Awesome post!. I like your setups from back in the day. I too jumped on the mining trend back in the day. In a sense, if you mined in the beginning, There should have been some profit considering the fact that the price of bitcoin went up. The amount you mined might of been small back then, but should be worth a little something today.
It's definitely hard mining when you have guys with big money starting up huge mining farms in remote places where cooling isn't an issue.
You are viewing a single comment's thread from:
I don't fault the big industrial mines. If I had the resources to do it I would! I tried to optimize as much as possible but it was rough.
True but then if someone has a monopoly with the hashing power, it's kind of the rich stay rich, and the poor stay poor. Only the big businesses can pay for the creation of new mining machines. Everyone else has to stay on the bottom and use what they put out.
The rich will always get richer if they make the right choices. Money is like stored energy and time. Unfortunately for those who don't have a lot of stored energy and time have to figure out how to get there. It isn't easy condensing time to switch from paying interest to earning interest. It is tough busting out of the middle class rut.
Well said my friend.