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RE: Thankful Still...

in #esteem6 years ago

Golly. It seems I did hear something about the crypto prices :)

I'm going to make a confession here. I get a small payment from my mother's estate every year about this time and had planned to build a hobby grade currency miner. Not much, budget of $750, and lots of material for posts as I "learn by doing".

Not happening. For several reasons, price driven for the most part, it just isn't even remotely viable. DOA. I didn't harbor any illusions of making real money but I did/do have the illusion of 'break even'.

I'll probably post about this whole deal in the very near future, but right now I am leaning towards putting that money into BTC to hold.

I don't know that the price IS going to rise. Nobody does. Right now, the etherum block reduction is having an effect on the prices. Miners (big miners) are scrambling to find a coin that will pay their electric bills and are just flooding the landscape.

So. Am I thankful? You damn betcha. I have a place where I can write and be appreciated for it (if not exactly paid :) ). I have people that I like that I can exchange ideas and commiserate with.

And for the record: Thanksgiving started as President Lincoln's call for a day of prayer following a catastrophic battle in the Civil War. It's grown into what we have now.

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Yeah, I am pretty happy about the connections and relationships I have made here. Quite honestly it was all really a by-product. While I am very interested in cryptos and blockchain, I don't try to hide the fact that I was drawn to it by the idea of making some money. I got in way to late, with way too little money to ever change my life with it though. My bet was always on some kind of lottery type boom that would suddenly give me a windfall. Now that I understand it more, I just don't see that happening. It's more of a long term thing than I had anticipated. I don't think mining is very profitable on many levels anymore. Thanks for the comment! :)

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