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Poll
Question: What's the main reason that you mine Bitcoins?
It's a hobby/for fun - 92 (33.7%)
I'm anticipating a huge price jump in the future - 74 (27.1%)
I have a lot of miners that make me a lot of extra money on the side - 33 (12.1%)
It's my job (work at or run a warehouse of miners) - 30 (11%)
Other - 44 (16.1%)
Total Voters: 273

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Author Topic: Why do you mine Bitcoins?  (Read 114225 times)
jamalaezaz
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May 22, 2016, 02:58:44 AM
 #21

I've didn't mine before. but now I am seriously thinking and planing to Start mining. just because I want to learn some thing. and get some experience. I've read peoples reviews and thoughts. every one saying is mining is full of lost. so I'll not min to get profit just to get some knowledge and Fun.
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May 22, 2016, 03:51:59 AM
 #22

Tell me any reasons I might've missed and feel free to write out your response in this thread.  Smiley
just did it for curiosity after seeing the price of Bitcoin from the market thinking my laptop will give me fortune hahaha but I was too late mining can only break my laptop and earnings is next to impossible due to high electricity price

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mobile
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May 22, 2016, 06:27:29 PM
 #23

I enjoy entertaining the idea, that a portion of the network is flowing into a place I call home...

1MoBi1eNbqh8QMuvtZjYzQGV8NEckJJYcT rep|GnuPG <3 CLAM <3
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May 23, 2016, 03:06:42 AM
 #24

promote the currency
make some extra cash
ease of use for transfers and buys
easy speculation
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May 23, 2016, 03:12:42 AM
 #25

Althought there are lots of risks involved in the mining processes, which include power supply, mining pools, management, and the government regulations. I mine Bitcoins because mining is another kind of invest the future of bitcoin.

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May 26, 2016, 07:09:37 PM
 #26

At First i want tell bitcoin is good cryptocurrency.Second cos is its easy to do mining......or  BTC price can up high & growing higher everyday,
 BTC easy to use, Low risk to use that, different not like paypal theyre always limit our mony.
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May 26, 2016, 07:43:33 PM
 #27

I doing cloud mining to earn more money like investing
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May 27, 2016, 04:26:12 AM
 #28

Mining is just fun, but obviously in the end it's all about making profit. Whether through mining or buying

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May 27, 2016, 08:34:57 AM
 #29

What do you think? Will btc price rise after block mining reward  halving at 210000 block?
Viecoin
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May 27, 2016, 02:28:24 PM
 #30

Will mining ever be profitable for the little guy anymore? Less than 8 months ago there was all this hype about the S7. Wow how difficulty changes time.
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May 28, 2016, 12:09:46 AM
 #31

Will mining ever be profitable for the little guy anymore? Less than 8 months ago there was all this hype about the S7. Wow how difficulty changes time.

No.

Just like ANYTHING else that can make a steady profit, people will build businesses around it and push the little guy out.

Stop buying industrial miners, running them at home, and then complaining about the noise.
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May 29, 2016, 05:36:43 AM
 #32

i dont think mining has any profit.

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miningdude
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A rich nigga


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May 29, 2016, 10:36:36 AM
 #33

To double your bitcoins that why mining.
Angell
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May 30, 2016, 04:47:39 AM
 #34

Mining is a hobi for me, just some entertaiment. But I would never use cloud-mining beacuse most of them are ponzi scams and unprofitable.
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I buy and sell Altcoins


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May 30, 2016, 08:12:58 AM
 #35

Heard mining is dead. Anyone still makes money from mining t cover their running cost?

http://cointofiat.com/ Altcoins to Fiat Exchange
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May 30, 2016, 08:25:28 AM
 #36

I start mining back in 2014 with ~150$ investment & now i make about 40 $ per day! Only use Cloudmining and it works pretty good for me Smiley
wow nice income, i also want to earn like that someday!
Cointje
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May 30, 2016, 08:38:09 PM
 #37

Just for fun with a big team.
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Far Out, Man....


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June 02, 2016, 12:14:34 PM
 #38

Tell me any reasons I might've missed and feel free to write out your response in this thread.  Smiley

Well, you could include free electricity. My meter is broke and the electric company won't fix it and just run with estimates from the days before mining!  Grin



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ibh98
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June 03, 2016, 08:58:48 AM
 #39

Mining, to me a great chance to increase btc. But problem is they scams. So now i am not in cloud mining.
Exparos
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June 03, 2016, 09:21:31 AM
 #40

 I have a lot of miners that make me a lot of extra money on the side
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