Following my previous post on bitcoin I’ve start mining with ASIC to continue playing the technology. I’ve started with a small USB ASIC providing 2GH/s. This is equivalent to 200 times the power of my Xeon server and it was really easy to install, running on a Raspberry Pi to simplify the usage.
This post details this experience and gives some advices for one wanted to experience mining.
I do not count the time I looked at Bitcoin in the past since about 2011-2012. Every time I started thinking about mining there was an investment to do (like GPU, then ASIC) and I never trust enough this money to make this investment. So as a consequence I never jump into this techno by the past, more than to understand how it works and learn.
Now Bitcoin in reaching some unexpected peaks ( > 15,000€ ) and it really looks like a bubble everyone is talking about, so as a mad man, I through it was the perfect time to start playing with this money. Trust me, as a guy who started investing in Internet technologies in 2001, you may never follow me on such decision !
Starting playing with this was an interesting learning opportunity, so this post will relate this experience and the different things I found in the bitcoin ecosystem.