Joey deVilla joined a Bitcoin mining pool (where people collectively contribute their spare computer CPUs and share the Bitcoins they mine).
Since Saturday he's made about 4 cents mining Bitcoins and about $40 dollars from ads running on his article about mining Bitcoins.
"To summarize: I made 1000 times more money by writing about mining Bitcoins as I did by mining Bitcoins."
Which makes more money: mining Bitcoins or writing about mining Bitcoins?
Craig Wright’s latest effort to prove himself the creator of bitcoin ended in farce, but some commentators are tired of the whole saga, saying that it doesn’t matter who invented Bitcoin because its decentralized nature renders the creator irrelevant. Adrian Chen disagrees: “the idea that Nakamoto’s identity is irrelevant is wishful thinking.” Most obviously, Nakamoto’s […]
Aussie entrepreneur Craig Wright backed off from his offer to produce more evidence that he is Bitcoin creator Satoshi Nakamoto. He’s also wiped his website, except for a final, rather ominous message. The BBC reports that he regards himself as the victim of false allegations after security researchers revealed his earlier “proof” was no such […]
I’m a research director at Institute for the Future, and I interviewed author Douglas Rushkoff about his latest book, Throwing Rocks at the Google Bus: How Growth Became the Enemy of Prosperity. It’s a terrific look at the way the current system of wealth creation is rigged against everyone but the financial gatekeepers at the […]
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Jared Sinclair developed the RSS reader app Unread, which made $10,000 in its first 24 hours on the iOS market. And we’ve all heard the story of Flappy Bird developer Dong Nguyen, whose creation was reportedly earning $50,000 a day at the height of its 2013 explosion. While those are rare examples, they’re also testament to the […]