Bitcoin Mining on Someone Else's Dime
So yesterday, during tech crew, I had a lot of time to talk with Pla about bitcoin mining. Basically, I had the idea of mining on someone else's dime for a while. For example, I could mine bitcoins through the school, or at the community center. He quickly became interested in the idea, and we ended up talking about it over the course of an hour. I told him that power was a huge limitation that would have to be overcome, and that was right. We figured out that something like an antminer s7 would use 600 watts, I don't know a ton about power, but apparently, on a 15amp circuit, I only have access to something like 1800 watts. That's like a mini-fridge and two desktop computers. So my bitcoin miner would be dependent on my roommate's mini-fridge. If its a 20 amp circuit, I'll get two of the ant miners. If it is still worth it, I'll start using them, and maybe get a few dollars a day in profit. Probably less, but anything would be still worth it. Assuming it is running 18/7, I'd get hopefully $5 per day, and I would pay off the power costs after two years or so. Then, the other two years its just like I'm getting free money. I just wish I would have gotten involved in this earlier.
Anyways, the thing is that it's not illegal to do this in colleges. It's not necessarily stealing. Although it's immoral, I wouldn't feel bad that my college tuition dropped from $20,000 to $19,000. Colleges still make way too much money anyways. They pull in tons of profit that they don't need, and I almost want to do this just to get back at them. The biggest problem is that the colleges wouldn't get punished. It would be all of the students who get punished instead by raised tuition prices.
I'm not sure whether or not I like Bernie Sanders. I know little to nothing about him except he wants to make higher education cheaper. I also haven't taken the time to really think through it. Would that raise tax dollars? Would state schools focus less on research? What are all of the consequences of cheaper colleges? That's what I want to argue with Clayton Webb about today, and maybe the readers of this blog that nobody reads.
Anyways, the thing is that it's not illegal to do this in colleges. It's not necessarily stealing. Although it's immoral, I wouldn't feel bad that my college tuition dropped from $20,000 to $19,000. Colleges still make way too much money anyways. They pull in tons of profit that they don't need, and I almost want to do this just to get back at them. The biggest problem is that the colleges wouldn't get punished. It would be all of the students who get punished instead by raised tuition prices.
I'm not sure whether or not I like Bernie Sanders. I know little to nothing about him except he wants to make higher education cheaper. I also haven't taken the time to really think through it. Would that raise tax dollars? Would state schools focus less on research? What are all of the consequences of cheaper colleges? That's what I want to argue with Clayton Webb about today, and maybe the readers of this blog that nobody reads.
