to hell with mining. it would have taken me like 22 years to get 0.5 btc with my S3's and S1, but i sold them on ebay and got the money immediately. i mean what gives dude.
why the hell are u mining. to give me money? or to waste electricity or what?
why the hell are u mining. to give me money? or to waste electricity or what?
22 years to mine 0.5btc?? what calculations are you doing?
To give you money? what do you mean by that?
I'm mining just to gather as much bitcoins as i can because i believe that in a near future the exchange rate will raise and then I will make my ROI. And ofc not paying electricity is a BIG help
I start mining in 10/2014 and I already have more than 4btc...
22 years is impossible. The gear would be obsolete in a few years. So I'm unsure how he came up with this math. Add difficulty change and miner gear getting out of date. Even 2-3 years is longer then it will run chances are.
You need decent electricity pricing. If you have high electricity you are going to lose that is true. But it is not a one size fit's all. Some will profit some will not. All depends on your specific situation.
Also from earlier conversations here is a example of someone using windows to exhaust heat outside and have miners running inside - https://bitcointalk.org/index.php?topic=766998.msg11476707#msg11476707
I will not install fans in the windows glass or leave my windows always open to exhaust heat... that isn't very common or practical where i live.