Results 1 to 6 of 6

Thread: BitCoin Utopia: C #5 work generation has now ended

  1. #1
    Diamond Member
    Join Date
    October 24th, 2010
    Posts
    5,131

    BitCoin Utopia: C #5 work generation has now ended

    I have stopped the work generation for Campaign #5. Thanks for all the hard work!

    Henri.

    More...

  2. #2
    Platinum Member
    Mumps's Avatar
    Join Date
    October 28th, 2010
    Location
    Milwaukee, WI
    Posts
    3,822

    Re: BitCoin Utopia: C #5 work generation has now ended

    And that marks the end of BitCoinUtopia.

    Time to figure out how to mine for myself. At least for a little bit, before I get rid of the ASICs because it's just not cost effective.

  3. #3
    Administrator
    Bryan's Avatar
    Join Date
    October 27th, 2010
    Location
    CO summer, TX winter
    Posts
    6,290

    Re: BitCoin Utopia: C #5 work generation has now ended

    Turn out the lights the party's over


  4. #4
    Administrator
    Al's Avatar
    Join Date
    May 18th, 2011
    Location
    Chapel Hill, NC
    Posts
    5,606

    Re: BitCoin Utopia: C #5 work generation has now ended

    Quote Originally Posted by Mumps View Post
    And that marks the end of BitCoinUtopia.

    Time to figure out how to mine for myself. At least for a little bit, before I get rid of the ASICs because it's just not cost effective.
    Learning to mine isn't difficult, but with the equipment most of us have it probably isn't cost effective either. I just looked at a bitcoin profitability calculator and with the equipment I have it will cost me $55.00 a month to mine. That's bitcoin - electric cost. I'll pass.


  5. #5
    Platinum Member
    John P. Myers's Avatar
    Join Date
    January 13th, 2011
    Location
    Jackson, TN
    Posts
    4,350

    Re: BitCoin Utopia: C #5 work generation has now ended

    Think I'll eBay my ASICs. Started mining for myself again to see how it would go and it will take about 1 year to generate 0.02 bitcoin at the current difficulty. I'll pass as well.
    Last edited by John P. Myers; 06-10-17 at 09:19 AM.


  6. #6
    Gold Member
    FourOh's Avatar
    Join Date
    January 16th, 2013
    Location
    Memphis, TN
    Posts
    1,013

    Re: BitCoin Utopia: C #5 work generation has now ended

    Not sure if I want to say sorry to see you go, BU.... or good riddance, Bitcoin Utopia!

    I appreciate the disruption to the status quo, and I had some fun racking up big 'stones, but what could/should have been a shot in the arm to BOINC turned out to be more divisive than productive, IMO. Now our investments in ASIC tech are useless, just as the BU opponents pointed out in the credits debate. Interesting four years, for sure!



Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •