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Old 05-15-2013, 09:22 AM  
notjoe
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Join Date: May 2002
Location: Toronto, Canada
Posts: 5,599
Quote:
Originally Posted by MikeRoth View Post
That's because when you mine bitcoins you make profit no matter what price you sell them at since you didn't pay for them in the first place,
That assumption is false. Mining bitcoins cost you money. You need to buy computer hardware. You need to pay for power. Unless you do the math it is just as easy to lose money as it is to make money.
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