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User Info Fish! Fish, I Tell You, FISH!; entered at 2018-01-12 09:45:44
Posts: 379
Registered: 2011-11-15
So, umm... how does renting a bitcoin machine make sense? I mean, you don't need to do anything else, like in any normal business, you don't rent equipment then attract customers, buy or rent an office etc etc.

All you do is put in in your basement, turn it on, and run it.

So if this could brings more money than the cost to rent it, how come Kodak isn't simply running these bitcoin mining machines for themselves, instead of renting them out?

If it makes more money for Kodak to rent these machines out than to operate them themselves, it means they don't expect the bitcoin mining to make as much money as the rental cost (at least, in the long term), which means that it's a losing proposition for whoever rents them... or am I missing something?

2018-01-12 09:45:44