Quote from: RJX on January 04, 2015, 12:34:56 AM

Quote from: hedgy73 on January 03, 2015, 11:02:47 PM

Quote from: vortexz on January 03, 2015, 03:17:20 PM

Is it still worth mining bitcoin right now ?

Its the same old story, for most people mining at home on a moderate / expensive electricity tariff its not profitable even with efficient hardware. If you have cheap electricity and efficient hardware than you maybe returning a small profit but I don't see that continuing for much longer.

Its winter here and if my miners weren't providing supplementary heating to parts of my house I'd switch them off and sell them. They are costing more to run than they're mining and that's been the same for the past few months. I don't mind at the moment though because of the heat they produce. Come the spring they're gone though it pains me to say, however electricity here in the UK is right up there with the dearest in the world.

So you are not investing in new mining equipment?

How much GH/TH is your current setup doing?

No I cant afford to unfortunately, I only got into mining a year ago or so ago so missed the early easy mining. I'm running 2 x Asicminer Tubes @ 850 GH each so 1.7TH total. I could sell them and buy some S3's but its not worth the hastle for what I'd save on running costs. These tubes are running nice and steady and quiet after changing the fans which is a massive plus for me as they're in my office at home.