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What's the profit of mining crypto currencys or investing

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Thread replies: 18
Thread images: 6

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What's the profit of mining crypto currencys or investing so much into buying gpu's? There are so many out there like Bipcoin, etherum or dogecoin and so on... Why would you mine them, where can you spend your mined coins?
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In case you have to pay for ransomware
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You mine them now when it is still easy and hope one of your memecoins becomes popular like bitcoin.
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>>60594406
But what will the ransom devs do with the money then, except buying drugs and what will the drug dealers then do with they're coins?
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Bitcoin mining can be very lucrative if you have a powerful PC. I only started sunday and I already made $20 doing no work.
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>>60594430
Lmao but people are investing like idk over 1000 $/€ for fucking gpu's. I mean that's just a waste then...
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>>60594455
Sure that's nice, that's why I want to do it too. But what can you buy with it then, except just waiting.
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>2017
>mining *coin in a country without free electricity
Go home, stupid capitalist pig.
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>>60594368
you cant tax me schlomo
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$0.00009/hour assuming free electricity
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>>60594560
>Not
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>>60594560
>not renting hashing power to speculate on *coin and make literally millions
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>>60594368
There is no point, people are stupid and like fucking up markets/wasting resources to try and gain theoretical intangible benefits.
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>>60594368
>>>/biz/
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>>60594955
>Not just setting up all your hardware in a warehouse, paying for electricity on bad credit until it all collapses.
By the time the house of cards falls down, the gear will be worthless anyway.
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>>60594456
If it doesn't pan out, they can still play vidya at 4k with 144fps at least.
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>>60594368
Please take cryptocurrency threads to /biz/.
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>>60595523
No, most cards are older amd cards or cards created for mining. They will be able to play games, but a midrange gpu will outperform them.
Thread posts: 18
Thread images: 6


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