where CT sounds blows all your money spent on them

[Jeffdachef 5,000+ posts]

each rack is about 80 thousand worth of GTX 1080TIs

Click to read more...

 

[blazian87 10+ year member]

What a bastar D. How much money can he possibly be making off of that?

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[Jski1990]

Last time I checked 1 bitcoin was worth over 16 grand lol....In dollars not dollhairs

 

[THATpurpleKUSH 5,000+ posts]

It's all based on speculation and will eventually come crashing down. Just wait.

 

[blazian87 10+ year member]

It will crash no doubt but can’t you just sell it all when you suspect it’s falling too hard. There’s already people who cashed out when it peaked the highest. It’s just about not being too greedy.

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[youdoofus]

you guys do realize taht bitcoins arent the only virtual currency that can be mined with s#it tons of graphics cards, right?

 

[Mayhem]

99% sure he uses 1070s because they're way more efficient for mining

And its more like 20k per rack

Genuinely surprised a "CT Coin" hasn't surfaced. Sh1t would probably catch on tbh.

 

[THATpurpleKUSH 5,000+ posts]

I don't fully understand digital currency but how do a ton of graphics cards "mine?"

 

[Boomin_tahoe 5,000+ posts]

It's all based on speculation and will eventually come crashing down. Just wait.

It already has.

 

[youdoofus]

I don't fully understand digital currency but how do a ton of graphics cards "mine?"

i dont either, but i should have got in the game when i first heard about it like 8 years ago

 

[youdoofus]

this article explains it pretty well, but its still an odd concept

https://www.cnbc.com/2014/01/23/cnbc-explains-how-to-mine-bitcoins-on-your-own.html

 

[ckeeler11]

Short explanation on mining:

https://www.cnbc.com/2014/01/23/cnbc-explains-how-to-mine-bitcoins-on-your-own.html

very sketchy the whole deal.

 

[Darth_Immitis]

Ain’t nobody got time for that

 

[THATpurpleKUSH 5,000+ posts]

I read that article but I still don't get it lol

 

[Popwarhomie 5,000+ posts]

I think graphics card manufactures made this **** up to increase sales.. Well it worked!