What was your first thought when you started mining bitcoin

medialounge

medialounge

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Like everyone,there was a simple video on YouTube then in 2010 about mining and the difficulties they could come along the way

I simply thought,what kind of currency was this
Meanwhile, I experienced scams like egold and liberty reserve of 2006 or so

Got discouraged along the line as went on doing deep finding if there was any support from the FBI but there was none

I just stopped there and forgot the 0.5 btc I already mined
Boy ,like I could get hold of that disc again I did the mining, should be work atleast 40k USD by now
But then,I made up my mind not to miss such opportunities again
 
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Ha ha.. wish i culd know the movement just before 5 minutes..lol
 
medialounge said:
Like everyone,there was a simple video on YouTube then in 2010 about mining and the difficulties they could come along the way

I simply thought,what kind of currency was this
Meanwhile, I experienced scams like egold and liberty reserve of 2006 or so

Got discouraged along the line as went on doing deep finding if there was any support from the FBI but there was none

I just stopped there and forgot the 0.5 btc I already mined
Boy ,like I could get hold of that disc again I did the mining, should be work atleast 40k USD by now
But then,I made up my mind not to miss such opportunities again
Click to expand...
My father was thinking of buying 100$ worth of Bitcoin a long time ago when 1 BTC was like 1$. We would be millionaires if he had bought and holded.
 
Returning to a saying I am very fond of: if we could know the future, everyone would already be rich—so we can only seize the opportunities right in front of us.
 
Back then most people thought BTC was just another weird internet experiment that would disappear. Hard to blame anyone because crypto space was full of scams already at that time. Crazy part is early opportunities always look stupid until years later.
 
My first thought was that I was a sort of scientist that was going to make millions. And that didnt happen.
 
My first thought was how do I keep these things cool. Then it was shit this cap-x is ridiculous.
 
Back when BTC was still relatively cheap, I used to mine Bitcoin and made a pretty good profit from it. Later, things became much more difficult, so I eventually gave up.
 
medialounge said:
Like everyone,there was a simple video on YouTube then in 2010 about mining and the difficulties they could come along the way

I simply thought,what kind of currency was this
Meanwhile, I experienced scams like egold and liberty reserve of 2006 or so

Got discouraged along the line as went on doing deep finding if there was any support from the FBI but there was none

I just stopped there and forgot the 0.5 btc I already mined
Boy ,like I could get hold of that disc again I did the mining, should be work atleast 40k USD by now
But then,I made up my mind not to miss such opportunities again
Click to expand...
Did you come across such oppurtunities in future?
 
Bitcoin mining is no longer profitable these days. The costs are much higher than the amount you can earn.
 
I kind of knew that it was going to be very big since it was marketed as the currency of the internet. The world would be virtually virtual so, simple logic that it’d have its own digital currency. But every time I tried to get in, there was one issue or the other, some personal, others external out of my control. The lesson learnt was that nothing good comes easy, one has to just keep on trying. And it keeps repeating itself that anything that is worth it, will bring obstacles, but those who win are those who just keep on against all odds.
 
medialounge said:
Like everyone,there was a simple video on YouTube then in 2010 about mining and the difficulties they could come along the way

I simply thought,what kind of currency was this
Meanwhile, I experienced scams like egold and liberty reserve of 2006 or so

Got discouraged along the line as went on doing deep finding if there was any support from the FBI but there was none

I just stopped there and forgot the 0.5 btc I already mined
Boy ,like I could get hold of that disc again I did the mining, should be work atleast 40k USD by now
But then,I made up my mind not to miss such opportunities again
Click to expand...
Honestly speaking i never given a shot for miner and i always regret for not doing that because I been dealing with crypto since 2010 but I've never mined or hold
 
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