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Old 06-29-2011, 09:22 AM   #17
Great68
Willing to sell body for a few minutes on RS
 
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Quote:
Originally Posted by SkinnyPupp View Post
So "mining" for "bit coins" is basically distributed computing? If you are mining 24 hours a day at say 500W, you are spending at least $140 a month on power....
We only pay roughly 7 cents per kWh here (at least that's what my last bill said).

A PC pulling 500watts for 24 hours a day only works out to about $26 a month.

0.5kW x 24hours x 31days x 0.07c/kWh = $26.04

So by Tos'd's estimate of $17 every five days, you could post a profit of roughly $75 a month. That's better than a sharp stick in the eye.

The IT guys in my company have been supplying GTX460's and HD5770's in all the new PC's at work, I kind of want to install this on everyone's computer. It's not like anyone would notice a performance decrease since most people just use word and excel.
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Last edited by Great68; 06-29-2011 at 09:31 AM.
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