Mining crypto

Cowlife

Member
Not sure which section to put this in so move if appropriate.

A friend with cheap electric from his renewables is considering buying a Gpu mining rig to mine cryptocurrency.
It's through a crowd in England called Easy Crypto Hunter.

Has anyone any experience of this sort of thing or know the company?

TIA
 
It’s a bit like that gold mining program where they shift tons of soil with the biggest machines they can find to produce a test tube of gold dust
Crypto mining shifts tons of data with electricity to produce a test tube of fragments of crypto currency i think margins are like farming sometimes good sometimes bad but the weather always has the last say
 

Will Wilson

Member
Location
Essex
I have been reading about the historic gold rush in America, apart from very few early gold finds by pioneers the real winners were the rights agents, the gold dealers, the shovel makers, the General stores, the shipping companies, the timber merchants the brewers, and the wh*rehouses.

It doesn't sound like he will be any of the above.

Check this one out -
 

Cowlife

Member
I have been reading about the historic gold rush in America, apart from very few early gold finds by pioneers the real winners were the rights agents, the gold dealers, the shovel makers, the General stores, the shipping companies, the timber merchants the brewers, and the wh*rehouses.

It doesn't sound like he will be any of the above.

Check this one out -
I d always heard that said that the guys selling the shovels made the real money in the gold rush
 

Chris F

Staff Member
Media
Location
Hammerwich
Turn money into nebulous "magic beans" folk ascribe value to on the basis that Elon musk tweets about it.
That's a pretty accurate description. If you hard started in 2008 - you'd easily be a millionaire now (possibly billionaire). The time has passed for making easy money.
 

Donkey Oaty

Member
Location
Aberdeenshire
If you can make it yourself, it can't be worth much.
No. I'm not doing it , but am aware that you can buy units powered by solar panels, set them up in the desert and let them get on with it.
 
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Could a ‘Meat Tax’ be on the cards in the UK?

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Written by Richard Halleron from Agriland

The latest machination coming from the so-called ‘opinion formers’, who seem to have the ear of government advisors in London, is the introduction of a ‘Meat Tax’ at consumer level.

This approach, it is argued, would have the combined impact of reducing meat consumption levels (I can really see the health benefits coming through now), while also helping to reduce the overall carbon footprint of production agriculture.

What absolute drivel! In my opinion, none of this makes sense at any level. This is a scurrilous and unfounded attack on livestock farming in this part of the world.

Yet, it has to be taken seriously. I make this point because economists at Rothamsted Research have already crunched the numbers where the introduction of a ‘UK...
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