What happens to the mined crypto money?

Started by keiron, Aug 04, 2022, 10:14 AM

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keironTopic starter

I find it intriguing that many individuals are attempting to mine cryptocurrency and engaging in bitcoin faucets. When SATOSHI is accumulated, some people become disheartened and abandon it.
I am curious about what ultimately becomes of the accumulated SATOSHI and the quantity that is retained.


Perhaps it is necessary to withdraw these accumulated SATOSHI in order to prevent them from being lost. Faucets may close down or become inaccessible, and similar issues can arise with certain games where all earned rewards must be collected at once. It may be worth considering how to prevent such situations from occurring.

In the event that earnings are left unclaimed, it is likely that they will eventually return to the creator of the bitcoin faucet. To avoid issues with withdrawal, selecting faucets with a low minimum payout and automatic withdrawal could be helpful. Additionally, it's important to keep in mind the potential risks and environmental impact of cryptocurrency mining.


I think the creators of bitcoin faucets are also counting on this, i.e. the name is loud and attractive, but in reality it is not so easy to get the same minimum of 10k satoshi. At the stage when the user is desperate to collect the required amount, he is offered even more murky schemes to allegedly speed up the process: referrals, parallel work with many faucets, etc. All this serves the only purpose - to gain as many "free" ad views as possible for their customers. :D

nikola Kras

I know a lot of people who have forgotten the passwords from their crypto wallets and cannot log into them. Your Satoshi will not go anywhere for a very long time, the main thing is just not to forget the wallet data. Thus, a lot of bitcoins are simply inactive and not used in any way, and people have lost hundreds of thousands of dollars.


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