Bitcoin mining? – Had to close my AWS account

Re:Bitcoin mining? – Had to close my AWS account by drpgq on Friday March 28, 2014 @09:35PM (#7491056)

What would be the current payout in Bitcoins for $300 per day approximately?

[ Parent | on HN ]

Re:Bitcoin mining? – Had to close my AWS account by gatehouse on Friday March 28, 2014 @10:46PM (#7491217)

Mining a popular coin that doesn't have ASICs yet ... maybe $5/day, very rough estimate.

[ Parent | on HN ]

Re:Bitcoin mining? – Had to close my AWS account by jrockway on Friday March 28, 2014 @09:42PM (#7491070)

Even if it's a cent, who cares? This is just money laundering.

[ Parent | on HN ]

Re:Bitcoin mining? – Had to close my AWS account by jambo on Friday March 28, 2014 @09:53PM (#7491092)

I don't think it's exactly money laundering.

It's like all theft. At low enough risk, the thief doesn't care what percentage of the value (of the $ charged) they recover. In this case, they are running very large CPU (not GPU) instances on someone else's dollar, not caring about the inefficiency of it because it can be automated and is difficult if not impossible to trace.

[ Parent | on HN ]

Re:Bitcoin mining? – Had to close my AWS account by Buge on Saturday March 29, 2014 @12:20AM (#7491405)

I was making a net profit for a while mining some scrypt based coins on AWS.

[ Parent | on HN ]