Crypto fan using mini-Bitcoin mining device earns $206,000 overnight

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Last Updated on 27 July 2024 by CryptoTips.eu

You have probably seen it pop up as an advertisement on Google or some other search engine. Those little DIY (do it yourself) Bitcoin mining devices that the internet tries to sell you because you are a person who sometimes reads articles about crypto and digital currencies.

Cookies track what you read, hence you receive advertisements for those devices. The powers that be know you have a credit card, are into crypto and so ….

Advertentie.

Mining device for $120

Well, before you click away that ad next time, do note that an unknown crypto fan with a device like this costing about $120 had put it to work mining Bitcoin and turned very lucky this week. In the race against the major Bitcoin mining companies, he struck the jackpot. As he mined the last block, it just earned him 6.25 BTC or $206,000. Not bad for a $120 investment, of course.

Normally, operating with such a device is usually not profitable, since you mainly pay for electricity to run it 24 hours a day and you have one chance in a billion to mine a Bitcoin block. However, given the large number of Bitcoin mining companies operating worldwide, that opportunity occurs every 10 minutes. In essence this means that you can win 6.25 BTC at least once every 20,000 years.

A very lucky miner. Congratulations.

Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / [email protected]
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