But yes, even mining at a loss, it is completely anonymous. You almost have to think that some of the hashrate is criminal organizations that are doing this. Cheap form of money laundering. 
Topic: Anyone mining at a loss? (Read 169 times)
I have thought about this quite a bit. I actually thought about writing a fictional book about it, dont steal my idea But yes, even mining at a loss, it is completely anonymous. You almost have to think that some of the hashrate is criminal organizations that are doing this. Cheap form of money laundering.
But yes, even mining at a loss, it is completely anonymous. You almost have to think that some of the hashrate is criminal organizations that are doing this. Cheap form of money laundering.
The only problem is you don't make a profit if you don't monetize your mining earnings.
Doing so anonymously is becoming more difficult due to KYC.
That being said I haven't bought a single Satoshi in my 7 years in crypto. all mining.
Doing so anonymously is becoming more difficult due to KYC.
That being said I haven't bought a single Satoshi in my 7 years in crypto. all mining.
I think it's a language issue. Here's my translation...
Buying crypto on an exchange now requires KYC so I obtain crypto only by mining, even if at a loss.
Buying crypto on an exchange now requires KYC so I obtain crypto only by mining, even if at a loss.
this is correct
I think it's a language issue. Here's my translation...
Buying crypto on an exchange now requires KYC so I obtain crypto only by mining, even if at a loss.
Buying crypto on an exchange now requires KYC so I obtain crypto only by mining, even if at a loss.
where the f have you given your private information previously? I have mined over 50 different coins and never have given anything in return?
Mining at a loss is actually good for me because its the only way to get coins without leaking all my personal information since all these companies get their data leaked. I lose money compared to normal prices but the peace of mind is worth it.
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