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Topic: Is Bitcoin simply unlimited? - page 2. (Read 1416 times)

sr. member
Activity: 840
Merit: 254
January 17, 2017, 11:09:09 PM
#2
Thats basically the question... I mean, if I had a mining farm in my house, could I mine from it forever and ever? I don't know 100% how bitcoin works, but it kinda triggers me when I think about it.
Yes and no, with a collection of mining rigs you could mine bitcoin, but as time passes on the difficulty will increase and with it the revenue you obtain out of it will get reduced, if the earnings are too low you may lose money and you will not be able to run your mining rigs anymore.
newbie
Activity: 8
Merit: 0
January 17, 2017, 11:03:03 PM
#1
Thats basically the question... I mean, if I had a mining farm in my house, could I mine from it forever and ever? I don't know 100% how bitcoin works, but it kinda triggers me when I think about it.
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