Caketh
Joined 13 years ago
Karma
15
Submissions
5
Member since
Jul 23
Recent submissions
Comment · 12 years ago
I would hazard a guess that that was when global routing table hit 512K routes and crashed a few hundred ISP routers worldwide? That might have been earlier in the year though.
Comment · 13 years ago
Ouch. Thanks for the information.
In addition, that second link helps us work out what equivalent hardware at home we could use to accomplish a similar (non)return. Purchasing an AMD HD7970 graphics card, with a hash rate of 0.7MH/s, and mining with that could arguably be cheaper in the long run
Comment · 13 years ago
Yes, that is true. My post was assuming the price of LTC did not change, although over the past 2 weeks it hasn't ventured very far north of of $24 or even very far south $22.
http://www.ltc-charts.com/period-charts.php?period=2-weeks&r...
Comment · 13 years ago
Lets quickly do the math on this.
At the time of writing, Litecoin is at $23.50 and Bitstamp is showing Bitcoin at $821.
The cost of the lowest service is 0.75BTC pa, which works out to be $615.75 per year.
615.75/23.50 = 26.2021276596
At a rate of 0.5 MH/s, we're looking at 0.12406948 LTC a day[1] at the current network difficulty.
So, to mine 26.2021276596 LTC, it would take us 211.1891470779115 days. That came out a lot quicker than I thought it would, but still an exorbitant amount of time.
LTC is not my interest or strong point, so if there are any errors, please let me know so I can correct them.
[1] https://www.litecoinpool.org/calc?hashrate=500&difficulty=38...
Comment · 13 years ago
For the commenter's applauding Jimmy Wales' new language skills, he's referring to the story of Amy Mather and her adventures with python and the Raspberry Pi. Linked video: http://www.youtube.com/watch?v=a35XINnYFtA