Buying a mining machine actually led to a quarrel between husband and wife! Is it worth getting a divorce for Bitcoin?

The two global ransomware outbreaks have made people from all walks of life begin to know Bitcoin. This digital asset, which was born seven or eight years ago, has begun to enter the lives of ordinary people more and more, and its huge investment value has fascinated many people.

The latest news is that the husband used all the money for buying a house to buy mining machines, which caused a rift between the couple and eventually led to divorce.

According to the wife, it is more important to buy a house early, pay the down payment and have children, but the husband thinks that at such a young age, he should not be burdened by children and houses, and it is more important to buy a batch of mining machines to mine Bitcoin, and maybe he can get rich and buy a bigger house. The two quarreled fiercely, which can be said to be a more bizarre story than divorce and house buying.

So is mining Bitcoin really more reliable than buying a house? Judging from the reactions of netizens, everyone still supports the wife, which also indirectly shows that the public still regards Bitcoin as a risky investment rather than an opportunity to get rich.

In fact, at the beginning of last year, the price of Bitcoin was only more than 2,000 yuan, and at the beginning of this year it was only more than 6,000 yuan. Now it has suddenly risen to 18,000 yuan, which can be said to be a huge wave of market conditions.

As of press time, the latest price of Bitcoin shown by Bitcoin China is 18,129 yuan.

The ransomware incident truly made ordinary people around the world aware of Bitcoin and popularized the blockchain technology that gave birth to Bitcoin. This technology can be said to have also led the direction of technological development in the financial industry and has become the hottest word in current Internet finance.

The current price of Bitcoin is 18,000, which has reached a new high. When it was first created, it was only a few cents. In just a few years, it has increased by a million times, so it is no wonder that people are crazy about it. As for what it will be like in the future, I am afraid many people don't know.

But compared to buying and selling Bitcoin, mining Bitcoin is more like a business. The risk is not as great as trading Bitcoin. Even when the price of Bitcoin is not that high, mining is a profitable thing. With the surge in the price of Bitcoin, I believe that people will invest more resources in mining, and in this gold rush, the mining machine business has become a good business.

Water seller on the gold mining shore

Currently, there are too many people mining Bitcoin, and the computing power of the entire network is very large, so a larger number of high-computing mining machines are needed to mine Bitcoin more efficiently. How large should this scale be? It is larger than many people imagine, because in the end you will find that the cost of mining is not the mining machine worth thousands of yuan, but the electricity consumed by the mining machine.

Many Bitcoin mining farms have thousands of mining machines, so large that they need to rent a small hydropower station to support such a large amount of electricity consumption. So the guy who exchanged all his house payment for mining machines may be dragged down by electricity bills before he even starts to make money.

Although mining is a tough business, the profit is stable. If the husband in the news finds a suitable place to provide electricity, the mining machines in his hands can still mine bitcoins worth much more than the cost. This investment may not be worse than buying a house.

In general, many new things will be born in the technological age, which contain huge social value. We must study more new things. Maybe there will be opportunities to make a fortune among them.