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post #41 of 45
..Bitcoin mining

..With the governments on its tail

Not exactly a smart new investment.
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post #42 of 45
I would recommend putting that money in a nice mutual fund or something, if you actually want to end up with a return at some point in time, but if you're just looking for money to burn, make it rain at the club with some hookers and blow thumb.gif
   
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post #43 of 45
Quote:
Originally Posted by DuckieHo View Post

A lot of people believe Bitcoin mining is representative of ALL GPGPU workloads...

I never got that, F@H probably is more/just as common as that...Let alone Photoshop, etc.
Quote:
Originally Posted by MeanBruce View Post

Duckie, if you were about to start Bitcoin mining would you recommend an array of AMD GPUs OR an ASIC miner? OR has the difficulty just become too high in the last 60days? Thanks man smile.gif

I'd personally recommend not getting into it, as even the best ASICs barely pay themselves off before becoming too out-dated to make a profit.
Quote:
Originally Posted by fateswarm View Post

..Bitcoin mining

..With the governments on its tail

Not exactly a smart new investment.

It's not the bitcoins that the Government wanted, it's the website that made use of them and caused a decent drop in value when it was recently shut down. The FBI will probably even make use of the $3,300,000 worth of bitcoins they got from that website eventually too.
post #44 of 45
Quote:
Originally Posted by Brutuz View Post

It's not the bitcoins that the Government wanted, it's the website that made use of them and caused a decent drop in value when it was recently shut down. The FBI will probably even make use of the $3,300,000 worth of bitcoins they got from that website eventually too.

Their value is their usage, not their pretty face. And a lot of usage is going on for shady transactions. e.g. look when it got the big spike a couple of months ago, it's when Russians got out of Cyprus when Europe told to Cyprus "no no no Cyprus, no more Russians in your bank".
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post #45 of 45
Quote:
Originally Posted by MeanBruce View Post

Duckie, if you were about to start Bitcoin mining would you recommend an array of AMD GPUs OR an ASIC miner? OR has the difficulty just become too high in the last 60days? Thanks man smile.gif
Bitcoins are undoable with a gpu not even worth it but altcoins are doable.
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