whats with everyone wanting to mine? just buy it and hold onto it, and you`ll be in more profit then the miners.
A lot of people who are new to Bitcoin are attracted by the fact that you can create wealth by letting your computer perform arithmetic calculations. It's interesting, effectively money for nothing. They also don't get that the difficulty increases exponentially and therefore assume they'll get thousands of USD every month and will be millionaires in a few years time.
What makes the problem worse is that, they can find some out of date mining tutorials and analyses, in which they can get a lot of bitcoin using just ordinary computers and USB miners.
Agree, too many outdated tutorial make it feels like bitcoin is so easily mined. Even my friends told me its easy to get ton of BTC while they didn't even know what is ASIC.