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Author Topic: Three Men Mine $200,000 In Bitcoin Every Month  (Read 11920 times)
pajrinn
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August 19, 2014, 04:01:00 PM
 #81

ah shit Cheesy how he do that wkwk  Grin
I want work hard like them  Smiley
djkyno
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August 19, 2014, 08:08:42 PM
 #82

We cant compare us to them. LOL for the price that they are getting the miner from, and their cost etc. They have far more advantage than us.

My BTC0.00000002
DKMathias
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August 19, 2014, 08:19:53 PM
 #83

Would be awesome to get this kind of money each month :O
NikkieBeraj
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August 25, 2014, 06:58:04 AM
 #84

i guess this why bitcoins are done, too much money to sustain
Plank
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August 25, 2014, 10:02:28 AM
 #85

Damn, that's shitload of money. I will invest in miners now, they are making me jealous Smiley
dKingston
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August 25, 2014, 10:43:02 AM
 #86

Shit it's admirable! But I won't invest in mining, I'm so worried by the difficulty rise and I think now you can make money just if you have tons of dollar invested

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oceans
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August 25, 2014, 11:24:50 AM
 #87

That is pretty amazing but can you imagine their electricity bill? Saying that though with that amount coming in a month I can't imagine that is a problem for them. Great to see someone making so much from mining, just goes to show it can be done!
BADecker (OP)
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August 25, 2014, 12:17:05 PM
 #88

If you have enough wealth that you can set up a system like this that almost breaks even, you stand to win in the long run.

It might take a couple of decades, yet, for the fiat currency banking system to crash itself. But things are in a position right now that the system could crash any time. All it might take is a few more countries getting off the USDollar as the world currency, like Russia and China are doing.

When this happens, the value of bitcoins just might soar in nations that still use the USD as their basic form of money. So, while Bitcoin mining might not be worth it today, it almost certainly will be worth it sometime in the near future... and maybe worth it in a very big way.

Smiley

Cure your cancer at home. Ivermectin, fenbendazole, methylene blue, and hydroxychloroquine (HCQ) are chief among parasite drugs. Find out that all disease is based in parasites or pollution, and what you can easily do about it - https://www.huldaclark.com/, https://thedrardisshow.com/, https://thehighwire.com/.
beaknuke
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August 25, 2014, 02:04:20 PM
 #89

wow, pictures of piggy back mining finally ! Roll Eyes

itsAj
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August 26, 2014, 12:16:36 AM
 #90

If you have enough wealth that you can set up a system like this that almost breaks even, you stand to win in the long run.

It might take a couple of decades, yet, for the fiat currency banking system to crash itself. But things are in a position right now that the system could crash any time. All it might take is a few more countries getting off the USDollar as the world currency, like Russia and China are doing.

When this happens, the value of bitcoins just might soar in nations that still use the USD as their basic form of money. So, while Bitcoin mining might not be worth it today, it almost certainly will be worth it sometime in the near future... and maybe worth it in a very big way.

Smiley
I don't see how something that does not even break even could potentially create wealth in the long run. As it stands now, it is a much better idea to invest your money in buying additional BTC instead of buying mining equipment. With the difficulty rising ~20% every two weeks and the price of bitcoin not rising this quickly you will always be better off by simply buying bitcoin on an exchange or via a trade.
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August 26, 2014, 02:52:26 AM
 #91

Botnets make way more, you know, and there's no upkeep our cost.

Illegality is the root of all money.

No, don't come banging down my door. I don't run a botnet.


mkc
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August 26, 2014, 05:03:13 AM
 #92

wow, look at all the cables and asics.
This is cool.
cameltoe
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August 26, 2014, 05:07:11 AM
 #93

Holy shh......now that is hardcore mining for ya
pajrinn
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August 26, 2014, 08:28:44 AM
 #94

Damn, that's shitload of money. I will invest in miners now, they are making me jealous Smiley
haha me too  Grin
I cant mining  Sad my computer not strong for this  Grin
Cream
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August 26, 2014, 10:05:15 AM
 #95

Kudos to those men, keeping BTC strong. I wonder how many miners they own  Roll Eyes

$200,000 is lot of cash..!!
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August 26, 2014, 10:23:01 AM
 #96

http://www.businessinsider.com/warehouse-men-200000-bitcoin-monthly-2014-8

From the article: "They have 'a couple of bitcoin' each for their efforts (Smith says they’re “heroes that keep our precious bitcoin network safe”). They spend most of their time checking, wiring, installing and rearranging – or playing video games."

Smiley

Wow, i wish i were in their shoes  Cool Cool Cool

devonne
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August 26, 2014, 10:49:37 AM
 #97

http://www.businessinsider.com/warehouse-men-200000-bitcoin-monthly-2014-8

From the article: "They have 'a couple of bitcoin' each for their efforts (Smith says they’re “heroes that keep our precious bitcoin network safe”). They spend most of their time checking, wiring, installing and rearranging – or playing video games."

Smiley

A wise way to keep getting richer if you ask me,Kudos to them.
BADecker (OP)
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August 26, 2014, 01:45:18 PM
 #98

If you have enough wealth that you can set up a system like this that almost breaks even, you stand to win in the long run.

It might take a couple of decades, yet, for the fiat currency banking system to crash itself. But things are in a position right now that the system could crash any time. All it might take is a few more countries getting off the USDollar as the world currency, like Russia and China are doing.

When this happens, the value of bitcoins just might soar in nations that still use the USD as their basic form of money. So, while Bitcoin mining might not be worth it today, it almost certainly will be worth it sometime in the near future... and maybe worth it in a very big way.

Smiley
I don't see how something that does not even break even could potentially create wealth in the long run. As it stands now, it is a much better idea to invest your money in buying additional BTC instead of buying mining equipment. With the difficulty rising ~20% every two weeks and the price of bitcoin not rising this quickly you will always be better off by simply buying bitcoin on an exchange or via a trade.

The way these guys will make money for the future lies in the number of bitcoins they store up for the future. They don't sell all the bitcoins they mine. They hold some of them for the future. Not the little guys, of course. But the  big boss who has put this system together.

Who knows the future? If the fiats all collapse, it just might bring down telecommunications worldwide. This might destroy Bitcoin at the same time - too many forks of the blockchain. However, if only a few fiats collapse, or if the Dollar loses its position as the major currency of the world, there just might be a big transfer of wealth into Bitcoin in the areas of collapse.

It's a gamble. But people gamble in the markets all the time.

Smiley

Cure your cancer at home. Ivermectin, fenbendazole, methylene blue, and hydroxychloroquine (HCQ) are chief among parasite drugs. Find out that all disease is based in parasites or pollution, and what you can easily do about it - https://www.huldaclark.com/, https://thedrardisshow.com/, https://thehighwire.com/.
EndlessStory
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August 26, 2014, 04:23:39 PM
 #99

I am curious to know how much power they are using...probably kilowatts...enough to house a colony.

Amazing work nevertheless Smiley
giveBTCpls
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August 26, 2014, 04:24:47 PM
 #100

Yep its a legit gamble, but someone has to do the job, without miners, theres no Bitcoin, if Bitcoin wins, big miners will get the biggest reward.

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