Newegg Now Accepts Bitcoin

[John P. Myers]

http://promotions.newegg.com/nepro/14-3540/index.html?nm_mc=AFC-C8Junction&cm_mmc=AFC-C8Junction-_-na-_-na-_-na&cm_sp=&AID=10440897&PID=3891137&SID=rewrite

[Mumps]

'Bout time they hopped on the bandwagon. TigerDirect has been accepting BitCoins for months.

http://www.tigerdirect.com/bitcoin/?srkey=bitcoin

[Mumps]

Also, don't look now, but that significatly increased the market rate of BitCoins it seems. :)

http://www.xe.com/currencycharts/?from=USD}&to=XBT&view=12h

[Mumps]

Although, it finally dawned on me that the Goal of Campaign #1 is actually less than a single BitCoin is worth right now...

http://www.bitcoinutopia.com/img/kampanja1.png

[John P. Myers]

Although, it finally dawned on me that the Goal of Campaign #1 is actually less than a single BitCoin is worth right now...



Don't feel bad. Not a single one of us would be rich if we mined these coins for ourselves :)

[cineon_lut]

Don't feel bad. Not a single one of us would be rich if we mined these coins for ourselves :)

Is it conceivable that this equipment (ants, rocks, BFLs) could ever pay for themselves if we turned to straight mining? I always heard the argument against the 7970s due to the electricity and cooling cost, but I'm not up on ASIC profitability.


Vic (mobile)

[John P. Myers]

The BFLs would never pay for themselves. Use to much electricity. The Rockminers have a slim chance depending on your electricity rate. Assuming the national average of $0.12 kW/h, and assuming you paid $74 for your rockminer including taxes and shipping (that's what i paid), After 7 months of 24/7 mining, your profit will be $9.12 :p If you pay more for electricity than that, forget about it.

Just did the calculation for Antminers. They will never break even.

The *actual* Bitcoin difficulty is 16,818,461,371. Make sure you give the pool servers a warm kiss for saving us from that ;)