Post
Topic
Board Mining
Re: Spent a long afternoon with my Air Compressor
by
BitBlitz
on 30/11/2012, 15:54:30 UTC
Bitcoin people kind of have their heads up their asses when it comes to what a normal return is.
Let's use your post as an example:
Probably not the best example...  Did you notice the Net Profit line?  Or the 15 year payoff?  Wink

It's not ideal compared to what we are used to, but a 15 year payoff is 6.7% annually. This is considered to be a good investment in the non-bitcoin world. If you found such a good investment, you could ride it infinitely with a 4% Safe withdrawl rate.
Paying off something you plunked money down for-- is not profit.