Why even bother to mine with a few minres and earn a couple of dollars a day. Mining is only worth it if you can build a big farm with a lot of capital. Most of you guys are better off working a regular job and just buying crypto.
False..!
I used to mine some LTC back in 2013..with 3 Radeon 280x .. mined 2 LTC/day for a few months.. So i was getting 4-5$ per day..
Look how much this worth right now...
Ya but the point is you could of spent the time you used on mining to work other jobs or make more cash and buy way more than 2 litecoins a day back then. So it kind of makes mining pointless for small timers.
Some people mine because they like to tinker with machinery. Like a hobby. It's interesting. Yeah, we can all go get jobs, cash our paychecks and buy coins. Wow. How interesting is that? Not very.
Mining is a project, and if you like to work on computers, it's cool. It's also good experience for young people, because it's similar to building servers. If you use Linux, you get to learn an operating system that lots of people don't know much about.
It's like saying to the small family farmer - "Why are you bothering to raise animals on your ten acres of land? You could go get a job in a factory, make twice as much money and then go visit a petting zoo and visit animals. It sure seems pointless for you to raise your kids on this tiny farm when there's all these amazing companies that own millions of acres of land and feed millions of people. Companies like Monsanto. Why bother, when there is Monsanto feeding all of us?"
You see how kind of dumb and lifeless this argument starts to sound?