I have purchased ONE CENT (one bit penny) also known as One "Satoshi".
I have purchased ONE CENT (one bit penny) also known as One "Satoshi".
after all the shit you gave @walrus? Bitcoin is finished , Litecoin is taking over, its all wrong, yadda, yadda.
Former Undisputed 4 belt Prediction champion. Still P4P and People’s Champion.
You better not think about mining. You know how much it cost to mine 1 Bitcoin now? It uses enough electricity to run a full City like New York for 3 days
No brock, mining a single Bitcoin does use a lot of electricity and the advent of crypto has greatly increased power usage around the world. Each time a coin is made the next one is more complex and increases energy use. Total crypto mining uses enough electricity to power a small country but one Bitcoin wouldn't power NYC. Coins other than crypto are more efficient but still require power.
I was reading Amazon is considering creating its own crypto currency and people think that would be the end of Bitcoin. Having said that they have been predicting the end of Bitcoin for years so who the hell knows. I am impressed it has been making a solid base lately but tbh everyone is talking about it now which I'm not sure is a good thing.
problem is with mining you really need a good computer. pretty expensive but some after a 6 months you paid of your computer if you buy a new one. but the problem is ether is gonna stop the mining in the near future so im not sure if its worth mining but there Is heaps of other cryptocurrency.
Not only do you need a good computer and a huge source of electricity but you have to have all the software required because you need so many different kinds of software to use in synchronicity
Dude fantastic, I got a few etherium right before it jumped. I'm concerned with the cme getting into Bitcoin but it has had a positive reaction and futures contracts are up. Dude I'm really looking into litecoin mining. I know u are a rich dude but if I could talk to u about cost of a rig and how u got started I'd be very grateful. Litecoin has a great team behind it. @Xwetie
@Xwetie I also got litecoin but flipped it when it jumped so I really speculated on it but I think it's good to hold
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