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Bitcoin Mining Opinions and Experiences please!

  • Computers
Last response: in Opinions and Experiences
November 19, 2013 4:32:15 PM

Just been made aware of bitcoin mining I know I'm very late.

Just wanted to hear opinions and experiences to see if its something for me to invest my time into.

For e.g do you have to be @ the computer 24/7 or can you leave it be to do its given job?

Thank you in advance.
May not reply quickly as I am off to bed.

More about : bitcoin mining opinions experiences

November 19, 2013 4:48:33 PM

Not worth the effort.

There are many articles detailing all levels of mining from hobbyist to professional mining for profit. They all kind of end the same way.
November 19, 2013 4:49:09 PM

You pretty much missed this party, sorry.
But to answer your question no you don't have to be at the computer. It runs itself. At this point in the game though, you would pay more for electricity then you would mine, unless you went out and purchased specialized mining equipment.
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January 2, 2014 11:14:23 PM

No one can ever predict how and when Bitcoin mining will be at a safe and stable state. Speculations and factors such as mining difficulty and volatility could bring huge impact to your asset. Just like any other investment, it can potentially lose or gain.