Hi /g/,
Is bitcoin dead ?
Is there any point in investing huge money on mining hardware at this time ?
A friend of my boss apparently bought some mining hardware for $25k but he knows nothing about computers, so they're asking for my help. What's the current state, is it worth it for a normal pay? Will the man get rich?
considerate bump
saged, but you won't make your money back now with btc
that ship sailed years ago
>>51986114
I didn't spend any money. If anything, I will get some money anyway. Someone else bought the rig without knowing much about computers.
So I'm just going to set up the mining for him and maybe maintain it. I should get some low-wage for ~1hrs of work a day
>Is bitcoin dead ?
no
>Is there any point in investing huge money on mining hardware at this time ?
probably no
>What's the current state, is it worth it for a normal pay?
no
>Will the man get rich?
hopefully not
He should have bought 25k worth of BTC rather than mining HW in >2015.
>>51986181
Yes, that's what I was thinking.
But I don't know if I should try and talk him out of it, or go with it and get some sort of payment for setting it all up.
>>51986237
leave him and get the $$$
>>51985616
>Is bitcoin dead ?
no, it's still the no.1. payment method for drugs
>Will the man get rich?
nah, i doubt he'll get his investment back within his lifetime
Still good, I buy some random shit with BTC.
I mined 30 bitcoins back when GPU mining was hitting it's limit.
It's useful whenever I want to buy something online, plenty of places accept it.
>>51985616
It all depends how cheap you can get your electricity
>>51986181
That would be smart anon. It went up for like 100$ in a month.
I have about $80 in btc and I've found quite a few uses for it
>>51986114
>2k15
>saying you saged a thread
>being edgy
>breaking rules
>>51987905
The only way I use my bitcoin is trading, gambling, or buying food from the small Indian restaurant in my town.
But 80 dollars? That must have taken around two weeks to mine.
