Bitcoin Mining

>>58094301
>is it worth it
no

>>58094319
this
It's too late unless you got a 100k setup to mine BTC

>>58094301
Buttcoin mining isn't profitable unless you have mad dosh already.
Said money being used to build a huge ASIC server farm since it is the only way to make any money.

More to the point, the reason you can't make money on small setups is because the power you will be burning through will cost you way more than the gains from Buttcoins.
Sure, you could mine if you want to. You'll not get a decent return off that single coin for years, if ever.

Unless you gave totally renewable power, don't waste time.
Just buy them with real money and watch those fucking charts like a hawk for the ups and downs.

>>58094365
So I thought it is about solving math problems? How come someone with more processing power can beat someone with a math degree?

>>58094386
your setup will do math, lots of it really fast
a human could never compete

>>58094420
but if i solve for x I can plug it in the database to get infinite bitconins?

>>58094301
>is it worth it?

Only if you get all the equipment for free and live somewhere with cheap electricity. The only people who can earn money on it are people who have massive warehouses filled with bitcoin mining equipment that they already have gotten their moneys worth years ago.

>>58094420
>>58094596
So essentially, its nothing about how smart you are, its just how good of a set you have? So you could literally have a warehouse and just sit at home all day and the money will rake in?

>>58094786
Yes, but only if you already have it. I am pretty sure it is impossible to buy equipment and a warehouse and be able to make money on it, no matter how much you start with. The equipment and electricity wont pay back in your lifetime. But if you already have paid for all the equipment and the massive warehouse full of it and maybe you own a powerplant to run the whole thing then it might still give you a slight profit.