Wow that sucks!
Maybe I should revise the title to revenue after power and hardware costs.
Topic: Min Mine Profit Poll (Read 1406 times)
I'm just saying that profits with bitcoin mining are really inflated because we love the idea so much. Mining equipment will have to pay itself back almost twice a year I think to be competitive for serious bitcoin miners. I think its safe to say each rig will cost you at least 20 hrs in labor a year after setup. Something will break. Heck one month I spent well over 100 dollars just shipping back rma's
Yeah maybe I should have added a few more profit margins above +20%. The other option was to make it a RIO and measure it in months, but the math is easier with percent. For ref I'd say 9mo ROI should be just above 20% I'm trying to construct a worst case scenario for my total hash rate increase charts. It may seem a bit to early to consider this but I appreciate the input. I guess the poll doesn't allow you to double vote on same item. When I started mining the price of BTC was $5 and ROI was 10-11mo for my equipment, IF I could keep the electricity use down. That was good enough for me, but mostly because I thought BTC was such a cool thing I had to be a part of it.
Am I the only one who thinks this is a stupid poll, what computer hardware (even asic) isn't going to depreciate at 20% or more a year?
I don't plan to stop investing,just keep growing & growing 
With the reduction in power consumption,it is now possible for me to grow a mining farm
With the reduction in power consumption,it is now possible for me to grow a mining farm
LOL no 2 votes for the same option. Nice.
At what ROI would you stop investing in hardware?
Disregard the silly comments, feel free to add your own.
Disregard the silly comments, feel free to add your own.
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