Forum Replies Created
Mining crypto is something I don’t really understand. I understand that miners are awarded currency for participating in running the massive network that is required. I believe that the hardware needed needs to be incredibly fast to catch and process transactions and make new updates to the ledger.
For the life of me, I fail to see the attraction, the amount of money needed to invest in buying hardware must be huge, and the ongoing electric bills to run the machines has also got to be tremendous. I can only see it work if you had a solar or wind system to produce the power needed and a massive battery backup system to provide power when solar/ wind options are not available.
Is anybody doing this?
I am part of a start-up that is going to become massive. We started to look for investors. We are talking millions of dollars. Low and behold, Covid popped up, and the markets crashed last year. Find someone to invest in your idea when their portfolios just got slammed, and the future seems bleak. It turns out, we didn’t raise a single dollar, but we found a group of computer programmers that have agreed to build a minimum viable product for shares in the business.
The bottom line the project is being worked on, and it does not cost anything. If it works out in the end, everybody wins.
Look out of the box; there will be a solution.
With two shots of bourbon 🙂
I have a 20-year-old that would be perfect for you! Seriously,
Keep me posted.