Why are there no discussions here anymore about mining bitcoins?
no one can afford it you retard
It made sense when it was $2k. I'd wait till March for that
Mine it partially from every device incognegro
Shut up bitch
It's not possible to compete with chinks and farms on energy cost.
Beacuse haircomb is the natural quantum gas
Now, now. Why in the world would we want to talk about the most detrimental factor of Bitcoin?
Why, there's nothing to say! Please buy more.
It's a net loss
Because chinese can't post here
Vitalik is always talking about minors
It's cheaper/better to asic ETH
mining bitcoin is a great way to acquire bitcoin under the radar. Saying it's too expensive is retarded if you also think line will continue to go up.
how easy would it be to make money if you could get electricity for free and put 20k into hardware setup costs?
this
you can't stay in business for long after spending 4 grand per ASIC which makes $2 after electric cost.
>Spend $1 to acquire something worth $0.75
>not retarded
if you want to sell immediately but if you're willing to wait a few years untraceable bitcoins will sell otc at a great premium
If you have a renewable energy source on your home that produces more than you can use/store, is mining btc a viable way to monetize it?
Spending a bit more to make your money harder to trace is how money laundering works.
You pay a high markup if you buy bitcoin without kyc too.
Because BTC has just about reached its maximum volume. It was a finite resource from the start and soon mining won't be possible anymore. Right now it's already impossible to economically mine some anyway.
yeah could be good arbitrage.
If you have this opportunity and do NOT mine, you are a retard.
mine monero then dummy
I'm pretty sure you can sell extra power to the power company so they end up paying you. So mining has to be worth more than that.
Get telegram and message me, ill red pill you on Mining : @L00015
Varies by state. Some states don’t allow it because utility companies lobby hard to shut that down. They were worried a growing number of solar users would cause large fluctuations in energy need that would make running a utility less profitable.
Why not just drop your red pill here user?
Because people build entire data center with trillions of times the hashing power of some amateurs rig. The best you can hope to do is join a mining pool but even then the pay out probably isn't worth the electrical bill unless you live somewhere where power is extremely cheap
This This This
bump
How do you intend to not get caught though? The electricity rate will skyrocket and its very loud and hot. To answer your question you might break even after like a year