Almost a year ago, I bought a Bitcoin miner for $25. Here are the results and my opinion on whether a device like this is worth it. This machine connects to a pool where millions of similar devices try to solve a block. Basically, it works like a lottery, but with an extremely low probability.
This miner consumes approximately $2-3 in electricity per year and costs around $25. If your device manages to solve a block (which, as I mentioned before, is very unlikely), you would receive a reward of 3.125 BTC.
I’ve had the machine running for almost a year, but it hasn’t solved any block. It was clear that for $25, it wouldn’t generate consistent profits, but having a machine like this is like participating in a lottery every second. #BURNGMT Besides the main pool, it also has other pools where you can mine different coins. Should I try connecting it to another pool? ❗THIS IS JUST AN EXPERIMENT, NOT FINANCIAL ADVICE. DYOR.❗#ETHCrosses4K #PEPELeapsToNewATH
BIG DUMP IS ON THE WAY! BTC price will reach around 64500 then will dump around 58000 by manipulators in few days believe. After that in a week price will be around 62000. After 2 weeks the Price will be 52000. On a week will be 58000. And big dump is mid January, around 44000. Big wheales will be more reach, individuals around 98 % will loose big. #BTC
#TRB I'm looking for a short term pump. Position: Long Leverage: manage your risk Entry 129 TP 1: 145 TP2: 148 SL: 123 DYOR. Good Luck! Stay safe. This coin is risky. Full of liquidity swings. #BinanceLaunchpool #BlackRock #BTC🔥🔥🔥🔥🔥 #altcoins #BTC
$UMA BULLRUN EXPECTED ! 🚨 . . . . UMA's funding rate is negative, suggesting manipulation, making trading risky. The ideal entry point was at 3.15, but a rally is more likely now. There's a discrepancy between price and open interest, indicating potential manipulation. Key resistance levels are at 4.3 and 4.8 for a rally. Until open interest surges and breaks out, trading UMA is volatile and risky, especially for beginners who should approach with caution or avoid it altogether. #altcoins #trading #buythedip #BTC $BTC #bullish #ETHETFS #BlackRock #buythedip #pepe回調