Poor Man’s Bitcoin Mining Rig Update 3x
Image by brownpau
Three ASICMiner 300MHz Block Erupters in an AmazonBasics hub with a fan. Each miner actually performs at over 333 MH/s so the full setup gets a modest 1GH/s, about 0.0008 BTC/day at current difficulty, uses about 10W energy. (The tape is to keep the hub from tipping over from the weight of the fan and miners. And yes, I know how embarrassing this looks; I use the word "rig" with no small sense of self-aware irony.)
The CFPB, the government agency overseeing consumer protection in the financial sector has not included bitcoin and other virtual currencies and related products from its new prepaid regulatory requirements. Virtual currencies like bitcoin and related products are outside the scope of a newly amended prepaid regulation [PDF] by the Bureau of Consumer Financial Protection (CFPB), a […]
The post Bitcoin Escapes ‘Stifling’ Consumer Protection Authority’s Prepaid Regulation appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Bitcoin Escapes ‘Stifling’ Consumer Protection Authority’s Prepaid Regulation
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