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April 14, 2013 04:31 am GMT
There's a gold rush going on these days, or a Bitcoin rush, at least. Driven by the recent swings in the value of a Bitcoin, more and more people are learning about and becoming interested in the currency. While they could just buy Bitcoins at the current market rate, others are looking to try their luck at mining Bitcoins. And like prospectors who traveled west during the Gold Rush of the 19th century, many Bitcoin miners will find that they spend more on chasing the Bitcoin dream than they'll ever hope to win back.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/sg74qTw0FY4/
Bitcoin Miners Are Racking Up $150,000 A Day In Power Consumption Alone
There's a gold rush going on these days, or a Bitcoin rush, at least. Driven by the recent swings in the value of a Bitcoin, more and more people are learning about and becoming interested in the currency. While they could just buy Bitcoins at the current market rate, others are looking to try their luck at mining Bitcoins. And like prospectors who traveled west during the Gold Rush of the 19th century, many Bitcoin miners will find that they spend more on chasing the Bitcoin dream than they'll ever hope to win back.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/sg74qTw0FY4/
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