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When people first started mining Bitcoins they were making absolutely no money off the coins because there was no where to cash them in and they were only worth about what Dogecoin is worth right now.
You could buy 1000 Bitcoins for a penny...
So, right now we've entered the first time in Dogecoin's history where a GPU miner is probably losing money every day (unless they get free or dirt cheap electricity).
But have no fear, because once we get to the moon those "daily losses" will have become "daily gains".
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- 10 years ago
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