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Topic: Three Men Mine $200,000 In Bitcoin Every Month (Read 11968 times)

member
Activity: 84
Merit: 10
★Bitin.io★ - Instant Exchange
Lets hope btc will go to $100 so they will stop wasting electricity Smiley
newbie
Activity: 37
Merit: 0
if only i could invent a time machine and steal this idea back in 2009

Wishing that too while reading the article. pffft.. I wonder how much these guys invested on their equip
full member
Activity: 191
Merit: 100
I wonder who belongs to this? (From http://pro.wsdinsider.com/TAOREWARDSWCX/ETAOQA25/)


A Classic bitcoin farm.

(Prompted by https://bitcointalksearch.org/topic/m.9254538)

Smiley
I remember seeing this picture a long time ago so whoever the farm belongs to likely no longer has it as it would most likely be unprofitable to run based on how much difficulty has risen.

I am sure that the person who owed that farm would be very rich if they had held onto the bitcoin that he mined with that
legendary
Activity: 3906
Merit: 1373
if only i could invent a time machine and steal this idea back in 2009

Yes, but if you did, you would be so rich that you would have forgotten all about your time machine by today. So, you would never invent it, and you would be right where you are now.

 Grin
newbie
Activity: 58
Merit: 0
if only i could invent a time machine and steal this idea back in 2009
hero member
Activity: 583
Merit: 500
These guys are going to get busted once China TRULY bans bitcoin.  when china bans something, they ban everything related to it. 

Hope china do that, it is going to reduce the bitcoin difficulty a lot... like 1/3 at least..
legendary
Activity: 3906
Merit: 1373
I wonder who belongs to this? (From http://pro.wsdinsider.com/TAOREWARDSWCX/ETAOQA25/)


A Classic bitcoin farm.

(Prompted by https://bitcointalksearch.org/topic/m.9254538)

Smiley
sr. member
Activity: 294
Merit: 250
I wish I could start my own miner company..it would be fun to just play all day and mine bitcoins or alt-coins all day long sadly I am not too tech savvy.
full member
Activity: 152
Merit: 100
fuck me! now thats how its done  Cheesy Cheesy

Not only that, but, from the article: "There’s many more – and more sophisticated – giant operations around the world, including this one in Washington, USA, which generates about $US8 million a month."

Smiley
The one in Washington state is sick. Now this is what a profitable mine looks like.

More like $100,000 a month now.

The miners depreciate much faster than $100k a month.
sr. member
Activity: 378
Merit: 250
FURring bitcoin up since 1762
These guys are going to get busted once China TRULY bans bitcoin.  when china bans something, they ban everything related to it. 

Effectively, they're performing calculations. I wonder how far they may abstract the actual process of mining Bitcoins to just hosting a large server-farm-like institution. It could be difficult to ban such a thing, even in China!
member
Activity: 116
Merit: 10
★☆★ dont let others hurt your sk
These guys are going to get busted once China TRULY bans bitcoin.  when china bans something, they ban everything related to it. 

When they make something "like" bitcoin, then they can ban bitcoin. Chinese always think about how to make cash.
sr. member
Activity: 294
Merit: 250
Even if China bans bitcoin there are plenty of people all over the world that have started to deal with Bitcoins. Chinese government banning bitcoin is only going to cripple them in the long run not the rest of the world.
legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
These guys are going to get busted once China TRULY bans bitcoin.  when china bans something, they ban everything related to it. 
full member
Activity: 195
Merit: 100
Why are they hiding their faces again? An electricity load like this would have the police / electric company/ hired goons there after the first bill right?

Not if they don't have any criminal records and are paying their bills in time.
full member
Activity: 154
Merit: 100
There's a huge gambler called AKcoinminer losing tons of bitcoins almost everyday on dicesites. Is he one of them?
member
Activity: 115
Merit: 10
Why are they hiding their faces again? An electricity load like this would have the police / electric company/ hired goons there after the first bill right?
sr. member
Activity: 406
Merit: 250
AltoCenter.com
Wish I had the same thing... my power is out for 1week. I want to become an apprentice of these three marketers...
sr. member
Activity: 252
Merit: 250
All depends of the investment.


All that asics are broken? @.@ such a waste.

Give it to me and i will try to make they work =D.

Love it... I can see dump scavengers looking for salvageable asics  Grin
sr. member
Activity: 336
Merit: 250
DLISK - Next Generation Coin
fuck me! now thats how its done  Cheesy Cheesy

Not only that, but, from the article: "There’s many more – and more sophisticated – giant operations around the world, including this one in Washington, USA, which generates about $US8 million a month."

Smiley
The one in Washington state is sick. Now this is what a profitable mine looks like.
Probably not for very long. What is essentially an arms race in the mining world is causing the difficulty to increase at double digit percentages every month because of increasing efficiencies for miners. As a result, even the most efficient "corporate level" miners will have a useful lifespan of only a few months
full member
Activity: 182
Merit: 100
All depends of the investment.


All that asics are broken? @.@ such a waste.

Give it to me and i will try to make they work =D.
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