Is $1 a day in Bitcoin too small to amount to anything?

So if you think that $1 a day in BTC is too small to amount to anything, Todaro just proved you wrong. Circumstances are somewhat different now than in 2015 when bitcoin was worth $1. However, as the video shows, $1 in bitcoin was still profitable even when it hit its record $20k in 2017.

Is there a way to mine just 1 Bitcoin?

It used to be 12.5 BTC until May 2020 when there was the halving and the block reward was cut in half. So there’s not a way to mine just 1 Bitcoin. You either win the block reward and receive 6.25 Bitcoin or you get nothing. In fact, getting nothing is what happens 99.99999% of the time when you’re a miner.

How to win 1 bitcoin over time?

That being the case, there is a way to win 1 Bitcoin over time. A Bitcoin mining pool is a collaborative effort whereby all of the miners in the pool combine their hash power and then split the reward.

How much does it cost to buy Bitcoin (BTC)?

Minimum buy on Coinbase is $2 and they’d charge you $1 per purchase. Then there’s LocalBitcoins, where some providers may entertain you with a $1 purchase. But you’ll probably end up buying BTC for above its market price, meaning you’d get less than $1.