Quote:
Originally Posted by Slathar
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If you're just now getting into it you need massive amounts of money to make more money. If you're mining now, you're wasting your time.
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Was going to post this earlier. Its funny to see the same questions people were asking 10 years ago regarding "should I buy equipment" / "should I farm".
10 years ago we asked the same questions. It turns out, yeah 10 years ago, you should have invested 50k in farming gear and went to work. BUT EVEN 10 YEARS AGO, the insiders still had extreme advantage. The people with the connections to China equipment at wholesale dirt cheap prices were the guys making the real fast money because they recouped costs the fastest and when chip upgrades came out, they would have early access to them.
In 2017 you would need to spend mega bucks, have a GREAT location *cough not on the US power grid* and have a great equipment hookup in China to make it worth buying in.
These guys in this thread might make a few bucks...thats about it. Why not apply for SNAP/FoodStamps and sell them on the street? Or hey, if you're a real criminal that plays for keeps and doesn't have a problem with potential prison time, there is a big market in purchasing birth certificates of people from Puerto Rico who have no intention of entering the United States and "ghost entering" them and applying for 4-5 benefit programs of the 5 Puerto identities you bought. DISCLAIMER: I'm not saying anything that the mainstream media has not already informed the public on, and I am not suggesting anyone do this or explaining how to do anything. Get off my back.
but hey youll make more than you will farming bitcoin as a hobby. im giving a criminal example because farming bitcoin is arguably equally as desperate an act. That's right I said it. Bitcoin is DESPERATE.