbelievable power 100 BTC per day"  (Read 1872 times)
LiteCoinGuy (OP)
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November 25, 2013, 08:51:45 PM
Last edit: November 25, 2013, 10:06:25 PM by LiteCoinGuy
 #1

found this very interesting article in the Litecoin-Forum. you should visit Smiley

Unbelievable power 100 BTC per day

When I am visited Hongkong today, saw a green container truck at a square near Wan Chai area, the door is open, there are 2 cartoon tiger dressed people handed a DM to me: welcome to visiting our ASICMINER container miner farm! I was attracted to step into the container, with soft music around, I saw some one meter high transparent glass tanks, with 1/3 the depth of the liquid inside,soaking the numerous green PCB board, silent boiling and bubbling. Each glass tank have its own copper pipes, and connect to a small cooling machine. Steam condensed liquid in the above,occasionally, a drop down. LED lights are in the flashing constantly, which bring a lively active feeling.



https://forum.litecoin.net/index.php/topic,7879.new.html#new

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BTCLuke
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November 26, 2013, 01:30:33 AM
 #2

Why in the heck was that posted to the litecoin forum??  Undecided

That was amazing... That new submerged datacenter tech is right out of scifi... He'll make quite a few coins.  Angry

Luke Parker
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November 26, 2013, 03:04:32 AM
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That is incredible!

LiteCoinGuy (OP)
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November 26, 2013, 11:15:44 AM
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Why in the heck was that posted to the litecoin forum??  Undecided

That was amazing... That new submerged datacenter tech is right out of scifi... He'll make quite a few coins.  Angry

yes, amazing story.

why posted in the litecoin-forum? maybe he is a litecoin guy  Smiley ?  (but the guy on the photo isnt me  Cheesy )

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November 26, 2013, 05:37:29 PM
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Here people laugh at bitcoin, there someone is mining them in a professional way. That basically tell us the future

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November 26, 2013, 05:39:16 PM
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Here people laugh at bitcoin, there someone is mining them in a professional way. That basically tell us the future

I think buying mining equipment is no longer practical. I think you need more capital, where you can produce your own chips at cost.

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November 26, 2013, 05:55:06 PM
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I think buying mining equipment is no longer practical. I think you need more capital, where you can produce your own chips at cost.

I agree.  At this stage, it's best to leave bitcoin mining to the professionals and to just own shares that get paid dividends from mining profits.  As an AM shareholder, I'm sure hoping this venture is successful.

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."   - Henry Ford
freet0pian
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November 26, 2013, 10:09:43 PM
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I think buying mining equipment is no longer practical. I think you need more capital, where you can produce your own chips at cost.

I agree.  At this stage, it's best to leave bitcoin mining to the professionals and to just own shares that get paid dividends from mining profits.  As an AM shareholder, I'm sure hoping this venture is successful.

Leave the bitcoin mining to a few professionals? Isn't that a possible health issue for the blockchain?

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shawshankinmate37927
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November 26, 2013, 10:22:25 PM
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I think buying mining equipment is no longer practical. I think you need more capital, where you can produce your own chips at cost.

I agree.  At this stage, it's best to leave bitcoin mining to the professionals and to just own shares that get paid dividends from mining profits.  As an AM shareholder, I'm sure hoping this venture is successful.

Leave the bitcoin mining to a few professionals? Isn't that a possible health issue for the blockchain?

Not if they have multiple mining farms in different bitcoin-friendly jurisdictions around the world.  Free markets work.

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."   - Henry Ford
markjamrobin
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November 26, 2013, 10:37:25 PM
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I think buying mining equipment is no longer practical. I think you need more capital, where you can produce your own chips at cost.

I agree.  At this stage, it's best to leave bitcoin mining to the professionals and to just own shares that get paid dividends from mining profits.  As an AM shareholder, I'm sure hoping this venture is successful.

Leave the bitcoin mining to a few professionals? Isn't that a possible health issue for the blockchain?

As long as vigilant users make sure they are working in the interests of the network, then it should be fine.

LiteCoinGuy (OP)
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November 27, 2013, 07:23:43 PM
 #11

i think we are here at a early medium stage of professionalism in bitcoin mining. cant imagine what happens in 3-5 years  Shocked

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