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Why Bitcoin Miners Will Never Make Money




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Название :  Why Bitcoin Miners Will Never Make Money
Продолжительность :   14.12
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Просмотров :   80 rb


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Jean-François Turcotte
This is a giant waste of precious electricity and electronic components Just imagine what we could have achieved if all these resources had been put toward productive areas of the economy
Comment from : Jean-François Turcotte


jackofallglass
Asics really destroyed the way bitcoin mining was supposed to work, it allows bitmain to be the only producer of the machines and they can set the price to whatever they want bitmain is basically scraping up all the mining profits in the cost of there hardware eventually they'll go out of business once all these big farms fail and allowing a mining company to be traded on the stock market is disgusting its supposed to be decentralized, like it was when people were CPU and GPU mining BTC back before 2012
Comment from : jackofallglass


Stephen Brown
well i use a cloud mining service that makes 06 monthly , say no physical mining
Comment from : Stephen Brown


David
Investing in Bitcoin miners will make you money The stock price of miners move with the price of Bitcoin You pointed out miners like MARA and RIOT are not profitable Which is true but if you look at the stock price of MARA in the beginning of 2021 it was at $11 By the end of the year the stock price rose to $77 The same can be said about RIOT
Comment from : David


Jackson Silva
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Mrs Maria Reyes
Comment from : Jackson Silva


Dan San
Never is a big word dude do you see the future?
Comment from : Dan San


Mikey8247
Ok, thanks for that 14 mins of wasted time i'll never get backmillennial indeed!
Comment from : Mikey8247


Phlegethon
This is one of the most idiotic concepts devised this century and we’re only a fifth of the way through
Comment from : Phlegethon


Thomas Mooney
can someone educate me on solar cloud farms?
Comment from : Thomas Mooney


Twin
ah because it's worthless to begin with?
Comment from : Twin


Active Reading
I think 2011 to 2019 was the best year to mine bit coin
Comment from : Active Reading


Greg Miranda
Minors will never make money They make me money, and lots of it Minors are not a stock you want to hold for the long termIf you know the market, it’s simple, buy low sell high It’s a no brainer I will make another fortune in 2025 My pick for this Halving is Cleanspark Minors outperform Bitcoin on average 3:1 So basically if Bitcoin goes up 10x, minors will go up 30x Look it up
Comment from : Greg Miranda


Lorenzo Martinez
Uuuuhhh who is this accountant that depreciates land?
Comment from : Lorenzo Martinez


TheMightymolar
At least we're burning fossil fuels to do make useless "assets"
Comment from : TheMightymolar


Dark Judge
Sowhat is the economic benefit to the world of Bitcoin mining? I mean gold has uses, what is actually produced here?
Comment from : Dark Judge


Harry Mamboro
Depeciation and Difficulty Level doubling every 2 years will kill your profits
Comment from : Harry Mamboro



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