Hacker News new | past | comments | ask | show | jobs | submit login

Having friends that did this you would be surprised how much of it was mined away. My friend bought some early and lost it all do to mining.



What do you mean?


So in the beginning you could mine bitcoin on a computer but as the price went up to continue mining and pay for power you need better hardware. I believe he just set up the machine to autopay the electricity bill as it mined so he essentially lost his bitcoins paying the bills. Basically there was no payout for mining on the same hardware as time went on.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: