humanity's dream to make a money - page 3.

Die_empty

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Quote from: btcpepa04 on April 30, 2023, 09:17:51 PM

It was humanity's dream to make a money without working ,the bitcoin miner can give u money without work bitcoin, and all other digital currencies have achieved this dream as well.

I have no experience in practical mining but I know that bitcoin mining machines are expensive. You also need to connect or invest in electricity, maintain the machines, and pay for other expenses. I also know that miners possess some technical skills that will enable them carry out this task effectively. Miners also need to monitor the mining operation and endure some level of stress. This means that just like every other business for one to be able to make money from mining one needs to put in financial, human, and material resources.

So assuming that bitcoin mining will give you money without work is highly deceptive. You are showcasing the bitcoin sector as a get rich without work scheme. Bitcoin mining is a big-time investment that is associated with risk which sometimes can be profitable or lead to loss.

Bitcoin_people

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Quote from: btcpepa04 on April 30, 2023, 09:17:51 PM

It was humanity's dream to make a money without working ,the bitcoin miner can give u money without work bitcoin, and all other digital currencies have achieved this dream as well.

Everyone has a dream to earn money in his future. But you must do mining to earn bitcoins without work so you can earn bitcoins without work. But I think it will be better for you if you save some of your money instead of mining and later invest it in Bitcoins. There are some mining if you want to do it you must invest money first then you can earn bitcoins from that mining. You should invest rather than mining so you can be successful in making money in the future.

Suzume

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Yes you are correct from your point of view. But you might forget that bitcoin mining has certain steps that need to be completed first . Bitcoin mining requires you to invest a lot of money in the beginning without any profit. You need to find a place with low temperatures, where your electricity bills are low, and where you have to spend money on graphics cards and other equipment. In every way, if you want to be a bitcoin miner, you have to allocate a huge amount of money to mine at the moment. To buy equipments. You say mining is a way to make money no problem but if it is from our previous property you can ride a rickshaw but if you want to start from start you have to earn money by doing hard work and spend for mining. There is no guarantee that mining after that will always be successful. For this reason we can said that "along with efforts, hard work is required."

wxa7115

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Quote from: btcpepa04 on April 30, 2023, 09:17:51 PM

It was humanity's dream to make a money without working ,the bitcoin miner can give u money without work bitcoin, and all other digital currencies have achieved this dream as well.

I will recommend that you go back to the drawing board as you simply do not understand bitcoin, the consensus algorithm used by bitcoin is literally called Proof of Work, one of the reasons bitcoin has value is because it cannot be printed at will by the miners and instead they need to work hard in order to get it.

Looking at some of your other posts it seems to me you have the wrong idea of what is bitcoin, what it means to mine it and even what this forum is about.

Lorence.xD

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Quote from: btcpepa04 on April 30, 2023, 09:17:51 PM

It was humanity's dream to make a money without working ,the bitcoin miner can give u money without work bitcoin, and all other digital currencies have achieved this dream as well.

Of course it's everyone's dream to make money work for you, but for you to achieve a bitcoin money you'll need to think of the capital investment for it. And in the long term the expenses in the electricity, monitoring and cpu you'll have to manage it and remember there's still no guarantee you will succeed. It's still a good investment if you could handle it because there is sacrifice before you achieve those dreams.

mk4

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Money without working? Sure, you could argue that if you're only a small-scale home miner, but it comes with the risk of actually losing money depending on all your costs. (and don't forget, taxes are far stricter and a total pain in the ass in some countries). Also, it's like saying that you don't "work" just because you have employees. You still need to make sure the business is operating continuously and monitor everything.

As for a larger scale mining business? You're very wrong if you think there's no work going on behind the scenes.

pooya87

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Quote from: btcpepa04 on April 30, 2023, 09:17:51 PM

the bitcoin miner can give u money without work bitcoin

What bitcoin miners and other PoW altcoin miners do is literary called "work". There is no money earned without work anywhere including in the cryptocurrency world. Of course your definition of "work" may be flawed if you think work is only something you physically perform with your hands or a shovel!

Dr.Osh

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carrying out maintenance, as well as paying attention to the needs in mining is a job, even many are bothered about it. it's just that, this is a lighter job than the others. Apart from that, you also need to do financial management to run the mining, unless you have a trusted person to manage it all, but again that also requires quite a lot of money.
However, mining bitcoins can be a solution to achieve that dream. however, personally, I might prefer to add another business because I feel that mining bitcoins will continue to require additional funds such as upgrading hardware, and so on.

retreat

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Quote from: btcpepa04 on April 30, 2023, 09:17:51 PM

It was humanity's dream to make a money without working ,the bitcoin miner can give u money without work bitcoin, and all other digital currencies have achieved this dream as well.

That's right Bitcoin miners give you rewards without the need for you to work, but you need capital to be able to buy hardware and software. You also have to be able to understand how miner software works and set your miner tools to their best performance to be able to make a profit. Indeed, Bitcon miner can give you money without working, but that is also in accordance with your skills and the capital you provide, and your expertise in setting up the device you have, because if you are not good at managing your device it will make you lose .

S A KHAIR

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Quote from: btcpepa04 on April 30, 2023, 09:17:51 PM

It was humanity's dream to make a money without working ,the bitcoin miner can give u money without work bitcoin, and all other digital currencies have achieved this dream as well.

If making money from bitcoin without labor, that is not necessarily a good thing. It will make people become inactive and sedentary, causing more consequences than benefits. For me, labor is still something that should be maintained because only work can make people think and be more creative. If we are too lazy and just love to make money without working, the world will soon be ruined.

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Quote from: btcpepa04 on April 30, 2023, 09:17:51 PM

It was humanity's dream to make a money without working

There is no free lunch.

You must work to receive salary and use it for something like eating, drinking, healthcare and other bills. You have to turn on your Bitcoin ASICs, connect it to Internet, mining pool to mine Bitcoin by confirm transactions and receive bitcoin in mining reward (block reward or transaction fee).

Quote

the bitcoin miner can give u money without work bitcoin, and all other digital currencies have achieved this dream as well.

Bitcoin network is a Proof-of-Work network, you must work (by mining blocks, confirming transactions) to receive reward. No free lunch for Bitcoin miners.

Mr.corol

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Quote from: btcpepa04 on April 30, 2023, 09:17:51 PM

It was humanity's dream to make a money without working ,the bitcoin miner can give u money without work bitcoin, and all other digital currencies have achieved this dream as well.

First of all how do you want to earn money from Bitcoin? If you say invest then I think.
Only those who have wealth left by their ancestors can invest without working. Now what do those who do not have the resources to invest in Bitcoin? They have to earn money by working first and then invest. In addition to investing in Bitcoin, it is important to work. investing in bitcoins is not only profitable but also has the possibility of losses. What do you do when you lose investment? Then you have to sit on the way. So you have to invest in bitcoins in addition to working.

libert19

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Bitcoin miner you talk about asks for investment first. Humanity's work is usually to get riches first, so money can start working for them. This requires financial knowledge too, without it money is soon lost.

btcpepa04

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It was humanity's dream to make a money without working ,the bitcoin miner can give u money without work bitcoin, and all other digital currencies have achieved this dream as well.

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