Is bitcoin mining waste of time and money? - Quora

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I'm Done Mining Litecoin - Reckoner

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Oct 23, 2013 My advice is to not spend time, effort, or actual dollars on Bitcoin. It's ridiculous and a 100 percent waste of time. So, stop mining, and focus on making real dollars. Underground economies don't work. Focus on something productive like viral videos, Gangnam style dancing, flash mobs, or taking up a new 

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Apr 11, 2017 - 8 min - Uploaded by joebonsaipolandHoly Joe Rock and Roll (HJRR) presents after several months of small scale BITCOIN mining I

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Sep 30, 2016 While a mining pool and its spy miners get a headstart mining on top of the new block, all other miners waste their resources. (At least for some time, depending on the safeguards imposed by spy miners.) Amazingly, this even means that mining pools can gain advantage by being sloppy. Mining pools can 

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Dec 16, 2017 Jordan Belfort believes the controversial cryptocurrency is in a bubble and could be set to plummet in value soon.

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Nov 30, 2017 The Bitcoin network consumes more electricity than 159 individual countries including ireland, a new report by CBS revealed. Opinion: Bitcoin Mining Consuming More Electricity Than 159 Countries is a Positive. Bitcoin mining Christmas lights are a waste of energy.” For other public blockchain