How is mining profitable if the miners cost so much money , the electricity costs , computer usage and then is it hit or miss after spending all this money to buy the equipment to maybe hit a blockchain and make some BTC? i know it use to be real easy to mine with ajust a regular laptop untill there was alot more BTC in circulation and the algorythms got harder to solve?
You have the audacity to make your user name BTCBusinessman (which, you misspelled by the way, and I find that very telling), yet you have no idea how BTC works? Ahh... the beauty of irony.
Potential profitability and return on investment discussions belong in the Mining Speculation forum - and there are a multitude of threads there already discussing it. You don't "hit a blockchain" and the "algorythms" didn't get harder to solve. Try actually reading this thread, and the myriad others that explain how mining works.
Yeah I had a peek at your changes, I adore your last block and current round info which you added. I wouldn't mind trying your stuff prefer a beta tester.This is an excellent way to create a sound income for sure.
You sure you replied to the right thread? Your reply has nothing to do with the thread at all.
I still think that the most interesting thing about this thread is that it was started by a 2011 account.
While I find it unlikely, I suppose it is possible that someone has been involved in crypto-currencies for 3 years and might not truly understand how mining really works. Or, the more likely scenario: the account was bought.