nazgulnarsil comments on General Bitcoin discussion thread (May 2011) - Less Wrong

5 Post author: Kaj_Sotala 20 May 2011 02:03PM

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Comment author: nazgulnarsil 20 May 2011 02:05:35PM *  0 points [-]

I bought a hd5850 because mining is still profitable. it might not remain so for much longer though because the difficulty has been ramping up severely. obviously over time in should reach an equilibrium based on electricity/component costs.

Comment author: SilasBarta 20 May 2011 02:49:09PM 0 points [-]

I bought four hd5870s but was only able to run two because of heat issues. I took it down to install liquid cooling, which is having a bunch of snags, and the downtime has cost me dearly :-( Fortunately, I made a decent stash while the two were running.

Comment author: nazgulnarsil 20 May 2011 03:04:38PM 0 points [-]

since I plan on leaving my profits unrealized I wasnt willing to spend that much on such a risky venture.

Comment author: NihilCredo 21 May 2011 04:38:02PM 0 points [-]

I didn't spend anything to get BitCoin equipment, but I'm still slightly miffed that its recent increase in popularity has brought such a quick ramp in the difficulty factor that my 5770 won't see returns in months.

I've actually quit mining because the excitement of a chance of getting a winning block is now offset by the worry of having the video card 'burn out' before it pays for itself. (Also, the winter's over and the extra hot air from the computer's exhaust are no longer welcome.)