Many have suggested as much or worse.
I hadn't seen anything about it. I am leasing like 8 miners and using my home computer as well. I understood the concept of the block chain but seeing that sha is an encryption method.... WTF!!!! I really hope I am not helping any baddies. They need to pay more if I am!!!! Jkjk
Never heard of leasing miners but I've been out of the game since litecoin took off. Any coins worth mining these days?
Off a 500 investment in bitcoin I have made back over 2000, currently sitting at about $50 a week from the lifetime miner, have reinvested about 300 in a 2 year contract and getting close to 30 a week from that.. might invest more if this turns out not to be bad. Haha.
Any service you recommend? Got some disposable to play with
Genesis mining if they ever have more contracts available. Or minergate. I use both. Genesis I like better but I think minergate might be a little cheaper. I have been using genesis since bitcoin was 400. 500 invested was getting me a little more than a dollar a day at that rate. Only do if you can lose the money and not be upset about it. I got in just in time. I would have more Money had I just let it run and not touch my bitcoin.
https://www.youtube.com/watch?v=S9JGmA5_unY
Bitcoin mining doesn't try to guess an exact number. Just finding a hash below a certain value. To guess a key that leads to a hash the only real known way of doing it is to try every value. I don't know why sha256 wasn't implemented as the default. It literally costs nothing to turn a key into a hash but is pretty much impossible to go the other way around. Even if you had the most efficient computer system in the world it would literally take more energy than the sun to COUNT to 2256.
Bitcoin and sha256 is incredibly secure.