Hi, i'm a young, dumb pleb who's a little late to this bitcoin thing. Please explain to me like you would a child how relevant/profitable bitcoin mining is in present day and how to into it. Please be merciful
>>1512864
pic not related obv
>>1512864
It isn't at all relevant or profitable these days. Unless you own a huge server farm with massive computing power, mining will cost you more than it will earn you (by a lot).
>>1512875
Word, and what are all these crytocoin threads about then? Are anons making money off of this stuff? Again, I'm a super noob. Any recommended explanatory articles or videos would be appreciated as well.
>>1512864
>>1512875
look it's possible to make money in West Virginia if none of your antminers break. but the margins are not great and if some of them break before they pay for themselves your fucked. just stay out of mining bitcoin unless you have some serious capital.
if you really want to make money, buy the $1700 antminer s9s on alibaba and sell them for $2,000-$2,500 here in usa. assuming they actually ship to you.
>>1512878
Trading crypto.
It's like trading stocks.
Except you're dealing with smaller amounts of money and a lot more volatility.
>>1512864
dont mine bitcoin.. unless you live in 2010
those days are gone