Post
Topic
Board Bitcoin Discussion
Re: Can someone help explain bitcoin mining to me?
by
Lauda
on 13/02/2014, 13:25:47 UTC
mining is a complete waste of time and money!  You are better off throwing them in the garbage and save your electricity.  Mining is a big ponzi scheme.  the computers cost more than what they will ever ROI!  If anything buy bitcoin....  not right now but maybe when its at 100 per coin.
Stop spreading FUD you ignorant being.
ASICs mine Bitcoin, not computers (GPUs).
Mining with GPUs is very profitable with a ROI time of 40-90 days. Mining Bitcoin is so-so, you might ROI and you might not.
Just support the network, stop being a greedy human.