noob question- Anyone has ever mined and cash-out BTC before?

[stelee68]

hi all,

I'm from Singapore, middle-age and in the midst of quitting my day job.

Has been worried about my job/career since last year. Our country economy (on paper) has been rosy, but yet there are many others like me - middle age, sick and tired of our daily grind and bending backward for a living.

Hence, I have decided to sell off my car, and use the proceeds to purchase S9 miners and mine BTC for a decent income.

However, I am also worried that the decision is based purely on speculation:- namely that the price of BTC will hold/increase; our gov won't intervene and ban bitcoin; the company (Bitmain) really do honor the sale of S9 and not ship without PSU, etc.

So I would like to address my first concern: Do anyone here really mined and cash-out the BTC? If yes, how's that being done? Withdrawal from BTC ATM? I understand that there are at least 1 BTC ATM in my country.

Also, is the withdrawal fee extortionate? or reasonable?

I would greatly appreciate honest answers here.

Thank you!

[jillscarbrough]

If you found Bitcoin ATM in your Country, My question is, why someone or some corporate made that ATM machine? . Don't do it if you don't believe it