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How does bit coin mining work?

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2 years ago#21
Even free electricity doesn't solve the problem. For a while, I was able to use a GPU to produce bitcoin worth more than the energy cost of mining them, but it still would have taken a very long time to recoup the price of that GPU. So I went back to just using the GPU for gaming.
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2 years ago#22
The best way to make money with bitcoins is to make bitcoin mining hardware and sell it before it becomes obsolete.
2 years ago#23
Son Of Spam posted...
The best way to make money with bitcoins is to make bitcoin mining hardware and sell it before it becomes obsolete.


And invest in the stock of that company.
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