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Thread: Bitcoin Mining

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  1. Jul 7th, 2015, 02:34 PM #2
    wossname
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    Re: Bitcoin Mining

    No. Just no. Do not do this.

    It is several years since the mining efficiency threshold was passed by. It now costs more than 1 bitcoin in electric bills to mine 1 bitcoin.

    Bitcoin is deliberately designed to be resistant to improvements in hardware power over the years. This is what gives bitcoin it's intrinsic value. They are hard to get and therefore they are valuable.

    The whole thing is a huge scam.
    Last edited by wossname; Jul 7th, 2015 at 02:43 PM.
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