Quote from: notlist3d on October 04, 2015, 06:14:06 PM

Quote from: jeffthebaker on October 04, 2015, 05:40:06 PM

Quote from: Atomictie on October 04, 2015, 05:38:05 PM

Even if you have free electricity ROI is hard to reach if you spend money for miners

In 4 years with free electricity, one still may not make their money back? I'm personally not a miner, and I understand it's too late in the game for the general population to get involved... but that sounds ridiculous. With free electricity, OP still shouldn't expect to turn a profit?

Some are pretty anti-mining. Best way to calculate ROI is something like this - https://bitcoinwisdom.com/bitcoin/calculator

OP add up all costs including if you have VAT, etc. That will help you see how long a miner would take to pay off. Also when you say 4 years are you talking about some kinda student housing where you just have one room?

Ahh I see, it makes sense that you would have to take other variables into account (like heat and bandwidth(?) I would assume). I've been in Bitcoin way too long to still have relatively no clue on mining, so trying to teach myself a little bit Tongue