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How to transform electricity into money ?

Discussion in 'CryptoCurrency' started by newklear, Apr 5, 2014.

  1. newklear

    newklear Registered Member

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    I was reading about bitcoins and shit, when I suddenly realised I basically get free electricity in my place and I should transform it into money. From a few discussions it came to my understanding that if I want a good profit, I need to invest a lot in ASIC miners and other stuff and there is a lot to learn about cryptocurrency too(I'm gonna be sincere here, not like others who are "busy" > I'm lazy as fuck with everything that doesn't involve designing, sleeping, eating or sex).
    So I ask you guys: how can I transform this very cheap electricity into money? Give me few ideas or a very good one.

    BTW not sure if it's an issue, but this electricity comes in 220V, not like American electricity
     
  2. Macthetrix

    Macthetrix Regular Member

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    As soon as your landlord notices the high electricity bill he will kick your ass outta there
     
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  3. newklear

    newklear Registered Member

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    i don't have a landlord and my electricity is nothing illegal. I pay electricity but it's 1/8 of normal price
     
  4. Birdz

    Birdz Regular Member

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  5. sonicpunk32

    sonicpunk32 Regular Member

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    I don't know about designing. But how can you transform sleeping into money? University funded sleep study. How can you transform eating into money? hotdog or pie eating competition. How can you transform sex into money? Get a penis enlarger and some viagra and audition for a porn video.
     
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  6. newklear

    newklear Registered Member

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  7. newklear

    newklear Registered Member

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    don't worry about that, I get pleasure from these things, I'm passionate about them, especially sleeping. nevertheless, I have an almost free resource that I don't know how to transform it into money.
     
  8. SocialMediaManager

    SocialMediaManager Elite Member

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    Bitcoin mining is like you invest in future and these days mining is no easy game you need gigs that cost thousands and thousands of dollars investment on them will be only profitable if bitcoin crosses 2000$ mark tomorrow

    if you have that money patience and you can setup a rig and run it then what were you waiting for ?
     
  9. gkb46

    gkb46 Newbie

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    In my place above said everything is money. Just look who want sleep/eat/relax/sex/electricity give it back to him.

    thanks
     
  10. mackay22

    mackay22 Regular Member

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    get yourself setup with a HPS lamp or 2, and start growing something indoors ;)
     
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  11. Fumuru

    Fumuru Newbie

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    Don't know how it is currently, but half a year ago the mining of Litecoin was really profitable.
     
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  12. newklear

    newklear Registered Member

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    That's quite a good idea. But I think it takes too much time and a lot of space. Considering the risk too, it's better to invest in mining cryptocurrency.
    But that's not what i'm looking for guys: I need some idea, or some kind of appliance like "set it and forget it".
     
  13. SocialMediaManager

    SocialMediaManager Elite Member

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    Well too much work to setup before forgetting and bitcoins start automatically rolling in your pocket
    why dont you try to find a method to auto setup too i mean why wasting so much time and money to even setup ?

     
  14. mancar487

    mancar487 Jr. VIP Jr. VIP Premium Member

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    ......................................

    esc00.gif
     
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  15. ChapoGuzman

    ChapoGuzman BANNED BANNED

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    NO such thing as free electricity. Utilities included but once you run up the bill you guys are gonna have a talk.
     
  16. thewierdkid

    thewierdkid Newbie

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    build an electric chair and open your own exterminator business

    e.g $500/execution
     
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  17. SwarleyStinson

    SwarleyStinson Newbie

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    Candyfloss vending machine outside your front door or an electric vehicle charging station.
     
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  18. myinternetempire

    myinternetempire Jr. VIP Jr. VIP

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    Bitcoin mining is dead. You can only make money though BTC mining, if you have free electricity. You have the free electricity. So it is like a lottery. keep mining and convert electricity into money.
     
  19. DavidAD

    DavidAD Junior Member

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    I dont know if it's a good time to invest in crypto-currencies, the market look pretty bad.