freshly mowed grass

[X11_FPGA]

Electricity will cost more than you'll be able to mine.

[ensurance982]

Just curious, did you read some very out-dated tutorial in bitcoin mining?

I wonder why all those sites haven't been updated in such a long time. There are still tutorials about GPU-mining and FPGAs are the latest craze! Also, BFL and Mt. Gox mentions everywhere.

[KloseT]

Just curious, did you read some very out-dated tutorial in bitcoin mining?

I wonder why all those sites haven't been updated in such a long time. There are still tutorials about GPU-mining and FPGAs are the latest craze! Also, BFL and Mt. Gox mentions everywhere.

someone googles it, they want the traffic..

[RodeoX]

Unless your computer looks like this...



I would forget about mining. As pictured above, bitcoin mines are now reaching industrial scale.

[ajw7989]

Mining is useless now on a computer. Not only will it cost more in electric but the wear and tear you will place on your computer will cost you as well. If you want to mine buy an asic miner otherwise just buy bitcoins from a service like localbitcoins

[humble77]

Technically It's possible to mine but this kind of mining would bring you loss and no profit, get asics if you want to mine and in overall I wouldn't mine BTC, only experience people can still make profit from mining.

[indiguy]

How much can you earn with Asic Device and which coin do we mine?
I've tried to contact a person who sells Antminer S1 in our town and I guess I could use it to mine some coins.

[ensurance982]

Unless your computer looks like this...



I would forget about mining. As pictured above, bitcoin mines are now reaching industrial scale.

Where is that picture coming from? Which mining farm does it show and what's their hash rate? Looks mezmerizing

[ranochigo]

Unless your computer looks like this...



I would forget about mining. As pictured above, bitcoin mines are now reaching industrial scale.

Where is that picture coming from? Which mining farm does it show and what's their hash rate? Looks mezmerizing

It is from a news which covered bitcoin. They actually went inside the mining datacenter. It is owned by megabigpower.com. They are located at north America and their hashrate should be about 6 PH.

[yayayo]

Unless your computer looks like this...



I would forget about mining. As pictured above, bitcoin mines are now reaching industrial scale.

Where is that picture coming from? Which mining farm does it show and what's their hash rate? Looks mezmerizing

It is from a news which covered bitcoin. They actually went inside the mining datacenter. It is owned by megabigpower.com. They are located at north America and their hashrate should be about 6 PH.

Wow! Is the excess heat utilized in some form? They could heat a greenhouse or swimming pool with it.

Today, individual mining is only profitable in some altcoins and only if you've researched and planned it well.

ya.ya.yo!

[ensurance982]

Unless your computer looks like this...



I would forget about mining. As pictured above, bitcoin mines are now reaching industrial scale.

Where is that picture coming from? Which mining farm does it show and what's their hash rate? Looks mezmerizing

It is from a news which covered bitcoin. They actually went inside the mining datacenter. It is owned by megabigpower.com. They are located at north America and their hashrate should be about 6 PH.

That's pretty impressive! They could be best of by utilizing immersion cooling for their operation! But if they are located in Nothern America, I wonder if they're in Washington State. There are places where electricity is practically free. In that case they wouldn't even need to cut their costs by using immersion cooling!

[notlist3d]

Thanks for sharing picture.  I had not seen inside of the bitfurry one before.

[ensurance982]

Thanks for sharing picture.  I had not seen inside of the bitfurry one before.

Is this a bitfury mining farm? I thought this was a farm run by megabigpower.com... Are they maybe running bitfury equipment?

[Tammy Chan]

Just curious, did you read some very out-dated tutorial in bitcoin mining?

I wonder why all those sites haven't been updated in such a long time. There are still tutorials about GPU-mining and FPGAs are the latest craze! Also, BFL and Mt. Gox mentions everywhere.

someone googles it, they want the traffic..

You are right.
I just tried googling "buying bitcoin" and I am really surprised to see a site in page 1 still putting mtgox on the "top places" lol...

[DrG]

Try googling friedcat or AsicMiner and see how big their farm is.  They're sitting on 150PH/s worth of chips and trying to find buyers or they're just going to make miners themselves.

[Tammy Chan]

Unless your computer looks like this...



I would forget about mining. As pictured above, bitcoin mines are now reaching industrial scale.

Where is that picture coming from? Which mining farm does it show and what's their hash rate? Looks mezmerizing

It is from a news which covered bitcoin. They actually went inside the mining datacenter. It is owned by megabigpower.com. They are located at north America and their hashrate should be about 6 PH.

That's pretty impressive! They could be best of by utilizing immersion cooling for their operation! But if they are located in Nothern America, I wonder if they're in Washington State. There are places where electricity is practically free. In that case they wouldn't even need to cut their costs by using immersion cooling!

You can find the news article (together with a video) on that the following page.
http://www.komonews.com/news/local/Bitcoin-Modern-day-gold-rush-or-risky-investment-249577361.html

[EternalWingsofGod]

Unless your computer looks like this...



I would forget about mining. As pictured above, bitcoin mines are now reaching industrial scale.

That's a nice looking mining farm, does it cool with liquid can't tell much from those pictures
Still sexy

Oh thanks Tammy Chan (Kawaii namae)

His company, MegaBigPower, has invested over $1 million into two warehouses that feature hundreds of mining rigs running side by side on dozens of racks that stand seven feet high. It consumes 1.4 megawatts of power - enough to run a small town. It currently relies on huge fans circulating outside air to cool the rigs. During a recent visit, it was 30 degrees outside and 102 inside.

"I don't even know how many rigs we are running; we are expanding all the time," says Carlson. Each mining rig is valued between $5,000 and $6,000 and relies on the Bit Fury processor that has been custom-engineered to run the algorithm Bitcoin requires.

"The business plan was designed at $50 Bitcoin," says Carlson. With Bitcoin now trading near $650, that's quite a profit if it's converted into dollars.

[zhinkk]

As someone else mentioned, I'd kinda forget about mining. CPU/GPU mining is dead and the only way to mine is by either buying an ASIC or cloudmining (which again, I wouldn't really recommend).

[beitris.dwlul]

Do not mine on GPU, better buy BTC now as its cheap or get some ASIC 

[Jcstomp]

So I am new to bitcoin/mining.  Waiting for my first as ASIC miner to come in mail.  Not sure if this right topic or spot to ask, but have been researching and found that having your own dedicated server is best if you where to mine?... Understanding equipment cost +/- $k, but in this case I am currently living with my fiancé and parents who had a call center business not work out and currently own a Dell PowerEdge 2900 with 48g ram 6T SATA just sitting there for past year and a half  (also cage and racks in storage all server room equip.).  I guess question is (we have fam member that know how to setup and what not), is this the better route to go? or other means (pools or personal)?...I appreciate any feedback. Thank you.