As I walked by a podcast interview at a recent Bitcoin conference, I was made to laugh. “People say Bitcoin mining isn’t profitable. Well, if you mine Bitcoin now, and if the price goes up, doesn’t that mean Bitcoin was profitable?” The key word there being “if.” That “if” makes the above-stated proposition nothing more than speculation, but leave it to a Bitcoiner to turn speculation on a nascent technology into a workable business model that people - especially young bitcoiners - can depend upon. The reality in Bitcoin is the general pay for most people is around $10 per […]
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