BitCoin mining, a way to avoid exchanges.

[toomsie]

It occored me that a good way to acquire bitcoins anonomously is to mine them( convert electricity into bitcoins)
This could be good way for people who live in fascist countries who make bitcoins buying difficult. This could be good even if
bitcoins created is less then the cost of electricity in some cases.   

[cr1776]

Shhhh, don't tell the fascists and authoritarians. :-)

[mtnminer]

Wow, you just figured this out!  Your doing great?

Mtnminer

[toomsie]

Wow, you just figured this out!  Your doing great?

Mtnminer

Hay!! I got other things to do in my life.

[mtnminer]

oh, another early bitcoin adopter.  Good to have you join the team.

Happy New Year
Mtnminer

[Elwar]

I finally ordered my first ASIC miner.

I tried mining back in 2010 and couldn't get it working. A simple to use device I can plug in that does the mining with minimum effort allows me to finally count myself among the miners.

I suspect that as these simple devices become more mass produced mining will become a lot more widespread.

[Kyt Dotson]

Ah, well, yes. I suppose that's certainly a way to get BTC without having to buy them from other people.

[carolynwneal25]

guees i need to start mining than exchange 

[emeraldforce]

Winning!

[luqash3]

toomsie for sure bitcoins are full of extensive advantages due to which bitcoins are so popular these days. Yes for sure avoiding the exchanges is the advantage of bitcoin amongst many. Bitcoins are easy to use worldwide, store conveniently and earn high return

[SlipperySlope]

Perhaps the reason mining is mostly unprofitable is that persons without access to an exchange have no other choice and will be motivated to purchase expensive mining equipment regardless of an operating loss.