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RE: How to Mine Cryptocurrency for Free. Details Inside

in #bitcoin7 years ago

While i like the information on mining, I am not too keen on the advice about externalizing one's power cost. The advice raises costs for one's neighbors.

It seems to me that, if one is engaged in a process that turns power into money, then they should be paying for that power; otherwise one is creating a false economy.

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We agree this would be a bad idea if this would raise the cost to others. In the US, renters are often times given contracts in which the owner will cover the cost of electricity. With the CPU usage, you're looking at running possibly 300-400 watts maximum which is fairly low considering that's within the range for most gaming pcs.

The energy calculation is the most important element of a crypto-mining set up.

Most people who are learning crypto-mining will piggyback on other operations. People who are mining for the money should always be paying their way. The players who spend their lives figuring out how to externalize their costs on others gives the industry a bad reputation.