Yeah, this is all kinda what I figured anyways. The GTX 780Ti video cards each suck A LOT of power which is why I needed not one, but two 1500W power supplies just to power the suckers up in quad SLI mode.
So yeah I can easily see how much power it would cost me to operate this system with the video cards running 100% max 24/7, let alone the cost of adding all that stress which will likely shorten their lifespan drastically. You guys are definitely correct, this bitcoin shit ain't worth the time or the money.
I guess the only type of setup where it would be worth the investment would be if you happened to lease a few hundred servers in data centers for shared website hosting or just in general for hosting headless VPSs. In this type of a setup the onboard video card wouldn't be in use for anything and even though they're generally a piece of shit if you had a few hundred of them sitting idle then at least they could be put to work for something. Then again, if you owned a hosting company with that many servers leased out and that many customers you would be making enough money from that alone that you wouldn't be worried about making stupid bitcoins, lol
I do believe that BitCoin does have a place in the world, a truly virtual currency that operates on a self-reliant P2P network is most certainly the way of the future. Ever since Bretton Woods the world currency has been based off of pure bullshit without any standard backing such as gold.
So I guess my only problem with Bitcoin is that there is a set limit of supply and that eventually they will no longer produce any more. I think shortage of currency paired with growth of population equals out too this being a real issue. Therefore I do not see BitCoin as being the dominant virtual currency of the future. Eventually what will need to happen is the two dominant currencies of the world (USD & EU) would need to bond together with their own new generation of virtual currency that is controlled by an international consortium, some what like the UN of money.
But hey, I'm certainly not by any means an economist or financier. I'm just a computer nerd who just completed building a fucking insane computer for himself and is just looking for some cool new ways besides gaming to use all my new resources