I don't understand the purpose of these mini-miners (USB dongles etc). The metals on the circuit boards are probably worth more than it's possible to mine, so profit is obviously not the purpose? What am I missing? Are people really putting these to work for $1 a year, and losses in electricity?
It is popular because it is the cheapest. They just don't care about profitability they just want the experience of mining instead of wasting money on cloud mining scams. Besides bitcoin is going to the moon. So who cares if you earn cents worth bitcoin from little miners. Bitcoin is going to the moon or so we think.