Bitcoin or Cryptocurrency Mining ...

**Walter** · September 30th, 2018 09:54 AM

Is anyone here doing this? ... or thought about this and done their research? ...

**BlancNoir** · September 30th, 2018 12:06 PM

Nope. Stay away. It's all hype.

And BTC - the most popular cryptocurrency is getting harder and harder to mine everytime a new blockchain is unlocked.

So think about it, what you can mine in an hour before, will take you a full day now or even more.

On the regulation side, it is not protected nor regulated by any governing body so wala kang habol in case na hack yung account mo or worse, they decided to just shut down one day.

On the liquidity side, not everybody is into crypto anymore so it's harder to buy/sell.

On the future? I think liquid and free cash is still king. Cold hard cash or cash in bank.

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**ice15** · September 30th, 2018 01:49 PM

Hmmm...

I've read a few articles about this early this year. Wife converted the extra room to a pantry... So no place at home for the rig

Fully-assembled crypto mining kits selling fast at Sim Lim Square

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**benchph1** · September 30th, 2018 01:59 PM

I’ve also read somewhere that its not viable to do mining here. Because electricity is more expensive compared to other countries.

Its interesting, yes. But anything thats not regulated by any authority will inevitably become out of control.

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**ice15** · September 30th, 2018 02:06 PM

South Korean millennials are reeling from the Bitcoin bust - The Verge

It can be risky, if you already have a place with 24/7 AC... The rig is basically a gaming PC that runs non stop.

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**istan** · September 30th, 2018 04:06 PM

Originally Posted by ice15

Hmmm...

I've read a few articles about this early this year. Wife converted the extra room to a pantry... So no place at home for the rig

Fully-assembled crypto mining kits selling fast at Sim Lim Square

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If you have bought that rig last Jan, you still will not have your roi today. Bagsak na e

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**timming_gear** · September 30th, 2018 06:12 PM

sa Nueva ecija. Ang daming na scam sa Bitcoin. Biggest scam in history nga, bilyon ata na iscam. Search nyo sa YouTube naibalita pa. [emoji23][emoji111]️

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**maxpedition** · September 30th, 2018 06:19 PM

Originally Posted by timming_gear

sa Nueva ecija. Ang daming na scam sa Bitcoin. Biggest scam in history nga, bilyon ata na iscam. Search nyo sa YouTube naibalita pa. [emoji23][emoji111]️

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Easy money na hindi nag materialized [emoji16][emoji16]

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**timming_gear** · September 30th, 2018 06:33 PM

Originally Posted by maxpedition

Easy money na hindi nag materialized [emoji16][emoji16]

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TV Patrol: Lider ng umano'y bitcoin investment scam, arestado - YouTube

TV Patrol: Angal ng naaresto sa bitcoin scam: Abduction iyon, hindi huli - YouTube

TV Patrol: 'Utak ng bitcoin scam, protektado dati ng ilang pulis' - YouTube

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**Demixl** · July 9th, 2019 09:30 PM

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