Over last few months seeing the hike in the bitcoin price, I really want to get into
all of this cryptocurrency action .So with that being said let's take a shovel
put it into the ground and start mining for some bitcoin.I'm obviously
not that stupid I know I can't just mine bitcoin by digging in my backyard but
in allowing seriousness. If you guys are still living under a rock since 2017 and
don't know what bitcoin is well, it's a decentralized unregulated currency based
solely on supply and demand and I like to think of it as cash for the internet.
Over the past several years, the prices for this digital currency by the name of bitcoin have absolutely skyrocketed in value and this has caused a massive wave in a new industry by the name of bitcoin mining this is basically the equivalent of all of the people who were digging for gold in California back in the 1850s at first in the early 2000s bitcoin mining was super easy to get into as all you needed was your laptop to start mining some bitcoin and making some serious money but now that the price for a bitcoin has absolutely skyrocketed and the industry of bitcoin mining has become much more well known the business has a much higher barrier of entry and the people actually making money with it own mines with thousands of super computers worth millions of dollars after reading up on bitcoin mining i determined i really want to get into the industry but
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unfortunately all i have to get started is a four-year-old pc my
dad bought me for Christmas so for a week i mined bitcoin on my pc hoping that
i will earn enough money to buy that Lamborghini i have always dreamed of. When i first wanted to start mining bitcoin
on my pc i had no idea how to get started so to solve that issue I did what
most people my age do and i googled it from there immediately a YouTube video
popped up explaining how to start mining bitcoin in 2020 with nothing but your
laptop intrigued enough i clicked on that video watched it all the way through
to the end while simultaneously getting things set up and now i am making that
passive income with this website honeyminer.com.
This website makes it super
easy to my bitcoin and even the crappiest of computers as what it does is it
minds a bunch of smaller cryptocurrencies that take up less power on your
computer which then gets converted into bitcoin which then gets converted into
dollars if you so choose just for signing up for this application i got some
free bitcoin which comes out to about 20 cents in value so if you guys decide
you want to try bitcoin mining after reading this article all the way to the try
using www.honeyminer.com Over the next seven days I left my computer on a
mining bitcoin for 24 hours per day and every single day I maintained a record of how much money I made ,I thought this is going to be a very
interesting challenge guys and then took a little break leave
my computer on mining bitcoin and by tonight i checked how much i've made
so far. Can I mine Bitcoin?
Since i'm guessing honey miner is somehow in a different time zone. I left the good old pc running all night mining bitcoin while i sleep so i will check in tomorrow and so far i have mined a total of 0.00 bitcoin which equates to about 68 cents in value at this rate mining approximately 1 100 000th of a bitcoin every single day it will take us approximately 274 years before we mine just one bitcoin clearly things aren't going too well so far but i hope bitcoin production speeds up but i guess we will have to wait and see over the next couple days of this challenge and just like that over the next several days my computer mined bitcoin at a rate slower than a tortoise racing a hair by the end of day two of this challenge my computer had mined a solid .005478 bitcoin and after that throughout both day three and four of this challenge my pc continued mining.
For the day one,bitcoin mining update you guys can see that i had earned a little bit over 50 cents so far. Ignore the fact that it says the mining earnings have come in over three days . When i actually signed up for the honeyminer account and this is what we got as a signup bonus and then today was actually when we started mining and for some reason it split up over two days.
Since i'm guessing honey miner is somehow in a different time zone. I left the good old pc running all night mining bitcoin while i sleep so i will check in tomorrow and so far i have mined a total of 0.00 bitcoin which equates to about 68 cents in value at this rate mining approximately 1 100 000th of a bitcoin every single day it will take us approximately 274 years before we mine just one bitcoin clearly things aren't going too well so far but i hope bitcoin production speeds up but i guess we will have to wait and see over the next couple days of this challenge and just like that over the next several days my computer mined bitcoin at a rate slower than a tortoise racing a hair by the end of day two of this challenge my computer had mined a solid .005478 bitcoin and after that throughout both day three and four of this challenge my pc continued mining.
Like bob the builder all the way up to one thirteen thousandth of a
bitcoin which is worth about a dollar and twenty cents in today's market it is
now day four of this challenge and as you guys can see so far we have mined a
total of 0.00007576 bitcoin so far things definitely aren't going too well with
this challenge but i've literally made 1.20 so far in passive income doing absolutely
nothing except leaving my computer running 24 hours per day what i want to do
next to increase the total amount of money we make by the end of this challenge
is take whatever bitcoin we've earned so far put it into the online gambling
website rubet and boom hopefully we double our money this is probably a very
stupid idea but you know what guys i'm trying to secure a quick bag of cash so
let's hop into reubet join vegas virtually and hopefully we make some money all
right guys i am now sitting on rubet with some bitcoin in the account.
and now it
is time to get into the first and only game we are going to be playing on rwbed
and this is a game called crash this is basically where you bet a certain
amount of money it begins to multiply and you can pull out whenever you want to
take profits but the only issue is the game can crash at any point and you'll
lose everything i think the strategy i am going to go with is to bet literally
all of our money on crash three times in a row and cash out at a conservative
multiplier of like 1.25 or maybe at the max 1.5 hopefully this works because
we're literally betting all of the money we made over these last four days and
if things go wrong we will literally lose all of it all right guys as you can see
i am now sitting on roulette ready to join the first game.
I have an initial bet
amount of one dollar and 20 cents which is how much bitcoin we've mined so far and
i also have an automatic cash out at 1.5 which we may cash out a little bit earlier
on since i don't want to push my luck so guys with that being said as soon as this
round of rubet gambling ends i am going to bet on the next round and hopefully
we make some money we just placed it back guys keep going keep going keep going
be greedy be greedy it was at this moment that he knew he up no it
crashed wow guys that definitely didn't go as planned but you know what i am
going to pretend i never made the stupid decision to gamble our bitcoin mining
earnings.
And with that being said i will check in with you guys in a few days when
it has officially been seven days into this challenge and i will show you guys
how much i made mining bitcoin using nothing but my computer it has officially
been seven days since i started mining bitcoin with nothing but my pc and well
after leaving my computer running for 168 hours straight the total amount of
money we made is right behind the screen right here and it is two dollars and
22 cents or point zero zero zero one two four oh one bitcoin honestly guys i
wasn't really expecting a whole lot more than that since bitcoin mining is
literally 100 passive and i can't expect to become a millionaire by literally
leaving my computer running all day honestly i probably spent more on electricity
than i actually made mining bitcoin but luckily i still live with my parents and
they still cover that if you want to make some money with bitcoin i would
recommend that instead of mining it you invest some money into it. I
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