I spent a couple of days mining many years ago and got 2 bitcoins. At the time, they weren't worth the electricity they cost to mine and over time I lost the wallet and all information related to it.
I'd love to mine a bitcoin a day on my PC now...
I'd love to mine a bitcoin a day on my PC now...
But lets be honest - when BTC hit 100 bucks, we would have cashed it out thinking we were geniuses.
For the record, they're still useless and silly, that just doesn't stop people from exchanging a nonsense amount of money for them.
you can!... but they wouldn't be worth the electricity now either. the cost of mining (amortization of hardware costs plus electricty) is the value of bitcoin. if bitcoins are a bargain to mine, more people will mine them thereby reducing rewards.
should you have mined more back then if you had magical perfect knowledge of the future? no: they weren't worth the electricity.
instead you should have bought more of them back then.
https://www.coinbase.com/learn/crypto-glossary/what-is-bitco...