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Old 03-29-2021, 02:54 PM   #71
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Mining?
bitcoin and such.
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Old 03-29-2021, 03:00 PM   #72
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bitcoin and such.
So it's possible to mine bitcoins at home? I thought it required vast loads of energy and computing POWER...

What software do I have to purchase to start mining?
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Old 03-29-2021, 03:08 PM   #73
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I haven't a fucking clue what you've listed but sounds impressive!! Mining?
Cryptocurrency is created by basically solving difficult math problems for very large or very precise numbers. These problems don't have a straightforward answer, so computers solve them using a numeric process and iterating many times. This is called mining in cryptocurrency speech. I understand the techniques to be similar to cracking encryption cyphers.
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Old 03-29-2021, 03:22 PM   #74
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So it's possible to mine bitcoins at home? I thought it required vast loads of energy and computing POWER...

What software do I have to purchase to start mining?
Bitcoin is a specific kind of cryptocurrency. There are others. Just do a search on how to get started and do some research.
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Old 03-29-2021, 03:30 PM   #75
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So it's possible to mine bitcoins at home? I thought it required vast loads of energy and computing POWER...

What software do I have to purchase to start mining?
As others said, it can be done at home, and is the reason there are runs on GPUs at times, as the software uses them.

It takes energy and power to do it quickly, but a standard computer can do it, it just takes longer.
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Old 03-29-2021, 03:59 PM   #76
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Quote:
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As others said, it can be done at home, and is the reason there are runs on GPUs at times, as the software uses them.

It takes energy and power to do it quickly, but a standard computer can do it, it just takes longer.
A single bitcoin is currently worth $57k.. so how long to generate one coin.. let's do some research... See you guys later..
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Old 03-29-2021, 04:44 PM   #77
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Garage
Currently Ethereum is the most profitable coin to mine.
If you're a casual miner like me, Nicehash is a great way to do it because Nicehash pays you Bitcoin for your mined Ethereum .. or rather Nicehash pays you for your hashing (mining) power.

Depending on the day, I can get $8-$15 per day with electricity costing me $1.50 ... and that's in California with $0.28/kw.

I started mining with my rtx 3080 around Jan and I've mined a total of about $750 or so from it since then. I've already sold out to lock in my earnings.

Still, the tax will be costly. Mined earnings are subject to income tax, and upon selling the crypto subject to short/long term capital gains taxes. At least that's what I've read so far during my preparations for taxes.
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Last edited by Bonburner; 03-29-2021 at 06:45 PM. Reason: $750, not $600
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Old 11-05-2022, 03:00 PM   #78
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Anyone using the Logitech Lift mouse? Is it any good?
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Old 11-06-2022, 08:59 AM   #79
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Anyone using the Logitech Lift mouse? Is it any good?
Nope but I did finally have to replace my nearly 20 year old mouse cause it started dying.

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Old 11-06-2022, 11:43 AM   #80
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Nope but I did finally have to replace my nearly 20 year old mouse cause it started dying.

It looks rather neat but expensive.
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