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Comment on Can I Make a Living Off Bitcoin Mining? Probably Notparent

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A combination of the two. Power costs plus wear-and-tear on mission-critical components weren't outweighed by the tiny amounts of money we'd make.

To be fair, there's a bit of a conflict between the best rendering hardware - Nvidia, because of CUDA - and the best mining hardware - ATI. Obviously, I'd have been mining on NVidia. However, the numbers didn't even make much sense using ATI.

Bitcoin mining has been screwed because of the dedicated hardware, which has meant a flood of miners into Litecoin - which has proceeded to screw the Litecoin ecosystem too.

I shall keep an eye on the situation - I suspect there will be pockets of opportunity in the future. But right now, not so much.

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