Today I came across an ebay listing for 52 Antminer S5 miners for $23,500.00: 52x Bitmain Antminer S5 SHA-256 BTC Bitcoin Miner 1155GH/s...
Category : Bitcoin
More on Money
My description of my invention of money was of course fictional. However, it was probably not far from what really happened. One...
Bitmain AntMiner S2 Power Consumption
I wanted to know exactly how much power my miners were consuming, so I decided to measure. I purchased a Kill-a-Watt power meter. I...
Bitmain AntMiner S5 Power Consumption
Previously I analyzed the power consumption of one of my S2 bitcoin miners. Today I will look at the next generation of miner, the...
Helpful People
As I mentioned previously, the owners of the building, where my company leases our offices, are having lots of work done. One of...
What is Money?
In order to grasp the importance of digital currency we should understand what ‘normal’ money is first. Let’s imagine that...