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by pcl 4653 days ago
Was your conclusion that the power costs would outweigh the value of the mined bitcoins, or that the value would be marginal enough that it's not worth the bother?
1 comments

A combination of the two. Power costs plus wear-and-tear on mission-critical components weren't outweighed by the tiny amounts of money we'd make.

To be fair, there's a bit of a conflict between the best rendering hardware - Nvidia, because of CUDA - and the best mining hardware - ATI. Obviously, I'd have been mining on NVidia. However, the numbers didn't even make much sense using ATI.

Bitcoin mining has been screwed because of the dedicated hardware, which has meant a flood of miners into Litecoin - which has proceeded to screw the Litecoin ecosystem too.

I shall keep an eye on the situation - I suspect there will be pockets of opportunity in the future. But right now, not so much.