btcpepa04 (OP)
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May 01, 2023, 02:17:51 AM |
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It was humanity's dream to make a money without working ,the bitcoin miner can give u money without work bitcoin, and all other digital currencies have achieved this dream as well.
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libert19
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May 01, 2023, 02:26:49 AM |
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Bitcoin miner you talk about asks for investment first. Humanity's work is usually to get riches first, so money can start working for them. This requires financial knowledge too, without it money is soon lost.
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Mr.corol
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May 01, 2023, 03:54:25 AM Last edit: May 01, 2023, 04:06:55 AM by Mr.corol |
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It was humanity's dream to make a money without working ,the bitcoin miner can give u money without work bitcoin, and all other digital currencies have achieved this dream as well.
First of all how do you want to earn money from Bitcoin? If you say invest then I think. Only those who have wealth left by their ancestors can invest without working. Now what do those who do not have the resources to invest in Bitcoin? They have to earn money by working first and then invest. In addition to investing in Bitcoin, it is important to work. investing in bitcoins is not only profitable but also has the possibility of losses. What do you do when you lose investment? Then you have to sit on the way. So you have to invest in bitcoins in addition to working.
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BlackBoss_
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May 01, 2023, 04:06:52 AM |
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It was humanity's dream to make a money without working
There is no free lunch. You must work to receive salary and use it for something like eating, drinking, healthcare and other bills. You have to turn on your Bitcoin ASICs, connect it to Internet, mining pool to mine Bitcoin by confirm transactions and receive bitcoin in mining reward (block reward or transaction fee). the bitcoin miner can give u money without work bitcoin, and all other digital currencies have achieved this dream as well.
Bitcoin network is a Proof-of-Work network, you must work (by mining blocks, confirming transactions) to receive reward. No free lunch for Bitcoin miners.
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S A KHAIR
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May 01, 2023, 04:41:37 AM |
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It was humanity's dream to make a money without working ,the bitcoin miner can give u money without work bitcoin, and all other digital currencies have achieved this dream as well.
If making money from bitcoin without labor, that is not necessarily a good thing. It will make people become inactive and sedentary, causing more consequences than benefits. For me, labor is still something that should be maintained because only work can make people think and be more creative. If we are too lazy and just love to make money without working, the world will soon be ruined.
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retreat
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May 01, 2023, 05:01:54 AM |
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It was humanity's dream to make a money without working ,the bitcoin miner can give u money without work bitcoin, and all other digital currencies have achieved this dream as well.
That's right Bitcoin miners give you rewards without the need for you to work, but you need capital to be able to buy hardware and software. You also have to be able to understand how miner software works and set your miner tools to their best performance to be able to make a profit. Indeed, Bitcon miner can give you money without working, but that is also in accordance with your skills and the capital you provide, and your expertise in setting up the device you have, because if you are not good at managing your device it will make you lose .
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Dr.Osh
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May 01, 2023, 05:25:48 AM |
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carrying out maintenance, as well as paying attention to the needs in mining is a job, even many are bothered about it. it's just that, this is a lighter job than the others. Apart from that, you also need to do financial management to run the mining, unless you have a trusted person to manage it all, but again that also requires quite a lot of money. However, mining bitcoins can be a solution to achieve that dream. however, personally, I might prefer to add another business because I feel that mining bitcoins will continue to require additional funds such as upgrading hardware, and so on.
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pooya87
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May 01, 2023, 05:33:55 AM |
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the bitcoin miner can give u money without work bitcoin
What bitcoin miners and other PoW altcoin miners do is literary called "work". There is no money earned without work anywhere including in the cryptocurrency world. Of course your definition of "work" may be flawed if you think work is only something you physically perform with your hands or a shovel!
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mk4
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May 01, 2023, 05:50:24 AM |
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Money without working? Sure, you could argue that if you're only a small-scale home miner, but it comes with the risk of actually losing money depending on all your costs. (and don't forget, taxes are far stricter and a total pain in the ass in some countries). Also, it's like saying that you don't "work" just because you have employees. You still need to make sure the business is operating continuously and monitor everything.
As for a larger scale mining business? You're very wrong if you think there's no work going on behind the scenes.
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Lorence.xD
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May 01, 2023, 06:40:25 AM |
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It was humanity's dream to make a money without working ,the bitcoin miner can give u money without work bitcoin, and all other digital currencies have achieved this dream as well.
Of course it's everyone's dream to make money work for you, but for you to achieve a bitcoin money you'll need to think of the capital investment for it. And in the long term the expenses in the electricity, monitoring and cpu you'll have to manage it and remember there's still no guarantee you will succeed. It's still a good investment if you could handle it because there is sacrifice before you achieve those dreams.
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wxa7115
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May 01, 2023, 07:14:10 AM |
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It was humanity's dream to make a money without working ,the bitcoin miner can give u money without work bitcoin, and all other digital currencies have achieved this dream as well.
I will recommend that you go back to the drawing board as you simply do not understand bitcoin, the consensus algorithm used by bitcoin is literally called Proof of Work, one of the reasons bitcoin has value is because it cannot be printed at will by the miners and instead they need to work hard in order to get it. Looking at some of your other posts it seems to me you have the wrong idea of what is bitcoin, what it means to mine it and even what this forum is about.
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Suzume
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May 01, 2023, 07:44:30 AM Last edit: May 01, 2023, 03:12:05 PM by Suzume |
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Yes you are correct from your point of view. But you might forget that bitcoin mining has certain steps that need to be completed first . Bitcoin mining requires you to invest a lot of money in the beginning without any profit. You need to find a place with low temperatures, where your electricity bills are low, and where you have to spend money on graphics cards and other equipment. In every way, if you want to be a bitcoin miner, you have to allocate a huge amount of money to mine at the moment. To buy equipments. You say mining is a way to make money no problem but if it is from our previous property you can ride a rickshaw but if you want to start from start you have to earn money by doing hard work and spend for mining. There is no guarantee that mining after that will always be successful. For this reason we can said that "along with efforts, hard work is required."
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Bitcoin_people
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May 01, 2023, 07:46:49 AM |
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It was humanity's dream to make a money without working ,the bitcoin miner can give u money without work bitcoin, and all other digital currencies have achieved this dream as well.
Everyone has a dream to earn money in his future. But you must do mining to earn bitcoins without work so you can earn bitcoins without work. But I think it will be better for you if you save some of your money instead of mining and later invest it in Bitcoins. There are some mining if you want to do it you must invest money first then you can earn bitcoins from that mining. You should invest rather than mining so you can be successful in making money in the future.
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Die_empty
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May 01, 2023, 07:56:59 AM |
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It was humanity's dream to make a money without working ,the bitcoin miner can give u money without work bitcoin, and all other digital currencies have achieved this dream as well.
I have no experience in practical mining but I know that bitcoin mining machines are expensive. You also need to connect or invest in electricity, maintain the machines, and pay for other expenses. I also know that miners possess some technical skills that will enable them carry out this task effectively. Miners also need to monitor the mining operation and endure some level of stress. This means that just like every other business for one to be able to make money from mining one needs to put in financial, human, and material resources. So assuming that bitcoin mining will give you money without work is highly deceptive. You are showcasing the bitcoin sector as a get rich without work scheme. Bitcoin mining is a big-time investment that is associated with risk which sometimes can be profitable or lead to loss.
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reizella28
Jr. Member
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May 01, 2023, 08:13:54 AM |
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It's everyone's dream to have money sources that you won't need to exert work. I myself like to have a business soon when I already saved some capital for building a business. I've heard about Bitcoin mining but if we think about the parts we'll need like the miners plus the electricity it would cost too much. I know that building such business or the miner you will need a huge amount of capital but I don't see myself managing a Bitcoin miner since I don't have any idea about it's part I would rather build convenience store since it's popular here in my country.
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Outhue
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May 01, 2023, 08:14:42 AM |
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It was humanity's dream to make a money without working ,the bitcoin miner can give u money without work bitcoin, and all other digital currencies have achieved this dream as well.
Try buying a Bitcoin miner first before you know what you are getting yourself into, Bitcoin miner is very costly and it's not for someone who makes too less money, we are talking about thousands of dollars here, so you do have to work and make money before you can be able to buy Bitcoin miner, nothing comes for free in this life, you sit your ass down doing nothing? Your ass will remain in the same messy state forever. Until the day you decide to bring some changes into your life.
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Merit.s
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May 01, 2023, 08:18:16 AM |
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Remember that mining needs electricity and the cost of electricity is the major challenge that miners have. Miners are moving to countries with low electricity cost,so that they can still be in the industry. If you don't have a good amount of capital,you can't go into mining. I guess you don't know how much it cost to set up solo mining,some miners are backing up their bags and leaving the mining industries because it is not profitable to them Don't deceive yourself, there is nothing free in Freetown. You must work in other for you to have money to invest. There must be a sacrifice to have money,because you must put things together to get a better outcome. Check this out only the whales make huge profit from bitcoin investment because they have worked and become successful, and their money is currently working for them. Everyone starts from the scratch to become successful.
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GeorgeJohn
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May 01, 2023, 08:23:59 AM |
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It was humanity's dream to make a money without working ,the bitcoin miner can give u money without work bitcoin, and all other digital currencies have achieved this dream as well.
This point of views is contradictory, because I believe that earning in bitcoin even though as a miner you must engage yourself into function before you can earn well, I believe that no earning that doesn't have hard work involve. Miners have a lot to set up for mining of cryptocurrency many functions is involved
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FatFork
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May 01, 2023, 08:41:10 AM |
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Ah yes, the age-old dream of getting something for nothing. Bitcoin miners have managed to turn that dream into reality, except that the "something" they get requires a lot of electricity and computing power, so your assumption is wrong. But if you really dream of getting something for nothing, it's time to wake up and smell the coffee. Because in the real world, things don't just appear out of nowhere; they have to be created by someone or something. And every time you create something, there is a cost associated with it. And in the case of Bitcoin, it is created by miners who provide the computing power and electricity needed to keep the whole blockchain running.
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worle1bm
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May 01, 2023, 09:03:57 AM |
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So you think you can just earn by mining without doing anything at all? The humanity which believes in doing nothing and getting paid for it have nothing in their hand as you can't get anything for free here.The mining you are talking about needs ASIC investment and then electricity cost and much more but still there's no guarantee you will earn rewards for it and they are working for it.So you need to understand these things before making such statements and comparing it with bitcoin which has lot to do and solve financial problems.
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