Post
Topic
Board Mining
Merits 1 from 1 user
Re: The State of Cryptocurrency Mining by David Vorick (Sia)
by
-ck
on 17/05/2018, 03:28:10 UTC
⭐ Merited by Dalkore (1)
I think it would likely look more like 1000 and earn $0.10 a year and use an extra $50 a year in electricity

or 800 and earn 0

so after 24 months you have a $1099.80 TV.

An appliance miner is never going to compete with high density mining farms, we already have CPU's but no one use's them to mine to "reduce" its capital cost's.
This is absolutely correct. The equation can't possibly work in an appliance's favour in any way. The only thing that remotely has a chance is a space heater that mines to generate its heat. To that end, that's what I use my T1s for now that it's getting colder here, but they need to be dedicated to doing so in a fashion that is meaningful in normal households, not somewhere with tons of power and that can tolerate noise. There just is NO market for that kind of hardware though; it's all aimed at super giant fucking massive farms, and selling 10s of thousands of miners at a time, not a handful to the regular public. There's no money in making hardware for everyone else, so it's just not going to happen.