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Topic	Is BitCoin mining worth it?
Syntheticon 07/03/17 12:07:01 AM #18:	Yellow posted... I just downloaded easyminer.. Made about 0.0000000005 LTC in two hours. One LTE is apparently $40, so... I'm wasting energy? Once upon a time (like, 3-5yrs ago), yes but now it's not very cost effective unless you do it on a massive scale. Treat it like stocks-set up an account with a bank that lets you manage in BC and make regular deposits then buy low/sell high etc. The taxation laws haven't quite caught up yet in that same way it applies with regular currency trading to take advantage while you can. <cite>Syntheticon posted [p:882236385] in Is BitCoin... [t:75524338]...</cite> <quote><cite>Yellow posted...</cite> <quote>I just downloaded easyminer.. Made about 0.0000000005 LTC in two hours. One LTE is apparently $40, so... I'm wasting energy?</quote> Once upon a time (like, 3-5yrs ago), yes but now it's not very cost effective unless you do it on a massive scale. Treat it like stocks-set up an account with a bank that lets you manage in BC and make regular deposits then buy low/sell high etc. The taxation laws haven't quite caught up yet in that same way it applies with regular currency trading to take advantage while you can.</quote> ... Copied to Clipboard!
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