Bitcoin - anyone here do this?

[anotherwindowsuser]

Hi,

I would like to start learning about Bitcoin, I just watched a very interesting video o YouTube in which a guy who has solar panels for a home setup, would have made $3000 selling electricity back to the electric grid, however having used them to mine cryptocurrency instead, made $5000. I don't have that kind of space however, give the volumes of money made and that I may well just have a load of solar panels in the back of my car being used while the car sits idly, making money there possibly using these cheap usb crypto miners, I wonder if I am onto an idea for a small passive income.

I have watched three videos on bitcoin on YouTube and despite being quite used to computing and science, indeed I consider myself an intellectual, it just seems confusing (or possibly those videos were not very clear). My brother maintains complex websites for a living and he told me he gave up on it lol. Surely there is an easy way to learn this?

Thanks in advance

 

[kemiy]

Hi,

I would like to start learning about Bitcoin, I just watched a very interesting video o YouTube in which a guy who has solar panels for a home setup, would have made $3000 selling electricity back to the electric grid, however having used them to mine cryptocurrency instead, made $5000. I don't have that kind of space however, give the volumes of money made and that I may well just have a load of solar panels in the back of my car being used while the car sits idly, making money there possibly using these cheap usb crypto miners, I wonder if I am onto an idea for a small passive income.

I have watched three videos on bitcoin on YouTube and despite being quite used to computing and science, if I need further clarification, I might try reaching out to the CNN phone number for more insights, indeed I consider myself an intellectual, it just seems confusing (or possibly those videos were not very clear). My brother maintains complex websites for a living and he told me he gave up on it lol. Surely there is an easy way to learn this?

Thanks in advance

Bitcoin mining can be profitable, but using small USB miners likely won't generate substantial income. Bitcoin mining requires powerful equipment, typically ASIC miners, which are much more efficient than USB miners. While using solar panels to power mining equipment could potentially reduce electricity costs, you would need a significant amount of power to run the necessary hardware. If you're new to Bitcoin, I recommend starting with beginner-friendly resources like Bitcoin.org, Coinbase Academy, or Binance Academy. These platforms offer clear explanations of how Bitcoin works and how mining operates. Consider taking time to research mining profitability before investing.