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stigatle
Got my #bitaxe #bitcoin asic #miner today, very cool miner. Super easy to set up.

2 months ago
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mckinley
Reply to #ovkzvfa
@stigatle Neat. Are you going to try your luck solo mining?
2 months ago
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stigatle
Reply to #ovkzvfa
@mckinley yeah, solo mining for sure.
Going to buy more of them later on as well.
2 months ago
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bender
Reply to #ovkzvfa
@stigatle it appears to me you will need to run it for 5 years (or more, I am just talking non-sense here, LOL) just to recover the cost of the device itself. Then you will have to spend a little on electricity too---I know it is a low consumption device, but still....

I sure hope you are not planning a retirement out of it. :-D
2 months ago
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mckinley
Reply to #ovkzvfa
@bender Solo mining at 450 Gh/s, it's a 1 in 8,765,713 chance per day of mining a block, so it would take roughly 24,000 years on average. Think of it like playing the lottery. It sounds kind of fun to me.
2 months ago
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bender
Reply to #ovkzvfa
@mckinley, dear lord! With those odds I would never do it. Playing the lottery indeed.
2 months ago
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stigatle
Reply to #ovkzvfa
@bender Yeah, I do not plan on retiring because of this device lol. But I let it solo mine until it breaks, no need for pennies if you can get the jackpot :p haha.
Gonna buy more of them later on as well.
It's just a hobby for me, something to do, and I always enjoy getting various hardware related things. Especially open source stuff.
2 months ago
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mckinley
Reply to #ovkzvfa
@stigatle What kind of hashrate are you getting on that thing?
2 months ago
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stigatle
Reply to #ovkzvfa
@mckinley 500 GH\s
2 months ago
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