Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Thanks dude. I always adhere strictly to the first rule, but it does bear repeating
yes, I understand completely, and it's not something I would recommend to anyone.
I think it was Christmas of 2011 when I first borrowed against the unsecured line of credit my bank gave me to buy some 7970's. I've since become addicted to having that access to instant liquidity, and just like my other addictions like beer and cigarettes, I simply write that money off to the cost of my own stupidity.
7970 is a kind of mining rig, correct? No, it's a video card. If so, did it pay for itself, yes. and for how long were you able to use it? I'm still using it, but not for mining anymore, it still kicks some serious ass when it comes to video games though. Did you have to retire it? no. Were you able to sell it to recoup some money, too? I will never sell this thing! It will be put in a museum some day!
My answers in RED
Thanks... for your responses.
I agree that you get even a bigger bonus out of your purchase of the item (the 7970) if you are able to multi-purpose it.
yup, it's pretty cool, all 4 can still play video games just fine, but only 1 out of those 4 can still mine at more than 80% load.
(that one good card was still doing about 120% above spec before I simply gave up mining on scrypt - not enough amps left to feed the SHA-256 asics, though I am tempted by the scrypt asics, I think that one chain will always be considered stronger than all the others, and anything serious will be built as a sidechain of the main chain.)