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Author Topic: Who mines for a living?  (Read 4182 times)
Graet
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October 02, 2013, 02:05:05 AM
 #21


Hi,

sorry to ask, but what do you call for a living?


I would call a living enough to live on, pay bills , have some spare for entertainment, this is different in different countries and even different ppl have different ideas on what are essentials and what are luxuries, people with children usually need more income than single people etc etc.....
if a person is making enough to not need other employment/sources of income they are making a living no matter what country they live in.
I wish the Americans could see there is a whole world outside of their borders - I live in a vain hope that this worldwide Bitcoin thing will open some eyes

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arklan
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October 02, 2013, 03:58:22 AM
 #22


Hi,

sorry to ask, but what do you call for a living?


I would call a living enough to live on, pay bills , have some spare for entertainment, this is different in different countries and even different ppl have different ideas on what are essentials and what are luxuries, people with children usually need more income than single people etc etc.....
if a person is making enough to not need other employment/sources of income they are making a living no matter what country they live in.
I wish the Americans could see there is a whole world outside of their borders - I live in a vain hope that this worldwide Bitcoin thing will open some eyes

speaking as an american, i'm right there with ya. (and so are my miners!)

it's about the planet and humanity as a whole, not individual nations.
saddambitcoin
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October 14, 2013, 01:42:21 AM
 #23

if you're a single person, no kids, in the US you could earn a living off of mining, sure

not me but i live on 2k and still have money to stash in bitcoin

balanghai
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October 14, 2013, 01:52:12 AM
 #24

if you're a single person, no kids, in the US you could earn a living off of mining, sure

not me but i live on 2k and still have money to stash in bitcoin

I'm from 3rd world country and I've meet several retired expats and they live off $2500 USD pension. And it gave them a very decent home, 1.2 cars, and a good life. It depends where you are and the cost of living.

I would say there a few already that are mining for a living. Smiley

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hulk
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October 15, 2013, 01:18:48 PM
 #25

I would do that if I knew Bitcoin few years back. I would buy 10000000 GPU and I would so busy that almost everyday something go spoiled.

Samir_H
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October 16, 2013, 09:41:56 AM
 #26

just curious, has anyone given up their day job and actually mining as a living ?

Why to give up on job? Mining doesn't take that much time so I dont see point of leaving day job. And what if suddenly BTC collapses?
I look at all this as a bonus, small or big doesn't matter it's for me just a bonus.
hulk
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October 16, 2013, 12:51:13 PM
 #27

just curious, has anyone given up their day job and actually mining as a living ?

i did 2 years ago.

i no longer mine however.

Since you start 2 years ago, you must be billionaire by now. Smiley

Damnsammit
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October 16, 2013, 01:43:24 PM
 #28

I mined for a few months.  I might start back up, but it was basically just converting electricity into bitcoins at the same exchange rate that I could buy bitcoins for...

It was a fun hobby, but it was too loud and the humming started driving me nuts.  If I lived in a colder environment then I would definitely start it back up and just keep the rig in the garage or something.
sheebang
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October 16, 2013, 07:27:14 PM
 #29

Is this even viable?

No, not any more and irrespective of your needs.

That is what I wanted to point nou with my post.

Posession of bitcoins and bitcoin mining is legal in Germany. Use and posession of my bitcoins is according to law, applicable legal framework and principles of UN Global Compact. Place of origin of my bitcoins and my mining equipment is Germany. They are part of my property. Access to this property is absolutely forbidden to non-residents of my household. To avoid ambiguity, I have never and will never grant access on any basis other than stipulated by German law and to be executed by German authorities only. Any act, willful or unwillfull, in awareness or unaware of aforementioned statements, by any person or organization that hampers my ability to anonymously use or mine my bitcoins in any form, will be treated according to German laws. Place of Court will be Germany.
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