Topic: humanity's dream to make a money (Read 406 times)

The time a person spends focusing on something that can make money (that's work). In interpreting work, it is not only measured like laborers or farmers who sweat to make money. How to make money varies greatly depending on the skills you have, it takes capital and effort to make money in any way. Mining bitcoins requires capital and effort, there's no way you can make money without being connected to the internet and confirming transactions.

Everything in life has a price to pay, nothing like free money as long as the planet earth exist, and anything free doesn't last long, more over Bitcoin mining has a price to pay, what are the prices, you most go for knowledge and not just wakeup and become a miner over night, therefore to archive your dreams by making money, you most go for knowledge and also acquired a relevant information towards the field of studies.

I partially agree with your statement. It is true that we humans are increasingly lazy, especially young people who are lazy to work, they do not want to work but still want to get money. But talking about bitcoin mining to generate passive income without doing anything is not entirely true. I am not a miner, but as far as I know, mining is expensive and not easily profitable. You also have to work very hard while exploiting because the maintenance, repair ... will take a lot of time, and the need for appropriate calculations to make a profit is complex. Investing or mining bitcoin is both more costly and laborious, it is not free as you think.

I don't think, it's easy to get free money from Bitcoin miners without work to deserve it because the miners that are there working every night and day to ensure they earn well from their work. If you are type of person looking for miracle money in the community, you better change your mind set, because it will be difficult to reap for where you didn't sow, if you invested in Bitcoin I believe your dream will definitely come through. I know that every human want to enjoy but you need to work hard for all the good things you wish yourself to manifest in reality by taking your time to purchase Bitcoin and hold for future purpose.

in my opinion, the name of a business or whatever, of course, requires hard work and capital,
Likewise, mining bitcoin certainly requires capital, hard work and so on.
because what I know is that all work is tired, no one is happy
so in my opinion all work requires struggle and hard work.

but a job will feel light if we live it patiently and sincerely.

You must make a sacrifice before you make money, either you sacrifice your time to make money, there is no free money, because if you want to make money you must work, even in the cryptocurrency or digital currency you invest in it or you sacrifice your time to get the money want to get. If money is coming in to someone life without investing in digital currency, someone will just wake up from sleep and start earn money in cryptocurrency. If you not are not working were would get the money  to established that mining rig. N o matter how the easiest way to make money you will still work, and do sacrifices before you the money. Am not take about human sacrifice, sacrifices like time quiting some settings things for other things.

The idea of making money without any effort is fraudulent because if it were true, people would simply sleep and earn money. Bitcoin mining does not offer free money as it requires significant investments in mining equipment and management. Additionally, it consumes a substantial amount of power supply. Thus, it is misleading to claim that Bitcoin mining is free. Ponzi Mining, which promises free earnings, is a scam. In reality, there is no such thing as free money, even in legitimate staking. To earn through staking, you need to invest time and money.

I didn't get your point here. You can only make money when you have money to invest in that. How you are so sure that it doesn't take money to build a mining rig? And trust me, if you want a decent one, they are not that much cheap. And also, in order to run them, you need energy. For to pay that you
need money too. You have said that without work, and I have only said money. So let me explain. If you are not working, you can not get the necessary money to established that mining rig.
And to maintain that rig, you have to learn it and take care of it. Which includes gaining knowledge and experiences. Otherwise, you won't be able to make the amount of money you are wishing for. And when all the Bitcoin will be mined, how would you earn then? Because Bitcoin has a limited supply, it is meant to happen one day.

That is what you call a passive income but this isn't simple as it sounds. We still need to learn first on how we can operate this thing that will generate us money even in our sleep. In our case here, we are talking about BTC mining but did you know that BTC mining is not easy anymore?

And it might not be really profitable on most countries due to the high electricity rates and extreme temperatures which can add more in the electricity cost. Maybe there are still coins out there who are not hard to mine as Bitcoin. Better we go on them instead. For those who can't sacrifice anything (time, capital,..) but only want to earn easy money, I don't think it's possible. It only shows that these people are lazy.

What are the concerns when we mine bitcoin? Don't just blame bitcoin as our earth heats up. In today's modern world, everything needs the energy to work, even your computer or phone consumes power to help you make money. We cannot call them causing environmental concerns or wasting energy. Bitcoin mining too, it consumes energy, but it creates benefits for society, for us, so it can't say much harm. Don't listen to the government propaganda, they just slander bitcoin to keep us away from it.

Basically you're saying that you can earn passive income thru mining?
It's possible since you will not work when the mining rigs have been set already. The question is:
1. How much will a mining farm will cost you. If you want to build a mining farm, you need to work in order to have money to build one.
2. How much knowledge you have in building a mining farm? Of course if you want to enter into something, you need to know it right?

The profitability of Bitcoin mining depends on some factors such as electricity costs, the type of rig that you're using etc. etc. I'm not a Bitcoin miner, and will never be because of high electricity costs here in our country, but if you think that Bitcoin mining will give you money passively then you're wrong because you need to be active in order for it to be working for a long time. You need to look at it most of the time. You need to calculate your profitability as well whether you're profiting or not.

If you're thinking of passive income, dividends is the closest one to it. Yes you will be needing huge sum of money, and you need to work hard for it as well, but when you have the capital already, and you already know the stocks that you will be buying, you don't need to do anything after that. Just buy the dividend stock, and just wait for it to give dividends. That's passive income.

are you serious right now, because this is the most sarcastic statement I have read online for a while, and is funny how the most hectic industry (cryptocurrency) is perceived by you to be a get rich without work scheme, this is a bad misconception of the fact.

Let's start with Bitcoin miners:
1: they invest huge capital into buying mining equipment and at the same time spent a lot of time and energy in configuring those devices to work, some of the miners go as far as building a mining farm instead of using personal space, to get the best environment for their mining activities which cost extra time and money.



2: miners spend every minutes and second monitoring the mining farm to keep it up and running 24/7 to make the best out of it, and also contribute to the Bitcoin network by confirming transactions without much delay.


3:  miners spent a lot of money on energy either by paying electricity bills or building up an alternative power supply in the form of solar systems which are very expensive to set and also maintain.

All the above-mentioned activities don't look like a no work and get paid scheme to me because every aspect of cryptocurrency requires work and investment of both time and money to make the best out of it, and the kind of mentality you have toward cryptocurrency is what male many believe that cryptocurrency is a get rich quick scheme and this mindset have led many into investing in scams due to greed and quest for an easy life which doesn't exist.

While it is true as you say, that digital currencies like Bitcoin have enabled people to earn money without a traditional job, but it is important to note that cryptocurrency mining is not entirely a "job free" process.

If you see, Mining requires significant computing power and energy consumption, which can have both environmental and economic impacts. The high energy consumption required for mining Bitcoin has raised concerns about its impact on the environment, particularly in areas where the energy used to power the mining rigs comes from fossil fuels.

I think it is necessary to properly understand the individual's desire to strike a balance between making money through digital currency mining and taking steps to reduce the environmental and economic consequences of this activity.

Lol, you could make money without working before BTC too. I can say more, you can't make money without working with BTC now, you can't just buy and hold it. Trading is work too.

You are referring to "Passive income" .....and mining for Crypto currencies are definitely not passive income. There are a lot of work and effort that goes into the configuration and maintenance of mining rigs and also the cooling of these rigs.

You have to be on 24hour standby to handle any problems that might happen with those mining rigs and then you have to deal with mining pools and the conversion of the tokens to fiat for utility payments. 

I think the one you mentioned is not the most suitable description, it is true that man tends to want to be rich without making an effort, but bitcoin was not born for this reason, it can generate wealth but requires initial investment and knowledge, but a miner only can not make you rich, maybe he could do it in 2008 but no longer now, man seeks wealth and wants it immediately but at present it is impossible

Do you mean the ASIC miners? Do you think that does who have purchased them to mine Bitcoin got it for free? The money that they'll use to pay for those for free? Don't ignore these people's hard work just to attain the money that they've paid for these miners. They're not all for free and it was a product of their sweat, hard work, smart work, sacrifices, and other things. It's an investment and that's been paying them off and people think that they're just earning money for free without knowing how it all started. If it was easy to have this equipment then everyone should have been a miner by now but it's not the case. We all want to work without working but let's face the reality that those who are at the top of their living have to work hard first before they've reached to that point of life that they've got multiple sources of income and earning passively like through mining.

Who told you it was humanity's dream to make money without working? And who told you Bitcoin miners make money without working? Because for the fact that these miners bought these expensive Bitcoin mining equipments, set it up and monitored it, making sure it runs  27hrs, 7days a week non stop so as the make sure our transactions are confirmed on the blockchain, that is work already, and likewise stuff such as trading, buying, selling & investing in BTC can also be classified as work also, but in a different dimension.
So please note that Bitcoin was created to over us financial freedom and not to encourage laziness.

For someone not to work and last for a year will only come to be if two of your generation are rich, you can't be poor and think that you won't work and there is one adage in my language that says any money realized without work cannot last. for me little work and plenty of money.

yes it's true that those who have money from their parents have lots of opportunities because their base are strong but those who are not wealthy have to earn by their own hard work. I think that bitcoin is possible for investment only when you work for it and i think without work you cannot achieve anything.

Success can be possible when you plan for something and then work hard for the achievement of this task or plan but if we don't work for earning and sit calm waiting and then think that money will come easily without work so it will be our big mistake.

It is important to work Continuously then if we earn some money then put it into bitcoin so in this way you will just keep calm for bitcoin to increase in worth and get benefit from it.