Topic: I have Free Electricity and think about mining (Read 7871 times)

Yes on the BAMT.

This guy speaks good sense. Load up on the 5850's and cheap mobo/cpu/ram (sempron low power ones are good) I'd replace the 40GB HD idea with usb thumbsticks running Bamt

Lol funny how OP's question turned in a debate on morality. Save the ethics debate for another time. This is the same thing as price mistakes and everyone jumping on it, but when it's fixed, then the people that tried to buy the item throws a hissy fit.

Are you joking?  Stop being jealous wussy because you don't have free power.

--

OP -- 5850s bro, cheap mobo, cpu, 1gb ram, 40gb hdd, get 5850s or 7970s.  5970s if you must but NOTHING else or you will regret it! Trust me!

always get gold rated PSU and a good 750w can power four 5850s just fine, or two 5970.  Don't push it, just get more rigs if you want more cards.  It's not a big deal.

A lot of people around here think they know what they are talking about.  Be careful who you listen to!

In UK news 2 pensioners received a letter from electricity company that the pensioners owe them around $50 000. When questioned why ? how ? electricity company said the electricity meter at the house was faulty and showed less then the actual amount being used, and they estimated this went on for 25 years.
The couple has no choice but to pay up.

Some men just want to watch the world burn.

Fuck 'em.  Save your morals for church.  I'd like to hear more about rigs built with cost/profit in mind that doesn't include electric as much.  I live in a place with low electric charges, and have access to other means of power as well if need be.  I'd like to hear of any options that other people came up with that I might not have.

I say if the electric companies in some companies can charge exorbitant amounts for power when it costs them considerably less and make billions of profit every year, keep on jacking the prices up every 6 months just so they can squeeze more out of the consumer to fatten their own pockets (and counter claims saying the prices and increases are justified are certainly not true everywhere) then I say by all means go for it!

I can't wait for the time when I can move to a country where paying 0.06c PKWH or less/free makes mining with GPU's more profitable at the moment (though i'm still coming far ahead as thats what I pay offpeak rates for half the day, and the rest of the time the .16c rate tends to have less of an impact on my profit margin) I feel sorry for those that are forced to pay the usual rates for electricity here in australia and dont get discounts or anything (think 0.23c and higher, which is more considering the Aud$ is currently worth more the usd)

I bet those defending the power companies saying that person is "stealing" and comparing to helping oneself to the landlords valuables wouldn't be as quick to justify unreasonable bank fees if it hits them where it hurts, ie their wallets each time a bank debit transaction gets declined due to a screwup (over here thats typically $20-30 for something that is automatically fixed and costs the bank nothing, but gains them considerable profits at the expense of thousands of poor customers)

The last place I lived in was funded and maintained for by the government, electricity was provided free of charge as part of the rent (wish I had gotten into BTC mining back then) and though I ran several computers 24/7, nobody had a issue with my excess power usage.

I want free electricity too!

Lol, jeaolus much.

Screw the hyrdo companies is what I say...

Best of luck to the OP.

"Even a voluntary contract to surrender the product of labor to an employer was theft, according to Proudhon, since the controller of natural resources had no moral right to charge others for the use of that which he did not labor to create and therefore did not own."

I can agree with this.  Black and white again. 

Tenant use electricity.  Landlord buys electricity from the electric company at a negligibly-low rate that is obviously an error on someone's part.  Tenant is not only fully aware of this, but intends to exploit it to its fullest.

Either the tenant is knowing buying a stolen service from the landlord (a crime), or the landlord messed something up somewhere and has that apartment's electric running through the wrong meter or something.

I should point out that electric companies generally go after back-amounts owed, once they discover a problem. This makes sense, because, as I said, it's not like it's all free money to them. More like money they've already shelled out which they'd like to have back.

My own mother was being under-billed for about a year (apparently, the guy who was supposed to read the meter gave up very easily), then they hit her with a $500 bill in back-charges for the past year.

The same might happen to you or your landlord.

Ah, missed that.

Definitely a gray area then, morally, IMO.

He states in a later post that the bill is issued in the landlord's name.

It sounded like the tenant was the one who paid the bill, not the landlord.  Clearly, if the landlord is the one paying the bill, then he is the one held morally responsible for the fraud.

But if anything the person scamming the power company is the landlord. The tenant presumably pays much more than $3 to rent the place and apparently utilities are included in that. It's not really the responsibility of the tenant to ensure that the landlord is paying the proper amount to the power company, that's between the landlord and the company.

It's more like paying for a $0.50 candybar, then 20 more of them appear in your shopping basket on the way out the door and you keep them all.  Highly questionable from a moral standpoint, and I agree with Angelus that people like this make the world a worse place to live.

Funny, I was thinking the same thing about several of your statements.

The fact is he's paying for a service, whether he's overusing it is to some degree pretty subjective unless it's spelled out in their agreement or applicable law, which neither you or I know the full details of. I guess we can safely assume it's the same thing morally and legally as burglarizing the guy's house though, right?

Your pathetic rationalization is ridiculous.

If you've paid for an "unlimited" plan, of course you have the legal and moral right to be on the phone 24/7.
Did the OP say he paid for an "unlimited" electricity plan?

I rest my case.

This world is fast becoming a ####hole because of selfish people like the OP. It's all about "me, me, me".