its late to invest ,imo.
Because the BTC exchange rate is fixed and will never change, so he'll never recoup any money he invests in hardware today 
Topic: Should I invest in a mining rig? - page 2. (Read 3169 times)
Yup. Go for it. You've managed to ignore all of the dozens of other threads asking this same question, plus all of the wiki pages, guides, calculators, spreadsheets and other utilities that could help you make a ration decision. Based on this, and because I'm sick of doing simple math for people, I feel that you have the true believer spirit that is necessary to be a successful miner.
its late to invest ,imo.
Hello everyone...
I found out about bitcoins about a week ago,and have been thinking of setting up a mining rig...
I was just wondering whether or not it is affordable to do so,at this point,or if I should just buy bitcoins instead....
The reason I was thinking of getting into mining is that I wanted to buy a new desktop computer anyway,and I figured that I would be happy if it would be able to at least pay for itself....
What I want to know is how many blocks I should expect to get every month,and whether those blocks would be enough to pay for my electric bill or not...
The current exchange rate for Euros is at about 6.5 per coin so that means 325E.
And the prices per kWh are the following
0 – 800 kWh 0,05400
801 – 1000 kWh 0,06860
1001 – 1200 kWh 0,07100
1201 – 1600 kWh 0,07270
1601 – 2000 kWh 0,07270
> 2000 kWh 0,08174
Assuming that I don't use up more than 1200 kWh per month my bill would be about 70E plus taxes and the like....So let's round it up to 100 Euros...
Also,how fast does the difficulty rise,and how long should I expect to last,until I spend more than what I'm making?
Thank you for your help,and hope I can become a bitcoin miner myself...
I found out about bitcoins about a week ago,and have been thinking of setting up a mining rig...
I was just wondering whether or not it is affordable to do so,at this point,or if I should just buy bitcoins instead....
The reason I was thinking of getting into mining is that I wanted to buy a new desktop computer anyway,and I figured that I would be happy if it would be able to at least pay for itself....
What I want to know is how many blocks I should expect to get every month,and whether those blocks would be enough to pay for my electric bill or not...
The current exchange rate for Euros is at about 6.5 per coin so that means 325E.
And the prices per kWh are the following
0 – 800 kWh 0,05400
801 – 1000 kWh 0,06860
1001 – 1200 kWh 0,07100
1201 – 1600 kWh 0,07270
1601 – 2000 kWh 0,07270
> 2000 kWh 0,08174
Assuming that I don't use up more than 1200 kWh per month my bill would be about 70E plus taxes and the like....So let's round it up to 100 Euros...
Also,how fast does the difficulty rise,and how long should I expect to last,until I spend more than what I'm making?
Thank you for your help,and hope I can become a bitcoin miner myself...
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