I spent a couple of days mining many years ago and got 2 bitcoins. At the time, they weren't worth the electricity they cost to mine and over time I lost the wallet and all information related to it.

I'd love to mine a bitcoin a day on my PC now...

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jmuguy 2 hours ago | parent | next [-]

My wife doesn't like it when I tell the story of the hard drive I threw away with a wallet with 2 dozen BTC on it.

But lets be honest - when BTC hit 100 bucks, we would have cashed it out thinking we were geniuses.

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throwaway041207 2 hours ago | parent [-]

Yep, I timed the top of the market perfectly and cashed out 5 BTC at ~$80/BTC.

	▲	fileeditview 2 hours ago \| parent [-]
		You are better than me. Back when you could mine BTC with the CPU, i had about 2 coins. I found it useless and silly and deleted my wallet at some point :)

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fsckboy 2 hours ago | parent | prev | next [-]

>they weren't worth the electricity they cost to mine...I'd love to mine a bitcoin a day on my PC now...

you can!... but they wouldn't be worth the electricity now either. the cost of mining (amortization of hardware costs plus electricty) is the value of bitcoin. if bitcoins are a bargain to mine, more people will mine them thereby reducing rewards.

should you have mined more back then if you had magical perfect knowledge of the future? no: they weren't worth the electricity.

instead you should have bought more of them back then.

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foobarian 3 hours ago | parent | prev [-]

Think on the bright side, at least you didn't spend 10000 BTC to buy pizza... speaking of which, Bitcoin Pizza Day coming up in just over a week!

https://www.coinbase.com/learn/crypto-glossary/what-is-bitco...