Bitcoin Miners- A Modern day Shovel in a Modern Day Gold Rush

It's impossible to ignore the tremendous and unprecidented rise of Bitcoin and other crypto currencies. A real life modern day gold rush, making millionaires from many early investors and sly upswing capitalists. Many have no idea how Bitcoin and crypto-currencies work, or what value, if any they posses. Despite their lack of understanding, there has been a huge influx of investors placing their bets on crypto-currencies like Bitcoin, Ethereum, Litecoin, and other top currencies in fear of missing out on the seemingly enevitable rise of the digital currencies.

The rise of Bitcoin has had remarkable intrigue to the mass public, as we all watched the penny currency rise to tens of thousands of US dollars in value at a rate nobody expected. Timing is everything in investing; stories emerged from far and wide, of new rich that made a fortune buying into BItcoin when it was much cheaper than today. Being emotional beings, we connect to the stories of others and their excitment and feelings of having great success from such a simple act as to anticipate the success of a currency.

We must remind ourselves that anecdotal data has no bearing on our experiences. However we can learn from stories of the past, drawing valuable comparisons between experiences across a broad timeline. One story that comes to mind is the Gold Rush of the late 1840's, where Americans in California literally rushed to dig for newly discovered gold in the Sierra Nevada goldfields. Some may recall the story of the man that sold shovels during the goldrush making the first $1Million. Sure money is better than a chance at money, was the lesson of the story; and we can perhaps learn from this in today's modern gold rush, but how?

How do we shovel for the new gold (Bitcoins)? With Bitcoin Miners.

A Bitcoin Miner is a computer designed to mine bitcoins for you. This is how you gain Bitcoins without buying them, you run the machine and it "mines" bitcoins for you. There are also miners designed for mining other major crypto-currencies, like Litecoin, Ethereum and Dashcoin. Many are buying miners for the same reason people are buying into bitcoins, as a way to possess some of the much-hyped currency that may be the future of currency. How do you make money without getting involved in the risk of the digging and mining? by selling the shovels, the miner machines.

For more info on these Bitcoin miner machines, click here: https://www.bitcoinmining.com/

They range from a few hundred dollars to thousands depending on their capabilities; all of them are able to produce bitcoins for you. An interesting prospect to anyone looking for passive income, there also exists the ability to rent hardware from others to mine bitcoins for you, called 'Cloud Mining'.