SessouXFX :
We'll see how this all ends up with the Litecoin and bitcoin miners. Either they were smart for getting ahead of the game, or they were idiots for believing they could make more than they spent.
But in the case of the Bitcoiners, there's a better method to mine, why bother with the GPUs? Seems to me they lose out no matter how they end up.
You can't break even due to power bills, let alone hardware prices. But wait, there's more!
Forum members often call a machine that burns far too much energy for the amount of useful work we get out of it a "space heater". But if you compare THIS machine to an ACTUAL space heater, you can clearly see the benefit of using THIS machine RATHER than an actual space heater to heat your workspace. Let mining pools pay a portion of this winter's heating bill!
I'm completely against the CONCEPT of crypto-currency mining because they produce no USEFUL data. We're producing GARBAGE data of increasing difficulty generation-by-generation and wasting all those resources to do it. It's worse than raising cattle for the leather and throwing away the meat. It's more akin to raising cattle for photographs of the cow and throwing away the cow!
These machines might actually benefit society if they were using a program like F@H, and we'd at least have a solid argument between their cost to society and their benefit to society. Someone should have beat the bitcoin guy to the punch and developed F@H coins.
Or take a look at cloud servers. Large companies are renting out their excess computing resources during low-traffic periods. Now look at PC-based, self-serving distributed computing platforms like Skype. The per-user cost is low but the number of users is high, so hosting the program across those same "clients" makes sense.
Why don't we have companies knocking down our doors begging for our excess data resources? Someone with a great marketing plan AND excellent technical knowledge should set up a distributed computing platform that pays individuals for their contributions. Environmentalists should praise that move as reducing the number of data centers needed world-wide, but me?
I'm just trying to reduce waste. I even collect my small bits of scrap metal (broken car parts, etc) and give them away to scrap metal collectors because it costs more to take these in than these are worth. Those guys collect enough small batches to make it worth the 15-mile trip. And you don't need to be a tree hugger to see that everyone benefits from that type of effort.