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Obviously the amount a bitcoin is worth is exactly the amount of money the average person spent to generate it, so you can't profit from it.

• thenomad 13y ago
  ... if you're the average person. Usually, in a situation like this, it isn't too hard to out-execute the average person at some point.
  • caf 13y ago
    The easiest way in this case looks to be somewhere with cheaper electricity than the average person.
    • thenomad 13y ago
      That's the conclusion most of the Bitcoin mining forums have come to, at least last time I reviewed them.
  • mavhc 13y ago
    The average bitminer, weighted by the people who invest more, who'll be more likely to be better at cutting costs. The interesting part is due to both the increase in miners, and the reduction of bitcoin creation rate over time, existing bitcoins will always rise in price. Always be deflating.