Re:Inside a Chinese Bitcoin Mine That's Grossing $1.5M a Month
by wmf on Sunday February 08, 2015 @05:31PM
(#9018858)
I've heard that spot electric prices can occasionally go negative if demand dips faster than power plants can ramp down. I don't know if that's worth exploiting with Bitcoin, since it's difficult enough for ASICs to pay for themselves even when running continuously.
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Re:Inside a Chinese Bitcoin Mine That's Grossing $1.5M a Month
by gizmo686 on Sunday February 08, 2015 @08:41PM
(#9019350)
For calculating if ASICs are worth it, you should probably consider that energy to be free, as you can invest a relativly trivial amount of money into electicity wasting devices.