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Bitcoin
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KAD
Posted 11/15/2018 08:13 (#7106804 - in reply to #7105568)
Subject: RE: Bitcoin


WC MN
You need a bitcoin miner (basically a specialized computer running 24-7). As each bitcoin is mined it gets increasingly more difficult. I read it will take 100 years to mine the last coin. There are places in China and Russia that have warehouses full of miners. Electricity is the is the big operating cost. Early on they were a lot easier to mine for the power used. Now power costs are much higher because of increasing difficulty.
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