Quote from: sickhouse on February 04, 2015, 02:49:04 PM

Quote from: malumeze86 on February 04, 2015, 04:32:36 AM

Quote from: sickhouse on February 04, 2015, 04:22:07 AM

Will I make a profit on this? I am starting to give it serious consideration, but as far as I am concerned the whole shit is a scam and you always end up going negative profit when you buy hardware as new stuff is always around the corner. What will $5k give me today TH/s wise?

I think you answered your own question: "the whole shit is a scam and you always end up going negative profit when you buy hardware:

If I had $5k to blow I would just buy BTC with it.

But I don't have a lot of extra space for mining and the price of electricity is quite high.

If you buy BTC with your money you have a chance at making money OR losing money.

If you buy mining equipment AND you have access to cheap electric you MIGHT make some money, on the flip side, you could lose money....

It's really up to you....

Cheesy

My electricity cost is very cheap, I have 1 regular computer running 24/7 and one laptop running 24/7. On top of that I have 5x ASIC 333 mh/s memories mining constantly, and they are in a USB-hub, I rarely turn off the lights but my electricity bill lands around $40 a month so that wont be a problem.

Computers use very little power these days. How much do you pay per KWH. Check your bill. If its 10kwh or higher then forget about mining.