Post
Topic
Board Mining speculation
Re: Mining sound pointless...
by
xstr8guy
on 01/10/2014, 23:24:38 UTC
You basically just told me the mining is hobby?
Also why should someone invest a lot of money for equipment which will be outdated few months after and will never return the investment?


He told you exactly why some people mine at a loss... because it's a hobby!

By definition, a "hobby" is a pleasurable activity that brings joy but does not earn income. A pleasurable activity that may earn income is called an "avocation".   Grin

People spend ridiculous amounts of money on their hobbies... boats, skydiving, scuba, etc. And if it gives them pleasure and they can afford it, why not? Some people (nerds!) just happen to prefer to stay inside and watch LEDs blink, fans spin and numbers scroll on-screen, lol.

But if you are wanting to start mining now...

you.   will.   NOT.   make.   money.

So you'd better in it for the love, lol.