Topic: Growing weed vs. Mining for BTC - page 3. (Read 3139 times)
No doubt that growing weed is more profitable in most jurisdiction. Then you can sell the crop for BTC and hold.
but you cant smoke bitcoin
You could always set fire to your computer and inhale the fumes.
Which is better for energy consumption vs profit?
All these guys growing weeds for sale of the Blackmarket should just mine, no?
One is legal the other not.
Grow lights, pots+plants, plant food costs a lot probably the same as a diy mining rig.
All these guys growing weeds for sale of the Blackmarket should just mine, no?
One is legal the other not.
Grow lights, pots+plants, plant food costs a lot probably the same as a diy mining rig.
A plant can bring in anywhere from $500 to $4,000, depending on the species, quality, and size, according to various sources. A very lucky, expensive rig can bring in $7,000/year with the current difficulty. Add the power costs of Bitcoin mining being almost double that of an indoor grow op, and the evil, baby-murdering nature of the pot trade still brings a better profit than hashing data (as long as you've got at least two plants). It's practically a law of physics, if it's illegal (or immoral, in some cases), it's bound to bring in more money.
If the Bitcoin price rises quicker than weed can be grown, the end result might be that mined bitcoins are worth more than grown and sold weed.
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If your one of the first ASIC miners maybe.
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If your one of the first ASIC miners maybe.
20 plants 1st harvest = $10k
Total year profit = $30k
Considering you have the setup, and solar panels.
Total year profit = $30k
Considering you have the setup, and solar panels.
Quote
Grow lights, pots+plants, plant food costs a lot probably the same as a diy mining rig.
In some areas you just need to plant the hemp, it will grow naturally.Quote
It would be funny to see which would end up getting you more BTC: selling weed on Silk Road vs. mining Bitcoins.
Without weed Bitcoins would not be worth anything at all.Quote
but you cant smoke bitcoin
Yes, You can smoke Bitcoin. My friends only got interested in bitcoins after I told that they can buy ganja with bitcoins. Before that they did not get the point of yet another internet payment system.Quote
Ya, growing weed is way more profitable if done properly lol
If the Bitcoin price rises quicker than weed can be grown, the end result might be that mined bitcoins are worth more than grown and sold weed.
True say, but the risks are well, too risky. lol.
Ya, growing weed is way more profitable if done properly lol.
Illegal? Yes, but indeed wayyyy more profitable.
Illegal? Yes, but indeed wayyyy more profitable.
but you cant smoke bitcoin
You could always set fire to your computer and inhale the fumes.
can't we do both at once? we need glowing miners. 
but you cant smoke bitcoin
Which is better for energy consumption vs profit?
All these guys growing weeds for sale of the Blackmarket should just mine, no?
One is legal the other not.
Grow lights, pots+plants, plant food costs a lot probably the same as a diy mining rig.
All these guys growing weeds for sale of the Blackmarket should just mine, no?
One is legal the other not.
Grow lights, pots+plants, plant food costs a lot probably the same as a diy mining rig.
It would be funny to see which would end up getting you more BTC: selling weed on Silk Road vs. mining Bitcoins.
Which is better for energy consumption vs profit?
All these guys growing weeds for sale of the Blackmarket should just mine, no?
One is legal the other not.
Grow lights, pots+plants, plant food costs a lot probably the same as a diy mining rig.
All these guys growing weeds for sale of the Blackmarket should just mine, no?
One is legal the other not.
Grow lights, pots+plants, plant food costs a lot probably the same as a diy mining rig.
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