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Re: gump90 post# 3709

Friday, 01/17/2014 11:04:53 AM

Friday, January 17, 2014 11:04:53 AM

Post# of 60053
I don't mess around with any ATM's but I know about the one in Canada, which is amazing. I read a HILAROUS post on bitcointalk, I will hopefully find it for you and post it here.

I know you can rent out Giga hash/second from I guess a warehouse of mining gear, but never tried that.

The money is going to be in the cryptos, scrypt mining.

BTC = SHA-256 (Mined with CPU)
LTC/Crypto = Scrypt (Mined with GPU)

BTC is at the ASIC stage which means getting invested into mining gear for BTC will EASILY be $100k+ for it to even be worth your while.

On the other hand, there is no ASIC yet for Scrypt mining and I don't foresee ASIC chips until AT LEAST 6 months, and there will be pre-orders that start first, guaranteed. It is like BTC all over again, but I will be on the train this time =)
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