The good news is that the waste heat from my ASIC chips helps to keep my room warm.
on December 28, 2013 at 0333Posted In: cryptocurrency
The bad news is that I live in Texas, so I only have four months until I really, really don’t want any more waste heat in my room.
The really bad news is that these two eruptors that I bought are not going to make back what I paid for them in time. Not unless I leave them on for all four months and Bitcoins stabilize at about $1,000 and namecoins achieve 1=1 parity with bitcoins.
So, when they tell you don’t get into mining unless you’re getting in all the way, they mean it. It’s over for small investments in mining. Unless you want an expensive space heater.