[TsonicTsunami08]

This is one segment of the Bitcoin infrastucture that has experienced enormous growth and aparently they're not done.

This is moving at light speed as adoption excelerates.

[Pearls Before Swine]

Five megawatts of computing? At 10 cents/kwh, that’s $500 bucks an hour (someone check my math) to mine bitcoins, to say nothing of his capital investment, which sounds like several million dollars.

He must be finding enough of them to make it worth his while. Or, maybe he’s like the guy who pulled off a bank heist and spent all of the money on lottery tickets, winning very little.

[Errant]

Thanks Sonic.

Click to be Added / Removed.

[mmichaels1970]

This is why I’m hoping litecoin holds up and stays under the radar of asics miners.

[Wingy]

This is one of the many aspects of BitCoins that puzzle me. We saw the story a couple months ago about the guy that threw out an old hard drive from his laptop that he used for BitCoin mining. He said he left it running for a week and amassed 7500 bitcoins. Today this would be worth $6 or 7 million dollars. So what was he computing with his laptop that was worth that kind of jack? And who was paying him? And for that matter, who is paying the guy in this story? What is he paying him for?