i have heard some crazy things about only comparing btc to btc on this thread... but to people who dont realize how value is determined---(just an example to make a point)lets say a car is 10,000 or 20 btc(1btc=500 for examples sake) then btc rises to where 1btc=10,000. would you still pay 20 btc for it?? if its true with larger numbers its true for smaller ones... btc roi and roi can be differnt
It is very simple. Incorporating the dollar value just confuses the profit from mining with the profit from holding.
If you buy 1 BTC, then you will always have 1 BTC. If you spend that 1 BTC for X GH/s and it mines more than 1 BTC, then you have made a profit. If it mines less than 1 BTC, you have made a loss. It doesn't matter what the dollar value is because if you mine for a profit (loss) you will have more (less) dollars than you would have had if you didn't mine.
Think of it this way: If you give me 10 BTC and then 1 year later I give you 9 BTC, who makes a profit in the transaction? I will do that deal with anyone for as much BTC as they are willing to give me, and I don't care what the dollar value is at the beginning or the end.
generic coin=gc example using your logic,,, if i gave you 10gc worth 10 cents and a year later you gave me 9gc back worth 10 billion- you did not profit... you are not very good with markets..... no way---that logic is flawed-you dont even believe yourself
this is one of the best chances ever to get a contact- these guys havent scared you away if you can do simple math
2.16 usd per gh....thats less than 1th miner-throw in its not your electric and your way up. pm me if u need anything
http://pbmining.com?ref=rodeoclownicp
by the way this is one of the best times ever to get a contract