smh

Just sad that I wasn't in position to capitalize on the "special knowledge" I had at the ground level of BC.

can yall just make a time machine and tell every zoomers parents in the year 2000 this single word:

“bitcoin”

How's /biz/ doing lately

Fuck

Look, if you were aware in 2k BC was fucking obvious.

Just checked my value

700 USD

From what i knew, /biz/ was a shitshow during the crash

I was, but I wasn't in position to capitalize.

I feel like you'd have to have a big return if you invested all that money in a serious bitcoin rig tho.

Depends on location

Other currencies might be more profitable

Depending on life, how many coins are given out per operation, etc

we crypto rig

well

And later on, circa as late as 2012.. I still wasn't in fucking position despite it being obvious.

how does crypto mining work anyway

can i just use my pc to get free neetbucks

You use your hardware to complete mathematical equations

Everyone in a ‘pool’ is working on one really big equation

You get rewarded based on how much you contribute to the completion

But it's taxing on the PC such that power to BC is relevant for profitability.

Usually, a percentage of 1 bit coin

~~what if i solve it myself~~

Hence why there’s many numbers after the decimal point

Then you get the full reward

The equation is so complex now, it needs a shitload of processing to guess the answer

also what are the equasions even for

nasa?

@Weez i meant

Nothing

Sadly

I remember when I first had ti explained to me seven years ago by a freaky early adopter

with my own brain

The onset was whole bitcoins because few people were doing it.

And I'm like

im like

Could I rake in massive dosh if I had a quantum cpu doing the dirty work

That's an example of rigs I've seen.