Bitcoin Mining isn’t totally unheard of on Global US Armed Forces Bases

Bitcoin Mining isn’t totally unheard of on Global US Armed Forces Bases

A 30 year old in the US Air Force, stationed in Korea, mines bitcoins in his dorm room.  He mined in the US from his own apartment before being deployed.

He doesn’t pay for the electricity. “If [the brass] makes a fuss,” he says, “I will see if I can come up with an arrangement to pay for my own electricity.” But so far, no issues.

“If I can break even, I see it as worthwhile,” the USAF member, who wishes to remain anonymous due to the nature of his work, says. “So, if I were trying to run a profitable mining operation, I don’t think I could compete with China. But since I’m looking to break even, and that’s it, I think I’m doing fine.” The member of the Armed Forces argues that, while the Chinese must make a profit, he doesn’t.

“Large scale mining operations in China must make back their investment, or they won’t be able to get the loans for new hardware they need,” he says. “Since I can operate at a small loss, and still contribute to the decentralization in Bitcoin that I want to see, I see it as a win.”

He knows quite a few people who operate GPU mines. “I actually bought my S4 off of a guy in the Army who was doing Bitcoin mining.”

GPU mining is the lower investment, higher return option right now. “But, I think Bitcoin is going to be the most important crypto-currency long-term, so I intend to keep running one Bitcoin miner constantly.”

Why mine without a profit?

“I don’t want China to have too much influence over the Bitcoin network,” he says. “Theoretically, if China had 51% of the network, they could drastically destabilize the network. And given that China is so authoritarian, I could see them specifically making laws that force miners to choose specific hard-forks, etc.”

The Army man mines on and on the Bitcoin Classic fork.

“If I were to just buy Bitcoin directly, I wouldn’t be able to influence which way the fork would go,” he says. “Given that it’s only about $1.50 a day in electricity, and I essentially break even, it’s similar to getting a vote in the fork, and also purchasing Bitcoin on an exchange.”

He doesn’t believe it should affect his standing in the military.

“The military is actually surprisingly tolerant, and Bitcoin has mostly shed its reputation as being money for buying drugs,” he says. “It’s too mainstream now for it to carry the same stigma.”

23 Comments on "Bitcoin Mining isn’t totally unheard of on Global US Armed Forces Bases"

    Hey there! This post could not be written any better!
    Reading through this post reminds me of my good old room mate!
    He always kept talking about this. I will forward this article to him.
    Fairly certain he will have a good read. Thank you for sharing!

    certainly like your web-site but you need to take a look
    at the spelling on quite a few of your posts. A number of them are rife with spelling problems and I in finding it very bothersome
    to tell the truth however I’ll certainly come again again.

    I am extremely impressed with your writing talents and also with the format in your blog.

    Is that this a paid topic or did you customize it your self?
    Either way stay up the nice quality writing, it’s rare to peer a great blog like this one

    Теперь вы можете зарабатывать Биткойн прямо в браузере! Хотите верьте, хотите нет – но вы в 1 клике от уникальной возможности получать пассивный доход онлайн. Жмите на ссылку – и начинайте получать деньги!

    Hmm it seems like your blog ate my first comment (it was super long) so I
    guess I’ll just sum it up what I submitted and say,
    I’m thoroughly enjoying your blog. I as well am an aspiring blog blogger but I’m still new to
    the whole thing. Do you have any tips for rookie blog writers?
    I’d really appreciate it.

    Друзья, недавно я открыл для себя отличный способ заработать и спешу им с вами поделиться! Я пользуюсь им уже несколько недель и результаты меня очень радуют! Я зарабатываю в Биткойнах и получаю платежи прямиком на свой кошелек. Скачивайте тут –

    I don’t even know how I ended up here, but I thought this post was
    good. I don’t know who you are but definitely you are going to a famous blogger if you are not already ;) Cheers!

    Its like you read my mind! You seem to know a lot about
    this, like you wrote the book in it or something. I think that you could do
    with a few pics to drive the message home a
    little bit, but other than that, this is wonderful blog. A great read.
    I will definitely be back.

    I’m impressed, I must say. Rarely do I encounter
    a blog that’s both educative and amusing, and without a doubt, you have
    hit the nail on the head. The issue is an issue that too few men and women are speaking intelligently about.
    I’m very happy I stumbled across this in my hunt for something
    concerning this.

    It’s really a great and useful piece of information. I am satisfied
    that you shared this helpful info with us. Please stay us up to date like this.
    Thank you for sharing.

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Precious Metals Data, Currency Data , Precious Metals Automated Product Pricing Powered by nFusion Solutions