MiNing Copper Instead Of Bitcoin = More Cash Flow

[Soldierswitlittlefaith]

Hello fellow trader's & btc miner's ,today i decided to post little thread about what is working for me over the past days.
I decided to experiment with recoevering of copper within most elctrical device. Picking & breaking up of most abandon electronic's device, could yield consistent income. This is because about 70%-80% of most electrical component's contain copper.

=>The demand for copper is high within it's niche just like Gold<=

So, i and my friend (Daniel) decided to give this a trial in rome. We started picking up abandon wire's,electrical device within our zone.
separating copper from the external plastic wrapping for recovery of copper.

At first, my friend (Daniel) taught is boring for us to spend so much amount of time gathering reasonable amount of such electrical device, $ separating the copper wire from the adpater or removing the copper from it's motor in case of electrical fan until i stumble across the possible of make more cash in form of bitcoin just by gathering most of these stuff.


The most rewarding aspect of this project, is the fact that we are helping to prevent enviromental pollution by gathering & separating most fo these stuff in which the govt. of any country are willing to reward any register organization who can present proof. of payment paid to private individual's (both registered and unregistered) in an effort to save the planet.   Note : we are not yet registered as an organization since, we've been able to gather a limited amount of this stuff but, we hope to be a part of this in future.


Guyz, i will like to know your taught, comment's in regard's to this. Has anyone in this forum mad monet by trading bitcoin for copper vice-versa. pls, let me know some of your challenges?

For me, i'm really excited about this whole stuff. just the fact that this could help introduce most people who are into buying & selling of copper around the world to know the existence of bitcoin.


Note : you donot need electricity or expensive start-up equipment to start unlike the necessary equipment which are required when establishing bitcoin mining farm.


Thanks
Soldierwitlittlefaith

[1714057178]

1714057178

[1714057178]

1714057178

[1714057178]

1714057178

[1714057178]

1714057178

[1714057178]

1714057178

[elda34b]

The best I could find is the Bitcoin physical coins that are made from copper. I couldn't find any marketplace that facilitates this type of transaction. Selling copper for fiat is still the mainstream way to trade copper.

[Soldierswitlittlefaith]

The best I could find is the Bitcoin physical coins that are made from copper. I couldn't find any marketplace that facilitates this type of transaction. Selling copper for fiat is still the mainstream way to trade copper.

@elda34b, Thanks you for your comment. I think it make sense.

Another cool idea! i never taught of this!!

[DireWolfM14]

The best I could find is the Bitcoin physical coins that are made from copper. I couldn't find any marketplace that facilitates this type of transaction. Selling copper for fiat is still the mainstream way to trade copper.

@elda34b, Thanks you for your comment. I think it make sense.

Another cool idea! i never taught of this!!

I don't think that's a practical sales venue for recycled copper.  Coining (the manufacturing process used to make coins) requires blanks that are already the shape of a coin and need to be a specific size, with relatively tight tolerances.  The size of the blanks is dependent on the features of the finished coin.

[yoseph]

The best I could find is the Bitcoin physical coins that are made from copper. I couldn't find any marketplace that facilitates this type of transaction. Selling copper for fiat is still the mainstream way to trade copper.

@elda34b, Thanks you for your comment. I think it make sense.

Another cool idea! i never taught of this!!

Selling copper for physical cash seems to be the only option that you may have here, people do that a lot in my country but the difficult thing is finding old and abandoned electrical  devices for the the copper. You can try aluminum as well as long as you can find the people who are willing to buy them. Kudos for trying to save the environment. I am sure if their were buyers for plastics you would have made a lot of money.

[avikz]

Bravo! What you guys are doing is practicaly called waste management business. Even though you guys are focusing only on copper now, but I am sure you will slowly explore the option to extract more type of metals from the electronin waste. Do you know you can even extract gold from smartphones and computers?

Reading below article can give you some motivation,

https://blog.dell.com/en-us/how-much-gold-is-in-smartphones-and-computers/

I personally have never sold off copper or any other precious metals for bitcoin. But I hope to see you forming a waste management company that accepts bitcoin as a payment! All the best!

[Jet Cash]

I've been HODLing copper for a few years, and I've even posted about it on Bitcoin Talk.I also save lead. It isn't as valuable, but the weight/volume ratio is good. It's called urban mining, and I've got some tips for separating copper/aluminium radiators and a few other things as well.

I've also got a few dustbins full of old circuit boards and hard drives, and I keep meaning to huntfor Bitcoin wallets on the hard drives.

[franky1]

you yourself or asking others to go around scavenging for scrap electronics costs alot of time.
knocking on doors hoping someones home. then if they are having to introduce yourself, explain why your knocking and asking if they have any unused electronics.. even if they did most people wont hand them over because of many reasons.

the best option is to use the towns garbage recycling system. ask them if you can manage the metals part. get them to make electronic disposal part of their collection offering to the town.  that way your using their staff for the foot work and your employees can concentrate on the smelting.

that said. copper is still not that profitable. if you work it out the time to unscrew a device and pull out the copper vs the weight cost makes it expensive to run.. there are more things in the world that earn more per kg.

heck. people think oil is expensive but a 42gallon drum for $55 is cheap compared to milk.
1gallon oil = $1.31
1gallon milk $5.44

sometimes even if you think copper is 4x aluminium in price per weight. the availability, the scavenging costs make copper more than 4x to acquire thus on resell not as profitable as aluminium

many have tried scavenging gold from phones but the amount in the phone minus the time to get at it makes it more expensive to 'mine' than say offering a baked bean tin recycling service to a town.

so in short
just think about the costs of running and operating.
in the UK no one wastes time on electronic devices. and it only kinda breaks even on copper plumbing pipes(more copper+less time to scavenge) yet the baked bean can recycling is bigger business where 99% of what comes in gets recycled.

last point. what will you do with the scrap plastic after ripping out the copper metal from electronics. most plastics end up needing special licences/permits to melt down or dispose of, which adds to the costs. (hense copper plumbing pipes is the main/only sustainable scavenging item)

[Zionatin]

Governments should make it mandatory to recycle. Selling and collecting rare metals from trashed electronics seems that it will take far too long to get anything worthwhile. Where would you get used electronics from? Offer to buy them from people at an electronic scrapshop? That might be an idea. You could run your own ICO and called it scrapcoin or something. It will have a purpose and use and backed by the shop unlike most of the total trash that comes out this coin will be lyrally about trash and profiting from it. xD

I've been HODLing copper for a few years, and I've even posted about it on Bitcoin Talk.I also save lead. It isn't as valuable, but the weight/volume ratio is good. It's called urban mining, and I've got some tips for separating copper/aluminium radiators and a few other things as well.

I've also got a few dustbins full of old circuit boards and hard drives, and I keep meaning to huntfor Bitcoin wallets on the hard drives.

How much is it worth? Is it worth holding? Doesn't it just take up a bunch of space?

[Artemis3]

Bravo! What you guys are doing is practicaly called waste management business. Even though you guys are focusing only on copper now, but I am sure you will slowly explore the option to extract more type of metals from the electronin waste. Do you know you can even extract gold from smartphones and computers?

I personally have never sold off copper or any other precious metals for bitcoin. But I hope to see you forming a waste management company that accepts bitcoin as a payment! All the best!

Intel CPUs used to contain more gold, in the Pentium era, but they later reduced it at a minimum to shrink costs.

In my country copper stealing is a rampant criminal activity, often public lightning is out because someone always steals the wires to get the copper. It probably started with scraps... The police/military confiscates anyone in possession of copper, as its often from theft. Sometimes they cut fiber thinking (or hoping) its copper, then many blocks end without landphones/internet for months or years.

It must be nice to live in cities where people leave the copper lying around for anyone to pick it up...

One thing you don't mention is that there are very hazardous chemicals involved, for example in the gold extraction thing, not sure about copper. Recycling does have an ugly side, which is why people should aim reduce their garbage first...

[Ucy]

Would love to be part of this.But I do not really like the idea of selling to the governments. Governments could stop buying them whey they run out of money or change their minds. Would be great to sell directly to people who need them.

I have even thought about having a small recycling plant to recycle things like that especially plastic, metals/copper then sell to people for crypto-token that is made specifically for waste recycling... I pay for their scraps with the Crypto-token and people will basically acquire the crypto-token to buy the finished products I sell.

I have seen lots of people picking varieties of metals from people's bin and refuse dumps. I guess they are paid to do this or they sell to companies/individuals?

[Kakmakr]

In my country "Copper theft" is a huge problem. The people are even putting their lives on the line to cut live electric copper cables and then burning it down to sell it to scrap yards. They even rip the copper water pipes and fittings that feeds water to some households and leave the water running for hours.  

In India this is big business and a lot of people are salvaging precious metals from electrical devices, but it is dangerous, because the burning of this, gives off poisonous gasses that are very harmful to those people. <Just be careful, if you burn it yourself>  

[CryptoBry]

Copper recycling can be a good business especially if you are living in or near an industrial or highly urbanized area as certainly there can be many gadgets and appliances that are already discarded. Here in my country, some children are involved with recovering copper from wires and appliances and they are usually selling their hoards to local junk shop dealer. Recycling generally is a good business and as many of us here are saying: "There is money in garbage, someone's refuse can be money to another."

Of course, since getting into Bitcoin mining can be a costly enterprise and if the cost of power can be higher compared to other areas then scavenging and recycling can be a good option. Maybe the best thing to do is make money in garbage material recovery and then just buy Bitcoin from profits.

[stompix]

I've been HODLing copper for a few years, and I've even posted about it on Bitcoin Talk.I also save lead. It isn't as valuable, but the weight/volume ratio is good.

Lead?
The prices here are 50$ for 99% lingots of 25kg. If we talk about scrap prices it's around 1.2$ per kg.
Of course, it's heavy as hell and does save a lot of space but....I would stick to something that doesn't require a pick-up truck to transport something worth the equivalent of one week wage.

In India this is big business and a lot of people are salvaging precious metals from electrical devices, but it is dangerous, because the burning of this, gives off poisonous gasses that are very harmful to those people. <Just be careful, if you burn it yourself>  

I had one case when we were called because of some gypsies burned rubbish that had PCB (biphenyl) in it, god knows from where did they get that much trash the first medics that arrived at the scenes couldn't do much because they weren't equipped with any kind of protection for such fumes.
And we were in the EU at that time, I imagine in India is pretty worse from what I see in documentaries.

Now back to the op

At first, my friend (Daniel) taught is boring for us to spend so much amount of time gathering reasonable amount of such electrical device, $ separating the copper wire from the adpater or removing the copper from it's motor in case of electrical fan until i stumble across the possible of make more cash in form of bitcoin just by gathering most of these stuff

I really don't get your business plan.
How can you make more cash by gathering this and be paid in Bitcoin rather than fiat?
Do you want to trade waste copper for bitcoin?
It really doesn't matter what choice of payment you will use, buyers will look for the cheapest price, seller for the highest, and international stuff...the cost of transport will be killing you.

If I'm missing something in your plan, please elaborate!!

[Jet Cash]

How much is it worth? Is it worth holding? Doesn't it just take up a bunch of space?

It depends on how much you have got. I doubt if I have got more than £5,000 worth, so it isn't a problem, and it is part of my asset diversification programme.  You can reduce the storage requirement by flattening copper pipe, and "top and tailing" copper cylinders so that you can flatten and store the sides. Stripping copper wire is a simple and mindless task, and you can do it whilst you watch Bitcoin videos on YouTube. There is a slight downside - if you strip copper wire, then you end up with bright wire, and this is probably the most valuable category for scrap copper. Unfortunately if you store it, then it dulls and drops a category, and this is slightly less valuable.

Stealing copper that is part of the infrastructure creates massive costs for the community, and you should do everything you can to reduce it, and to ensure that any thieves are caught.

[poptok1]

[snip]
I really don't get your business plan.
How can you make more cash by gathering this and be paid in Bitcoin rather than fiat?
Do you want to trade waste copper for bitcoin?
It really doesn't matter what choice of payment you will use, buyers will look for the cheapest price, seller for the highest, and international stuff...the cost of transport will be killing you.

If I'm missing something in your plan, please elaborate!!

My impression was, that he is up to incorporate some sort of governmental eco-plan in to his business model.
That's what, in an essence, ecology became these days. It's not really about the toxicity of our biosphere but about making money out of taxpayers pockets... Small scale recycling, without the usage of crypto, may have a chance for bringing more than solo mining.
However it will have zero positive impact on the environment, just like you noticed, raw methods of separating resources from trash (fire), may even worsen our situation. Conclusion: pipe dream.

[Soldierswitlittlefaith]

Thanks for all your contributiuon(s)

Pls, when posting comment or contribution(s), remember to include your zone or name of your country.
This will help me know the various govt. policy in different countries & the value of recycling most of this device.

NOTE : i will reply to most of the question(s) when i'm less busy.

Thanks

[lionheart78]

so in short
just think about the costs of running and operating.

This is also what I thought.  I have seen several people in my country (Philippines) scavenging for copper, and I see their troubles in removing those wire covers and effort in gathering these scraps.  For those who have the money, they would choose Bitcoin mining because it is more convenient to them.  They just need to setup, plug and configure and its done.  While scavenging for copper requires a lot of physical activities and it offer less profit.  sadly our government is not focused in this kind of eco friendly activity so people who are doing this kind of stuff have less support.

[knbbarad13]

The bitcoin black book the top 3 creptos to buy click here for more info :- https://3b2d8622l4y0tw99mgigmllv23.hop.clickbank.net/?tid=TELE

[Soldierswitlittlefaith]

Copper recycling can be a good business especially if you are living in or near an industrial or highly urbanized area as certainly there can be many gadgets and appliances that are already discarded. Here in my country, some children are involved with recovering copper from wires and appliances and they are usually selling their hoards to local junk shop dealer. Recycling generally is a good business and as many of us here are saying: "There is money in garbage, someone's refuse can be money to another."

Of course, since getting into Bitcoin mining can be a costly enterprise and if the cost of power can be higher compared to other areas then scavenging and recycling can be a good option. Maybe the best thing to do is make money in garbage material recovery and then just buy Bitcoin from profits.

@CryptoBry,

"...There is money in garbage, someone's refuse can be money to another....."

I guess before the formation of ebay most people do not know that they can actually make profit just by selling unwanted object  occupying most of their useful space.

Well, in italy disposing off unwanted object can be challenging to most family.  Dispite the possibility of putting those object on ebay or amazon most people just prefer someone who can volunteer with truck to pick most of these stuff. A major part of these people are willing to tip you just to deposit the material in some safe enviroment.


Thanks
Soldierwitlittlefaith

[Soldierswitlittlefaith]

so in short
just think about the costs of running and operating.

This is also what I thought.  I have seen several people in my country (Philippines) scavenging for copper, and I see their troubles in removing those wire covers and effort in gathering these scraps.  For those who have the money, they would choose Bitcoin mining because it is more convenient to them.  They just need to setup, plug and configure and its done.  While scavenging for copper requires a lot of physical activities and it offer less profit.  sadly our government is not focused in this kind of eco friendly activity so people who are doing this kind of stuff have less support.

@lionheart78,

"....I see their troubles in removing those wire covers and effort in gathering these scraps...." Yes, removing the external cover could be challenging and time consuming if, you are new to this kind of task. However, the quickest way to do this is through the aid aid of tool's. You can get this tool for less than $25 on ebay

*Atleast, this will help fasten the process and save much of you time because you can same tool whenever, you want to directly separate the copper with the external cover.

Note : it's not encouraging if, the govt. of your country does not have such programme to compesate the dealer's. This will discourage most of the local buyer's and  the price of the could be very low.

Regard's
Soldierwitlittlefaith

[Eugenar]

There are already many junk shops that recycles or reuse Copper in order to be utilize again, also, there are enough copper in the market as the demand for it is not that high due to the fact that there's a plenty of it and it is not that hard to get. In my opinion, mining bitcoin should first be finished till all volume will be in the market, in this case, we support the cryptocurrency and help its market price to increase.

[Zionatin]

How much is it worth? Is it worth holding? Doesn't it just take up a bunch of space?

It depends on how much you have got. I doubt if I have got more than £5,000 worth, so it isn't a problem, and it is part of my asset diversification programme.  You can reduce the storage requirement by flattening copper pipe, and "top and tailing" copper cylinders so that you can flatten and store the sides. Stripping copper wire is a simple and mindless task, and you can do it whilst you watch Bitcoin videos on YouTube. There is a slight downside - if you strip copper wire, then you end up with bright wire, and this is probably the most valuable category for scrap copper. Unfortunately if you store it, then it dulls and drops a category, and this is slightly less valuable.

Stealing copper that is part of the infrastructure creates massive costs for the community, and you should do everything you can to reduce it, and to ensure that any thieves are caught.

I meant how much is it per kg or ibs or whatever, but I googled it. Wow 5k is a lot. You would need 100s of kg for that Asset diversification is very important. Good on you. How much weight worth do you have? Where do you get all the materials to strip in the first place? I can imagine stripping things down to be incredibly redundant indeed. Or while you watch cartoons lol xP

I didn't know the copper could go down a grade like that. Pretty interesting. It would be nice to get crypto involved with this somehow.

[MURONDI]

in my opinion it is not efficient to make copper as physical bitcoin, because copper is not very valuable, to make physical bitcoin has to be something very valuable like gold, because gold has a high enough value commensurate with the price of bitcoin.

[rdluffy]

It's a good idea
Here in my country there are thousands of people who lives only managing "garbage" like copper for example, and it's a win-win situation because they can gain their money and reduce the garbage put on our soil

Continue this work man, you can exchange the money for BTC

[ChrisPop]

That is a very interesting idea and concept. I love when you can make money while also doing good things for the society and our planet. Was wondering if you can provide me with some kind of tutorials so I can learn how to separate copper from electronic devices as well? Sounds like fun if you are more technology oriented as I am.

If the profit is worth the time I would definitely transform this endeavour in a hobby for me and maybe create an organisation and get more people involved in this.

[mazdafunsun]

Picking up electrical garbage and scraping it, is something that homeless people do.
If you arguments about the high demand of Copper would be true then it would make sense to buy copper financial insturments like digital copper,no?

[pixie85]

I've been HODLing copper for a few years, and I've even posted about it on Bitcoin Talk.I also save lead. It isn't as valuable, but the weight/volume ratio is good. It's called urban mining, and I've got some tips for separating copper/aluminium radiators and a few other things as well.

I've also got a few dustbins full of old circuit boards and hard drives, and I keep meaning to huntfor Bitcoin wallets on the hard drives.

Does it mean you have a shed full of scrap? Your wife must hate you

Dismantling electronics is popular among the poor people especially in India but is also very unhealthy if you're heating the boards to take out smaller parts. Many people develop lung problems from it.

I know a guy who is driving around town collecting metal and electronics, dismantling them for recycling and selling. It's not a well paid job. More of a minimum wage type of thing.

[Mandoy]

In your case it may be easy to acquire copper but in cases of others it is very hard to do. First thing is that you must have access to some disposed electrical gadgets to extract copper but it is not always available in many areas. That is why even if bitcoin mining is difficult for us but it is more profitable for others to mine bitcoin rather than to mine copper. The thing is use the resources around you together with your skills and as long as you can gain profit from it then it is the best for you. For me it is not mining copper nor bitcoin mining which is profitable it is signature campaign and trading.

[stompix]

~

Does it mean you have a shed full of scrap? Your wife must hate you

You don't need an entire shed for this.
He said he has about 5k £ so that will be roughly 1.5 or 2 tonnes.
It might sound as much but the density of copper is still high at around 9 tonnes per cubic meter, so all he needs, if he turns them into lingots, would be a space of 1x1 meters and 20 cm depth. Even considering scrap storage it will still fit in your basic storage closet.

in my opinion it is not efficient to make copper as physical bitcoin, because copper is not very valuable, to make physical bitcoin has to be something very valuable like gold, because gold has a high enough value commensurate with the price of bitcoin.

In my opinion, you should read the topic three times to make sure what's about before posting non-sense.

There are already many junk shops that recycles or reuse Copper in order to be utilize again, also, there are enough copper in the market as the demand for it is not that high due to the fact that there's a plenty of it and it is not that hard to get.

Actually there is demand otherwise we would see the prices plummet and be in the range of other metals, even aluminum is 3 times cheaper.

[Soldierswitlittlefaith]

Picking up electrical garbage and scraping it, is something that homeless people do.
If you arguments about the high demand of Copper would be true then it would make sense to buy copper financial insturments like digital copper,no?

@mazdafunsun

"....homeless people do....."   homeless people do it most of the time because most elegant people  find this humiliating.

I guess, you don't want to face the humiliation of what your neighbour or girlfriends will say if, they sight you picking unwanted stuff from the garbage!

what about if, you have to pay half of your bill's or rent with the money realize from this source!
Will your neighbour or girlfriend see this as crime to the society? i guess not!

Well, i have seen people living full time reselling most of the crap's as you might called it on ebay or better dismountly them and transforming a part of this component into a more useful device. Our society need smart people who think in this direction.

In conclusion, i think the present generation are the SUPER-consumer of all time. And, this attitude is destroying our planet gradually.

However, there are few of us who are prudent enough, it's not because we lack something here but, it's because of our passion/creativity. We pick, recycle/dismantle, transform old stuff into a useful device.


Year back i taught most people  who go around hunting for unwanted stuff in garbage are metally retarded people but, now i know better and below is my redifinition for this kind of task.

UNWANTED STUFF + IN GARBAGE =  FREE MONEY  (this is not a crime)




NOTE : presently, i'm building alcool based heater & cooker that is worth $200 on amazon/ebay. thanks to most of the metal realized from most of these unwanted stuff.. Foto will be posted  soon within the discussion board.

Thanks for your comment
Soldierwitlittlefaith

[darewaller]

In your case it may be easy to acquire copper but in cases of others it is very hard to do. First thing is that you must have access to some disposed electrical gadgets to extract copper but it is not always available in many areas. That is why even if bitcoin mining is difficult for us but it is more profitable for others to mine bitcoin rather than to mine copper. The thing is use the resources around you together with your skills and as long as you can gain profit from it then it is the best for you. For me it is not mining copper nor bitcoin mining which is profitable it is signature campaign and trading.

Yes and another thing is even the knowledge of this, and if not because the op have something written on it, I would not have even known that much that they can also mine copper this way, but for me, I think that bitcoin may still be more profitable for me if not because of the cost of mining that is usually always the problem of bitcoin mining, and most especially the cost of electricity which the last time that I tried mining, I had to dump my rig when I saw the amount of money I was paying for electricity and that was the time that mining was not even profitable, but now that bitcoin is fully getting to recover again, I think that I can go to my rig room again and start the mining process allover which should give me profit to pay for electricity.

[Soldierswitlittlefaith]

In your case it may be easy to acquire copper but in cases of others it is very hard to do. First thing is that you must have access to some disposed electrical gadgets to extract copper but it is not always available in many areas. That is why even if bitcoin mining is difficult for us but it is more profitable for others to mine bitcoin rather than to mine copper. The thing is use the resources around you together with your skills and as long as you can gain profit from it then it is the best for you. For me it is not mining copper nor bitcoin mining which is profitable it is signature campaign and trading.

Yes and another thing is even the knowledge of this, and if not because the op have something written on it, I would not have even known that much that they can also mine copper this way, but for me, I think that bitcoin may still be more profitable for me if not because of the cost of mining that is usually always the problem of bitcoin mining, and most especially the cost of electricity which the last time that I tried mining, I had to dump my rig when I saw the amount of money I was paying for electricity and that was the time that mining was not even profitable, but now that bitcoin is fully getting to recover again, I think that I can go to my rig room again and start the mining process allover which should give me profit to pay for electricity.

@darewaller,

"...I would not have even known that much that they can also mine copper this way, but for me, I think that bitcoin may still be more profitable for me if not because of the cost of mining"

Thanks for your comment. Yes, it's possible. You can start-up by mining copper in order to generate some cash which you can invest into your btc mining project(for purchase of the necessary equipment). all that is required when mining copper is sacrifice, see this a hobby (fun) in order to avoid getting bore with the task. I sugegst you only do this at your leisure hour.

*Note to member's who has been following this thread, I'm sorry for my absence within this period. I have a lot of task on desk and it's has been rainy cat & dog over here in rome which is very bad when it comes to mining copper . I hope to post some useful guide of how i'm doing this for the benefit of those who might be interested.


Regard's
Soldierwitlittlefaith

[Soldierswitlittlefaith]

It's a good idea
Here in my country there are thousands of people who lives only managing "garbage" like copper for example, and it's a win-win situation because they can gain their money and reduce the garbage put on our soil

Continue this work man, you can exchange the money for BTC

@rdluffy,

"......Continue this work man, you can exchange the money for BTC" sure, i can exchange the money for btc and i'm also willing to pay a fraction of this money to other people who are willing to be a part of this within their location.

Regard's
Soldierwitlittlefaith

[icewitch0612]

Sounds good, but I need numbers, how much does this production pay off ?

[Soldierswitlittlefaith]

In your case it may be easy to acquire copper but in cases of others it is very hard to do. First thing is that you must have access to some disposed electrical gadgets to extract copper but it is not always available in many areas. That is why even if bitcoin mining is difficult for us but it is more profitable for others to mine bitcoin rather than to mine copper. The thing is use the resources around you together with your skills and as long as you can gain profit from it then it is the best for you. For me it is not mining copper nor bitcoin mining which is profitable it is signature campaign and trading.

@Mandoy,

".......signature campaign and trading."

You are right!! signature campaign & trading. Trading,Nobody like to engage his or her time on something which is difficult to trade or sell out at the right time. But, don't forget that back in 2003 nobody believe that bitcoin will gain such popularity to the point that both those in govt house,media ... started talking about it.

Somehow, i think some group of people ( who saw the vision & the benefit of what bitcoin will become in future )kept the ball rolling back in 2003. Today they've passed the ball onto us.

Same applies to every other precious material's around us. inotherwords, the value of a thing is determine by the interest & curiosity of the masses. such curiosity leads to interest.

When it comes to mining copper, i've done series of research and found out the need. The problem is that a major part of the local seller's who are invole in selling & buying of copper donot handle the biz in such a way that it will give room for a further growth within the market.

So, i think a team of people who can create such curiosity is needed. And, this can be accomplish through the use of a virtual currency such as bitcoin.

Just immagine for a second what will happen within the bitcoin & copper circle if, 30% of the existing seller's start's paying their local customer's in btc in exchange for their copper!


Thanks
Soldierwitlittlefaith