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.
Nobody should listen to this guy, he's a complete crackpot and probably has illegal shares in the CIA and the Illuminati.
His handsome demeanor should be disregarded, also.
Edit: Can someone lend me $15,000 please? I'm asking for a friend you see...
Last edited by wossy; Nov 12th, 2020 at 04:13 PM.
On the bright side, I've still got pessimism and despair to fall back on.