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Topic: Why mining is not wort the time? - page 3. (Read 2552 times)

sr. member
Activity: 252
Merit: 250
November 20, 2013, 08:36:40 AM
#3
Bitcoin mining isn't worth it because it's almost always better to buy btc instead of btc mining equipment.
Usb miners in particular is a very bad choice with one of the lowest ROI out there.

Just google for a bitcoin mining calculator and see what to expect from usb miners and other mining equipment.
legendary
Activity: 1540
Merit: 1002
November 20, 2013, 08:27:39 AM
#2
mining is worth the time. depending on how you value your time. its whether its worth the Electric to mine. and with ASICS it is but most people and miners cant predict the future so who knows.
the thing people most complain about is the return on investment so lets day you spend 0.01 on a block erupter will you ever make that back? i for one think you will in time aslong as the block erupter is maintained and cooled it should make double whay you spend on it. but that said it could take a very very very long time maybe even 3 or 4 years

the way i see it with mining is the hardware cost is the price you pay for the fun of mining kind of like the cost of joining a club. but you get a chance to be in the game and have the chance to make it pretty big if you play everything just right
mining will only become unprofitable for me when there is a difference in what the hardware costs to run and how much it generates
newbie
Activity: 5
Merit: 0
November 20, 2013, 07:46:44 AM
#1
Everyone says that isnt worth the time to mine but why? I love this idea of mining and i want to get my hands on 3-4 USB Miners and start mining and selling contracs on ebay Smiley
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