StevenJTaylor Posted June 28, 2019 #1 Posted June 28, 2019 Cryptocurrency mining is painstaking, costly, and only sporadically rewarding. Nonetheless, mining has a magnetic draw for many investors interested in cryptocurrency. This may be because entrepreneurial types see mining as pennies from heaven, like California gold prospectors in 1849. And if you are technologically inclined, why not do it?
Etude Posted June 28, 2019 #2 Posted June 28, 2019 Uhm seems like to might be more well suited to be posted at the Cryptocurrency section instead of Stake section. Well on the topic of crypto mining I would say that a very powerful mining rig or even mining farm will.be needed im the present day to even make a reasonable profit that also consumes alot of electricity as cost.
williamshennie9 Posted June 28, 2019 #3 Posted June 28, 2019 Many people who want to mine bitcoins are looking for a get rich quick scheme, which is why so many scams exist. The reality is that mining hardware is super expensive, and it draws a massive amount of power, making it unprofitable for most people.
Kate Posted June 29, 2019 #4 Posted June 29, 2019 First of all wrong place to post such a thing it should be in Bitcoin Sub forum and second of all the tittle of the topic seems very out of context you ask something yet say something else.
Aazzah Posted June 29, 2019 #5 Posted June 29, 2019 To be honest with you, I think mining Bitcoin is a bit pointless. I just don't see the point in doing so. As you need some quality hardware to mine BTC.
Featured Comment
Archived
This topic is now archived and is closed to further replies.