Yeah, BTC was my first crypto too! But what about altcoins? Have you bought any?
My first coin was BTC. I got it through mining in 2011. I have few coin, but I forget the phrases. My coin will be rusting somewhere.
Btw, my first altcoin is Solana.
Hi can you share more information on how you got into Bitcoin mining
Hi @Faruq24,
Do you ask me? If yes, it was an experimental act. I used a old server at that time, run only when I worked. I remember how easy to earn 0.5 BTC at the time.
wow i’m actually a newbie in the crypto space and just learning about crypto mining so im amused seeing someone do it, it’s quite intriguing learning it but i don’t have the skills and resources to venture into it, also heard it consumes a lot of electricity
Hi @Faruq24 ,
Mining bitcoin is not cheap. Early, mining bitcoin was easy. We only needed regular processor. Nowadays, the increase of hashrate, it’s impossible to do it by processor. You need at least 1k VGA to earn 0.00001 BTC.
4-5 years ago, I used 1 rig for 4-5k USD, to earn around 0.02 BTC/month. The electricity bill around 900 USD/month.
I think the momentum with crypto is almost pass. It’s better to stay away and be careful.
wow that’s massive, since i’m new in the crypto world still learning babypips course; can you explain to me other ways of making money in crypto starting from scratch and can i have your whatsapp contact as well if you don’t mind
I hear about Crypto like many years ago when Bitcoin is around $15000. I bought some LTC and sold it for 10% profit in like a week. Then DOGE with 30% profit in 2021. Back in those days, I was 2x and now I was more mature and kinda regret for those decisions.