My dad wants to spend thousands on bitcoin-mining hardware. How do I convince him this is a TERRIBLE idea? He's talking like
>"Son, bitcoins are on the rise, they could be worth 4k each soon!
What do /biz/?
>>2059024
kill him and fuck your mom
/thread
>>2059024
just tell him to spend the money buying bitcoins instead
>>2059071
This. If he's gonna do it either way, might as well go with the direct route.
why not mining . i thought about a cloud mining service where i pay 60€ a month
Show him a youtube video of a chinese bitcoin mining operation and tell him that he has to compete with 1,000 of those.
>>2059024
Don't buy bitcoin mining hardware. It's worthless for anything other than bitcoin mining. Build mining rigs with graphics cards and mine alt coins. Turn percentage mined into BTC. Profit.
>>2059024
look for some mining pool scam horror stories and show him.