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 With all this said, it is important to remember that, even though Ether is not intended to be a store of value, it has certainly become one. 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Koron/Moment/Getty Images Cryptocurrency What Are Bitcoins? Tweet Share Email Mining cryptocoins is an arms race that rewards early adopters. Bitcoin, the first decentralized cryptocurrency, released in early 2009. Similar digital currencies have crept into the worldwide market since then, including a spin-off from Bitcoin called Bitcoin Cash. Which Alt-Coins Should Be Mined? Pile of litecoin coins on fabric BTC Keychain / Flickr / CC by 2.0 If you had started mining Bitcoins back in 2009, you could have earned thousands of dollars by now. At the same time, there are plenty of ways you could have lost money, too. Bitcoins are not a good choice for beginning miners who work on a small scale. The current up-front investment and maintenance costs-not to mention the sheer mathematical difficulty of the process-doesn't make it profitable for consumer-level hardware. Today, Bitcoin mining is reserved for large-scale operations only. Litecoins, Dogecoins, and Featherco...