re: Do any of you own bitcoin?

my bitcoin miners are asics... antminer s2, s3+, and s5 specifically. nobody cpu or gpu mines sha256 algorithm (which is bitcoin) with that or fpgas anymore. there are plenty of scrypt, x11, x13, qubit, etc, etc algorithms you can still mine profitably with good gpus. i won't lie, drugs got me into cryptocurrency... but my love of math and shite has pushed me further down the wormhole.
there are lots of alternatative cryptocurrencies besides bitcon, referred to as "alt-coins" i equate them to penny stocks, most are pump and dump and don't survive 2 months on an exchange. the are several good alt-coins, but none are close to surpassing BTC yet.

if you guys have any serious (or actually funny) questions about bitcoin or the general mining process i'd love to try and answer. i'll give a quick overview of what mining is. basically you have a machine (be it a gpu or an asic rig like mine) trying to solve an advanced math problem. the more people trying to solve the problem with increase the difficulty of the problem. bitcoin is set to be solved 1 time every 10 minus. the solution aka block, is then broadcast through the network and work starts on the next one. all the previous blocks and transaction within are put on what is know as the blockchain. each block is built from the previous block's information and transaction creating a seamless flow of transactions. if blocks are being found too fast or too slow due to luck and or network hashrate (volume of people solving the math problems) the difficulty will adjust accordingly. with bitcoin that is every 2016 blocks, and theoretically at 10 minutes a piece take exactly 2 weeks.