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Comment: Re:Or an economic drain? (Score 2) 595

by Naedst (#43449605) Attached to: Is Bitcoin Mining a Real-World Environmental Problem?

Solo mining has been shown to be marginal once you take into account depreciation of your computer. But sure, assuming that you have spare GPU cycles with your rig and it's just sitting there powered-up then why not have it generate some coin. But your talking about making ~$0.75/day in revenue, and running the algorithm will increase your electricity costs.

Bitcoin mining, like real mining, only really becomes profitable when you have economies of scale. So you need more rigs dedicated to mining for bitcoins. Maintenance/repairs, labour and rent start to come into the picture then (assuming you buy the rigs yourself). This is what I was referring to.

Comment: Re:Or an economic drain? (Score 1) 595

by Naedst (#43448573) Attached to: Is Bitcoin Mining a Real-World Environmental Problem?

That's not a profit margin though. That's one of the variable costs going into your operation. Add in any other variable costs and your overhead (not to mention your CAPEX), factor in the ridiculous variability in the bitcoin prices and pretty soon it's hard to see why anyone would seriously consider bitcoin mining for profit unless they have (free) access to many idle machines.

Comment: Re:Soooo (Score 1) 982

by Naedst (#32008064) Attached to: Terry Childs Found Guilty

Pedophilia? Bespeaks a permanent scumbag the rest of us have zero reason to care about. Time doesn't change everyone.

Pedophilia by itself is not a crime; it's a mental illness. And treating pedophiles as criminals even though when they've never broken the law means they are less inclined to seek professional help for their problem. Like you say, time doesn't change everyone, but treatment may mean that they're less likely to every act on their impulses.

And for the record, IANAP.
 

Comment: Re:FUCK ARTISTS (Score 1) 685

by Naedst (#26914141) Attached to: Pirate Bay Day 3 — Defense Requests Dismissal

Your right, that is what I meant by pirated material.

Your analogy is more fitting but I wanted to keep the context based on the real world, as the parent tried to do.

On a side note, although IANASL, I don't think tpb have done anything legally wrong. Technological advances require industry to adapt or perish, and it's easy enough to see which is happening to the RIAA/MPAA.

Comment: Re:FUCK ARTISTS (Score 1) 685

by Naedst (#26913067) Attached to: Pirate Bay Day 3 — Defense Requests Dismissal
Your comparison would be more apt if H&K or Smith&Wesson made guns that were predominantly used to kill people, as the torrents indexed on TPB are predominantly for pirated material. Damn it, see what you've done? Now it looks like I'm defending gun manufacturers and opposing TBP in the same sentence!

Neckties strangle clear thinking. -- Lin Yutang

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