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re: Do any of you own bitcoin?

Posted on 4/27/15 at 7:22 pm to
Posted by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
64592 posts
Posted on 4/27/15 at 7:22 pm to
quote:

i mine it and other cyptocurrencies. i day trade too. i've doubled, almost tripled my ROI on the miners and done moderately ok in the trading.


I've seen some of the "mining operations" in data centers, and they aren't cheap, and just running them costs thousands, tens of thousands of dollars a month in just electricity for the servers and cooling them.

All to solve deep web riddles for monopoly money.

I don't get it.

But I'm open minded, if you can explain it to me a little better, or differently.
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