Bitcoin virgin trying to get a sense of the landscape. Is mining even worth my time? I keep getting mixed responses…

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Hey there.

I'm a single mom who has been pretty resourceful about generating income. I work three jobs (two from home, one standard "day job") to pay the bills & have a decent amount in savings each month. I like "beer money" projects and have always been interested in the concept of Bitcoin, but never really had the time to look into it properly. Until I, on a random Google whim, wound up looking the Bitcoin to USD ratios and couldn't believe how much it has appreciated since the big collapse. Holy shit. I'm really kicking myself that I didn't invest some of my "beer money" in Bitcoin. Oh well… But it got me thinking that maybe now is the time I start actually giving this a try.

I have a good computer at home that I work on, and I've looked at some of the mining equipment recommended in the various "Bitcoin Mining 101" articles and posts on Reddit. I wouldn't mind investing in one of these pieces of equipment since my computer is on and running all day anyway. I have a very fair/affordable electric bill every month so tacking on 10 or 20 bucks a month wouldn't kill me. From what reading I've done (and tried to understand), mining as a singular computer will pretty much yield me no result but if I enter into a few pools I may be able to generate some weekly small bits.

I'm also considering having one of my two extra jobs pay me in Bitcoin (or rather having my wages converted into Bitcoin). Which is the most reliable place to do this?

I'm also curious which wallet you prefer? I'd prefer something easy to manage on mobile since I'm out and about quite often.

submitted by /u/China_Doll_Mining
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1 CRYPTO

Crypto News & ICO Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

Ticker

1 BTC = $47166.76 USD  (via Coinbase)
1 ETH = $3507.41 USD  (via Coinbase)
1 LTC = $182.40 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

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