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You’re really not going to get anywhere “mining” Bitcoins, because the difficulty level is so tough these days that only “server farms” can come out ahead.

In the early days of Bitcoin you could do “mining” pretty easily - but one Bitcoin back then was only worth a fraction of a penny. Today one Bitcoin is worth over a thousand dollars.

BUT with this recent spike in price, I would wait for it to fall back down. It was only a few months ago that you could get one Bitcoin for about $60 or so. I suspect it’s going to fall back down from this high point - unless so many new people have been drawn into Bitcoin that this is new floor price for it.

There is another article that I read that said the ultimate price that one Bitcoin will end up being is ONE MILLION DOLLARS. The guy did a thorough analysis of it and that’s what he came up with. I think I can find that article again and post it on Free Republic.

It’s like gold in that people have bought gold at the wrong time in the past and have “lost their shirts” on it and were sorry they ever got into gold!

But it’s sometimes hard to know the “right time” to get into something like this. I sure do wish I had gotten into Bitcoins when I was first thinking and talking about it. I would have turned $60 into $1,200 in a matter of just a few months - and that’s for one Bitcoin. Another way to look at it - is that I could have taken $10,000 and put it into Bitcoins - and a few months later (today) - I would have $200,000!