6 upvotes, 1 direct replies (showing 1)
View submission: /r/Bitcoin FAQ - Newcomers please read
Just wanted to ask, is there any point in mining Bitcoins? Or even mining lesser valued Cryptocurrency? All I see online are comments saying it's pointless but why?
Comment by BinaryResult at 30/11/2017 at 02:14 UTC
3 upvotes, 0 direct replies
It's not pointless, it secures the network and processes transactions but hobby miners usually mine for a loss so it makes more sense to just buy Bitcoin directly.