Rfreakrob kelvin
Rfire
SManaged servers (From a host) also have the benefits of if you don't know what you're doing, then you get it handled for you
Sat 1000x the cost
Smore like however much it costs to run your pc 24/7 per year
SThat's literally what you're paying for
οΏ½By the way it's @yes who asked, so... :U
Sif you have no idea what you're doing or how to set up a server then you're paying for the convenience
Rbro wtf is :U
οΏ½You asked about Dedicated vs Normal.
Salso yeah it's 1000x the cost because most hosts rent hardware
οΏ½ur dad :U
Sand renting is expensive
Sa decent dedicated machine in the US is 100/month
Sso they have to offload that cost to the customer
οΏ½You better be writing this all down.
Si can build a 500 dollar pc to run my server and when im not using it i can mine bitcoin on it and even if thats only like 10 dollars a month thats still no operating cost and itβll eventually pay itself off
SI run my own little host
οΏ½Smoke's goin' above and beyond educating yo sorry ass. :U
CFor free
SYes you could
Sbut it's also a 500 dollar upfront cost
SSand most businesses spend more than 500 dollars on a server
Ssince they use racks, etc
οΏ½I mean you could mine bitcoin and run the server on it at the same time assuming the mining method is GPU based only.. olol :U
Sbut a lot of pool miners use CPU and RAM too
Sso you'd have to be doing it all on your own which is slow as hell without an ASIC
οΏ½But mining these days is pointless, you may as well just buy a chunk of NRG or something, stake it and host a node.
SI wouldn't say it's pointless
Sit's just you need a lot of investment capital
Sfor it to be profitable
Slike you already need to have tens of thousands of dollars
Sto profit off it
Sthere's some guy making 1 mill a year off mining
οΏ½yurp :< I gave up on it personally, my hands were pretty sticky. :U
Sbut he spent close to 20 grand on all his equipment
οΏ½I doubt that he's making a million from mining just from 20k worth of a rack.
οΏ½I mean, maybe like 5 years ago
Snot the racks
SI mean all the accessories
SI don't remember exact numbers either
Sso
οΏ½Eh :U
SYouTubeiWonder
Bitcoin mining is a hot topic these days so I meet up with JP Baric to figure out what is bitcoin? How the 23 year old grew his business in the bitcoin mining world. JP is the founder and CEO of Mining Store. He has been an avid bitcoin activist since 2011 and has been a key player in the crypto mining space for almost five years. His mission ...
οΏ½Guys buy into SOTFcoin
S1 million a month