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RE: “Jack and the Beanstalk” is Really a Bitcoin Story
Sweet comparison. I just need to find a goose that gives me one bitcoin a day and I am set!
Sweet comparison. I just need to find a goose that gives me one bitcoin a day and I am set!
Such goose exists. It’s called ‘bitcoin miner’. ;)
Mine only gives about 0.0035 BTC per day, but – hey, it’s a start! :D
Not bad to get one every 286 days when your electric is included!
@oleg326756
excatly! Steem is one of my geese, too :)
True!
Probably be better off just buying BTC and holding for a return to be honest.
Miners aren't meant to make miners money.. But the guys selling the shovels.
I know this because I was actually around BTC when you could still mine it on a PC... Then I moved to ASIC miners before realizing it was no longer a game for hobbyists. :/
Yes, I will probably not make any profits from my home mining operation. Or, if I do, it will be a very small one, less than 1 BTC. So you are right: for me, at least, buying BTC on exchange and holding is a much more solid strategy. Mining is just an experiment and a fun way to learn more about how Bitcoin works. However, if I manage to sell my miner after it has earned a share of the price I paid for it, I might end up with a small profit.
Please check my latest weekly update for more details on my mining operation: https://steemit.com/mining/@oleg326756/mining-bitcoin-at-home-week-10-update
Atleast you're aware of this. Keep us updated on the mining!
I know I only ROI'd after selling my Antminer S1's for a bit more than they were actually worth.
yes!