Back in July 2014 I decided to try out bitcoin mining. I dove right in and bought a special computer purpose built for this one task (Antminer S1). It requires a surprising amount of computing power (and therefore, electricity) to run the calculations needed for mining. One of the main roadblocks to mining is that the electricity bill required to power these things often cancels out the small earnings. But...I lived in a place where electricity was included with the rent. So, after configuring the machine, I just let it hum away in the corner. No interaction required. Because of the way mining works, these machines become outdated surprisingly quick. In 7 months I had to upgrade the machine so I bought a more powerful one for $150 (S3). Same routine: turn on, configure, let it run. Well, I had to move and sadly, my new place doesn't include elec. So my bitcoin mining adventure is over. I might try to sell the machines, but they devalue extremely quickly as new, more powerful ones come out. I might get $100 for both. So, how much did I make?????? $1000!!!!!!! Add in the cost/sale of the machines, I netted about $700 for doing absolutely nothing. Pretty cool huh? Now the question is, what do I do with the bitcoins I earned? You can think of them as any other commodity (although much more volatile). They could go way up, or they could go way down...to zero possibly -- depending on who you ask. Right now they've been on a nice even uptick - $450 currently. I'll probably put a protective stop at $400 and just let them sit in my account. For those who discount the whole bitcoin thing as a scam or flash-in-the-pan, don't forget that the Winklevoss twins (Facebook), along with many other big hitters have invested heavily in the currency and technology.