GenTarkin
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Merit: 1002
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March 18, 2015, 10:42:41 PM |
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Umm... mining when the price shoots through the roof and the difficulty plummets after the mining reward halves to zero; but would still be profitable for those who stay plugged in. If BTC goes mainstream and there are millions of transactions a day, you'll see fees per block being $100+. Honestly, I still have a BFL 50 GH/s unit in a box for the future.
Price is never gonna go through the roof, sorry to burst ur bubble. Its never going mainstream. Its not trustless like claimed.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Evan
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March 20, 2015, 04:52:59 PM |
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When my Antminer C1's get old, I plan to use them to heat the swimming pool water.
Now this is a very good idea. If you get this working post a few photos. Need a sacrifice anode.... the chlorine water will be bad for your gear...
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I am poor, but i do work for Coin 1PtHcavXoakgNkQfEQdvnvEksEY2NvwaLM
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alh
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Activity: 1843
Merit: 1050
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April 17, 2015, 08:50:18 AM |
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Have you folks ever seen a "Take a whack at a car" for like $1. You get a baseball bat and each swing at the car costs you a $1 (or whatever). Kind of an aggression therapy deal. I'll bet there are some specific miners that could be useful. Some of the gear is pretty sturdy, and you could always charge more than $1 a swing. For example, a BFL Monarch looks pretty fragile, and wouldn't survive many whacks, but I'll bet some of the KNC gear could take a real beating. I'll also bet a BFL Single would survive a while. You'd have to organize your own local event, since I don't see a good way to organize this over the Internet. I'll also bet that you could charge more depending on the manufacturer. I think you could get top dollar for BFL gear in general.
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notlist3d
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Activity: 1456
Merit: 1000
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April 17, 2015, 12:52:09 PM |
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Some of them could make neat decoration. If you put up blades in your mining area, or unique parts.
Would be fun to have all the old parts on the wall. And if you can get leds to light up on blades and such would be even neater.
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GigaBit
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April 18, 2015, 10:09:15 PM |
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Can I use an old ASIC Bitcoin miner for other applications? For example, quickly reindexing the blockchain on my computer? Or quickly hashing every file on my hard-drive?
(I really wonder if the hard-drive could even supply the data to the miner fast enough, and the computer's CPU would probably have to be involved, translating the data for the miner, so that would be a bottleneck…)
I live in Canada... my miners heat up my entire office in colder months (until May or June) During the summer, not much else than mine and dry out my office & garage. I also used it to dry wood and other things, they make great dehumidifiers. As a matter of fact, they do not remove the moisture, but dry the crap out of it. Anything that needs heat and/or drying, Bitcoin miners excel at. Hope this helps...
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Phat Buzz Tart
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May 02, 2015, 03:13:33 PM |
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Nope. ASIC Bitcoin miners do one thing and one thing only: mine Bitcoin. ( and any other coin that uses the exact same mining parameters, algorithm, etc. )
Actually, and speaking from experience, old asic miners are excellent heaters, however, they consume a lot of electricity, so, it's up to you if you think it's worth it
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eretron
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May 08, 2015, 08:44:14 PM |
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Well, every kind of electric generated heat, uses a lot of energy... If you have electric heater that uses 1 KW, you could use 1KW of miners and get same heat generated, but with some bitcoin and noise as side product
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Geremia (OP)
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May 09, 2015, 05:31:11 AM |
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Well, every kind of electric generated heat, uses a lot of energy... If you have electric heater that uses 1 KW, you could use 1KW of miners and get same heat generated 1 kW miners produce the same amount of heat as a 1 kW space heater?
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Xialla
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Merit: 1000
/dev/null
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May 09, 2015, 08:19:12 AM |
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1 kW miners produce the same amount of heat as a 1 kW space heater?
ahh depends on efficiency of chip and something will be consumed by fans but generally yes, if you had 1kW input to some computer, you had 90% of it as "waste heat" anyway, difference is, that space heater is silent...ahh but not generating btc:)
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Searing
Copper Member
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Activity: 2898
Merit: 1459
Clueless!
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May 09, 2015, 08:33:04 AM |
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I have 2 knc titan miners 650.1mh for scrypt....the only thing I can tell you for sure is I knocked 35 bucks even off my budget each month last winter (Minnesota) from the previous years heating bill
but at 12c kwh elec price at 2500w you still lose as a space heater (but hey you need a space heater for the ice fishing shed or the garage this is the way to go)
I can hear it now...'no honey I'm not in the garage to avoid you ..and no I'm not wasting money on using electric heat...see I'm running the old asic miner for coin!"
(like that would work)
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Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
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notlist3d
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Activity: 1456
Merit: 1000
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May 09, 2015, 08:40:25 AM |
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I have 2 knc titan miners 650.1mh for scrypt....the only thing I can tell you for sure is I knocked 35 bucks even off my budget each month last winter (Minnesota) from the previous years heating bill
but at 12c kwh elec price at 2500w you still lose as a space heater (but hey you need a space heater for the ice fishing shed or the garage this is the way to go)
I can hear it now...'no honey I'm not in the garage to avoid you ..and no I'm not wasting money on using electric heat...see I'm running the old asic miner for coin!"
(like that would work)
If you have pictures of heating a ice fishing shead with an asic please share . I think that would be a great picture with poles and tackle around, ice, then a asic warming it up.
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Searing
Copper Member
Legendary
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Activity: 2898
Merit: 1459
Clueless!
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May 09, 2015, 08:54:22 AM Last edit: November 25, 2015, 08:24:32 AM by Searing |
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I have 2 knc titan miners 650.1mh for scrypt....the only thing I can tell you for sure is I knocked 35 bucks even off my budget each month last winter (Minnesota) from the previous years heating bill
but at 12c kwh elec price at 2500w you still lose as a space heater (but hey you need a space heater for the ice fishing shed or the garage this is the way to go)
I can hear it now...'no honey I'm not in the garage to avoid you ..and no I'm not wasting money on using electric heat...see I'm running the old asic miner for coin!"
(like that would work)
If you have pictures of heating a ice fishing shead with an asic please share . I think that would be a great picture with poles and tackle around, ice, then a asic warming it up. not quite at that point yet maybe next year thou..a well insulated ice shack I'm pretty sure you'd be golden! I envy folk with a 'cough' house/shed near a 'free wi fi' starbucks...indeed my setup below all the pics http://lostgonzo.imgur.com/the knc jupiter 567gh on the bottom shelf is a doorstop now...but yeah it would probably heat an ice fishing shack ..you need a hot spot connection on your cell phone to get on the Internet but some of those shacks are pretty cushy with the generators and all....so yeah it would work as well as a regular space heater I'd imagine... edited: 11/25/15 due to ice shack pic dropping off and added comment.
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Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
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ThePhwner
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May 15, 2015, 05:56:19 PM |
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Using S1s last winter and S3s this winter helped offset the heating bills, although I preferred the WiFi ability of the S1 to having CAT6 and switches run across the main floor of the house... We also hung clotheslines in the miner room to offset using the dryer. Not exactly innovative uses for old ASICs but we've offset some of the power use a bit.
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aniscartujo
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May 17, 2015, 04:58:59 AM |
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1. create a new crypto currency based on bitcoin and mine it... 2. replicate the blockchain network state on a previous moment of time and play mining on it 3. by using any of the above play the 51% attack on your own setup
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Kool0k
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August 30, 2015, 04:56:01 PM |
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this is working?
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topcatim
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November 19, 2015, 05:22:59 PM |
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I have a budget in the hundreds of thousands to spend on outdated bitcoin mining hardware, please spread this message about; I need 2 Mega Watts of equipment!
This is a great opportunity to shift a huge quantity of equipment that has outlived it's useful life and which is now too inefficient to mine. To clarify 2 Mega Watts is 2,000 kW which is 2,000,000 watts. It's the power draw that we are interested in not the hash rate. The hash rate is just an added bonus.
Ideally looking for all rack mountable miners but this is not critical. Ideally need power supply's and controllers included, if these can be provided we are happy to negotiate a higher price. I understand that this is a very large quantity of miners, please only get in touch if you have a significant proportion of the whole quantity, let's say 500kW or more.
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BTCish
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November 19, 2015, 05:32:14 PM |
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I have a budget in the hundreds of thousands to spend on outdated bitcoin mining hardware, please spread this message about; I need 2 Mega Watts of equipment!
This is a great opportunity to shift a huge quantity of equipment that has outlived it's useful life and which is now too inefficient to mine. To clarify 2 Mega Watts is 2,000 kW which is 2,000,000 watts. It's the power draw that we are interested in not the hash rate. The hash rate is just an added bonus.
Ideally looking for all rack mountable miners but this is not critical. Ideally need power supply's and controllers included, if these can be provided we are happy to negotiate a higher price. I understand that this is a very large quantity of miners, please only get in touch if you have a significant proportion of the whole quantity, let's say 500kW or more.
So you would like to use it for heating something ? maybe another purpose of miners ? Share with us what would you do with them ? I am interested in buying more miners too, just for fun, not in that quantity though.
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epichaberdasher
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November 19, 2015, 07:52:01 PM |
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1. create a new crypto currency based on bitcoin and mine it...
How difficult to do is that really ? Compared to say developing a small app ? (Not planning to do it, just want to know out of interest)
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HelsaBryan
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November 24, 2015, 03:58:35 PM Last edit: November 30, 2015, 10:47:10 PM by HelsaBryan |
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As per my experience due to what the ASICs tend to do and presuming SHA256 is everything it claims to be. Actually they are not generic hashing chips and any sort of quickly hashing every file is not applicable. They couldn't even do a single SHA256 hashing of a few bytes, as the hash isn't actually returned. The output of a SHA256 hashing is supposed to be sufficiently unpredictable that any task you think you could accelerate by exploiting what the ASICs do and working back from there is also not going to fly.
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hesdeadjim
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October 30, 2016, 12:39:30 PM |
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sorry for bumping such an old topic but i read posts on a few different forums that suggested that these asic miners could be used for mining any sha256 coin, of which there are many. does anyone have any experience with this? thanks.
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Put - Referred By hesdeadjim - In The Box Marked Additional Notes And Receive 1/2 Off Listing Fees From 07/01/18 - 07/07/18
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