Bitcoin Forum
November 20, 2017, 05:43:05 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
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

Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 [44] 45 46 47 48 »
  Print  
Author Topic: Why do you mine Bitcoins?  (Read 113359 times)
needfix24
Jr. Member
*
Offline Offline

Activity: 56

Good to earn btc early. :D


View Profile
November 07, 2017, 06:08:00 AM
 #861

Theres a a lot of reason why i mine bitcoins. Here are some of these:

First because bitcoin is good and popular around the globe
Second mining is very easy, you just need a computer or your mobile phone to do mining. No hassle
Third btc price is unstable. You can get more money when the price is high.
Fourth BTC can be used to for payment. Its very easy to transfer money to another,

1511199785
Hero Member
*
Offline Offline

Posts: 1511199785

View Profile Personal Message (Offline)

Ignore
1511199785
Reply with quote  #2

1511199785
Report to moderator
1511199785
Hero Member
*
Offline Offline

Posts: 1511199785

View Profile Personal Message (Offline)

Ignore
1511199785
Reply with quote  #2

1511199785
Report to moderator
1511199785
Hero Member
*
Offline Offline

Posts: 1511199785

View Profile Personal Message (Offline)

Ignore
1511199785
Reply with quote  #2

1511199785
Report to moderator
Join ICO Now Coinlancer is Disrupting the Freelance marketplace!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511199785
Hero Member
*
Offline Offline

Posts: 1511199785

View Profile Personal Message (Offline)

Ignore
1511199785
Reply with quote  #2

1511199785
Report to moderator
1511199785
Hero Member
*
Offline Offline

Posts: 1511199785

View Profile Personal Message (Offline)

Ignore
1511199785
Reply with quote  #2

1511199785
Report to moderator
1511199785
Hero Member
*
Offline Offline

Posts: 1511199785

View Profile Personal Message (Offline)

Ignore
1511199785
Reply with quote  #2

1511199785
Report to moderator
Jake052478
Member
**
Offline Offline

Activity: 84

I will do wonder for YOU!!!


View Profile
November 07, 2017, 06:50:37 AM
 #862

Mining bitcoins is to add the bitcoins quantity circulating in the digital world.  To support its value, there should be a lot of bitcoins to be mine in order for the bitcoins to not decrease its value.  Just like fiat or paper cash, it is supported with gold bullions. So, to strengthen the bitcoins value, mining should be done to supports bitcoins value.

SportyFi - Decentralized sports investment & funding ecosystem
ANNOUNCEMENT | Telegram | SportyFi.io
ICO starts 14. November 2017 at 13h UTC
soudao
Newbie
*
Offline Offline

Activity: 28


View Profile
November 07, 2017, 07:59:05 AM
 #863

Really did not think the choice of hobbies and interests actually the most people! I think the most is the choice of optimistic about the bitcoin's rise, really a bit unexpected
markwalters
Newbie
*
Online Online

Activity: 11


View Profile
November 07, 2017, 08:59:51 PM
 #864

What kind of equipment is usually needed for mining?
GreekGoat
Newbie
*
Offline Offline

Activity: 3


View Profile
November 07, 2017, 09:38:21 PM
 #865

bitcoin cannot be ban because we are able to produce bitcoin through internet. outlawing bitcoin means closing the web entry.
fredo123
Member
**
Offline Offline

Activity: 98


View Profile
November 08, 2017, 01:14:40 PM
 #866

Bitcoins are very special type of coin. It has a lot of special feature's that paper money doesn't have. Its highly volatile. It has no definite value, and time after time its value goes up and down like a roller coaster. It can also be used as an asset because the value succedingly pumps up as of this moments. The more you earn bitcoins then the more money you have:) Thats is why so many people mine bitcoins for money...

  GETTING LOST IN THE SEA OF CRYPTOCURRENCIES? CHOOSE PLAYKEY TOKEN! 
PLAYKEY.IO ◇  DECENTRALIZED CLOUD GAMING PLATFORM 
[ Website ]  [ Reddit ]  [ Medium ]  [ Twitter ]  [ LinkedIn ]  [ Telegram ]  [ BitcoinTalk ]  [ Facebook ]
yohan09
Member
**
Offline Offline

Activity: 98


View Profile
November 09, 2017, 03:09:29 AM
 #867

Well in my own perspective, we mined because as you see how was the trend in crypto's , BTC is always fluctuating and when you have 1 btc, in our country, it is good enough to establish an elegant home, And even your status will totally change in a single BTC, I mined because of money and i believe mining is the key to earn more profit:)

AngelMunchkin
Newbie
*
Offline Offline

Activity: 5


View Profile
November 09, 2017, 04:10:32 AM
 #868

I love this exercise. Simply because by mining I can create bitcoin just a littleut regularly in a relatively long time. That is what makes me happy. Simply because mining doesn't have risk .. I used to my own on hashflare .. simply because exploration is proven to spendb
saschafx
Jr. Member
*
Offline Offline

Activity: 56


View Profile
November 09, 2017, 04:59:04 AM
 #869

Due to the fact mining can make you really feel element of the community that support bitcoin. And it tends to make me satisfied to fill my spare time even the return is not that large.
russianjohhny
Jr. Member
*
Offline Offline

Activity: 56


View Profile
November 09, 2017, 07:10:07 AM
 #870

It's interesting, a lot of gambling moments, inexpressible sensations. In general, this is an indispensable baggage of knowledge in the end, because nothing superfluous in this life does not happen.
OhPrediction
Newbie
*
Offline Offline

Activity: 4


View Profile
November 09, 2017, 12:28:16 PM
 #871

Nowadays exploration bitcoin is not as lucrae because it is at back. Every 3rd individual is mining bitcoins simply because it is the most powerfull and costly crypto currency nowadays. However that also elevated the difficulty degree and exploration pool charges. That outcomes less mining outcome. And after you need to pay the electricity bill then i believe you wont be satisfied with the total amount you are left with...tiv
Fretcy
Member
**
Offline Offline

Activity: 112


View Profile
November 09, 2017, 12:35:01 PM
 #872

Buddy this question is  like asking why do you eat food  Grin. Anyways, only because of mining the whole bitcoin network is working. In the early stages of bitcoin and blockchain technology mining was so easy that bitcoin mining can be done easily with normal computer's after every three to four years time this technology is increasing the difficulty of mining bitcoins so now it is not possible to mine with simple computers, high hash rated ASIC mining machines and power generators are required for mining. In most of the developed countries miners use mining rigs and power plants for mining and to mitigate electricity they use natural resources like solar panels and geothermal energy sources for generating power.

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
BLOCKCHAIN  DIGITAL  BANK          NEBEUS  PRE ICO    OPEN
▬▬▬▬▬▬      FACEBOOK     TWITTER     LINKEDIN     TELEGRAM      ▬▬▬▬▬▬
SpeedyAstro
Newbie
*
Offline Offline

Activity: 4


View Profile
November 10, 2017, 01:46:30 AM
 #873

I started a few months ago, however i mainly view it as a hobby to know the eco systems a little much better
liseff3
Full Member
***
Offline Offline

Activity: 210



View Profile
November 10, 2017, 04:02:31 AM
 #874

There are several factors that make me interested to mine Bitcoin, among others:
1. Security
Unlike conventional currency, which is prone to counterfeiting. The cryptographic rules applied to bitcoin make their owners avoid the same risks.

2. Able to act as a global currency
Although each country has its own currency. bitcoin remains present and enters it. Bitcoin knows no national borders, doesn`t waver due to political conditions in government, and isn`t affected by anything.

3. As a protector of inflation
Like gold, bitcoin is thought to act as a protected value of inflation. Bitcoin can suppress excessive inflation rate.

4. Savings
Bitcoin is a new form of community savings that is applied with a system that isn`t troublesome. In addition to saving bitcoin, all the usual financial intermediaries in banks can be eliminated. The holders also don`t need to pay a service fees and registration.

Coolstrawberry
Newbie
*
Offline Offline

Activity: 10


View Profile
November 10, 2017, 08:07:08 AM
 #875

Mining has stabilized, new obstructs seem steadily.
stonedmaster
Newbie
*
Offline Offline

Activity: 2


View Profile
November 10, 2017, 09:12:43 AM
 #876

Because i think it is a very good Investition for a long time. I also think the price will climb higher than 15.000 euro.
BronzeGamer
Newbie
*
Offline Offline

Activity: 4


View Profile
November 11, 2017, 03:14:21 AM
 #877

Why do you my own Bitcoins? Because exploration Bitcoin is extremely enjoyable and incredibly profitable, Occasionally extremely irritating if there is a power outage.
Liany1710
Newbie
*
Offline Offline

Activity: 28


View Profile
November 11, 2017, 06:26:08 AM
 #878

btc is easy to use and is not at risk
Gladz29
Member
**
Offline Offline

Activity: 70


View Profile
November 11, 2017, 06:39:17 AM
 #879

wow it fantastic i think, can share your cloudmining?
i hope i can follow your step to make $40 perday...
thanks

✓✓  verify   ★★★★★  The Ethereum-powered Reputation Platform for Commerce
The Future of Reputation   //  WHITEPAPER  //
████████████│    MEDIUM    |    Live Chat on DISCORD    │████████████
Awes0meIavender
Newbie
*
Offline Offline

Activity: 13


View Profile
November 11, 2017, 06:44:11 AM
 #880

I'm truly curious to see how that airdrop proceeds - the price seems to be heading crazy but I think it is going to be just like a mexican standoff - once someone with substantial tote twitches and draws the trigger it will go dump(appropriate) bombastically. Still the project appears awesome and which ha the best airdrop I've come across to date. I feel extremely harmful to not being part of it.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 [44] 45 46 47 48 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!