The OP doesnt even understand what ROI means.... what a dumbfck.
He only looks at the cashflow from mining. Which means jack.... Take the btc you SPENT to get mining rig, and do an estimate to see if you can MINE that same amount of btc back. Dumb shit are born every day.
At best you're gambling to get back of what you spent.... woohoo. Now go find a job and see what opportunity cost you paid compared to just buy and hold bitcoins.
He only looks at the cashflow from mining. Which means jack.... Take the btc you SPENT to get mining rig, and do an estimate to see if you can MINE that same amount of btc back. Dumb shit are born every day.
At best you're gambling to get back of what you spent.... woohoo. Now go find a job and see what opportunity cost you paid compared to just buy and hold bitcoins.
Yes i do understand what ROI means because i realise what ive spent on my miners and what i spent on electricity ur just angry because u cant have the same experience otherwise you would agree u sit there on your computer and get angry while ive made back the amount of money i spent oon my equipment and psu and electricity so what does ROI mean to u then ? Also if u dont believed that i did ROI very well i can send u pictures of my multibit wallet ill point out all the investments ive made i have them all labeled
I have proff where is yours ? Ur calculations that are theoretical thank you too bad im sitting here on my money that i made im not rich but i do make profit also i run a bussiness mostly with trading good would know a thing or 2 about money
What you got was fiat ROI. That's what a new miner would hope for. Anybody with a modicum on intelligence would be looking for BTC ROI since that was the whole purpose of mining. If you don't not comprehend this, then either read up on it and come back and ask questions or just assume we're all idiots. Somewhere out there is the truth.
Not true as of today if you report on your USA tax return. Fiat is king not BTC. I get tired of pointing this out.
But if a USA citizen reports his taxes the way you speak he would be filing an incorrect tax return.
The point being is that if you calculated the return based the rise of the btc price, then you will have higher return by simply buy and hold btc since the total amount of btc is higher than your ever mined btc.
And i'm tired of pointing this out to idiots like you. Even if the return is the same, mining will result income tax compared to capital gain tax.
Anyone with a bit intelligence would look at BTC ROI. Doesnt matter if you sell btc for fiat, as the exchange rate would be the same either way.
You're one of the idiots i noticed from BFL's forum and now you're spilling garbage on here.
