Hey guys,
So for example:
Initial investment £206,400 = 300 x S7 miners = 1419 TH/S = £19918 per month (pm)
£19918 pm - £12214 (bills/rent/broadband pm) = £7704 pm.
SO WITH A £206,400 INVESTMENT, IT STILL TAKES 2.3 YEARS TO GET ROI.
During the 2 years your hardware becomes out of date and you've only broke even, with no profit, then you have to buy new hardware. SO WHAT IS THE POINT? Am I missing something? Perhaps it's only worth it if you invest millions?
Minning is a bad invest for small users, it can be profitable for big groups that can buy the newest minners before us. Companies have low electricity rates. In my opinion a roi of 2 years in bitcoin minning hardward its a very bad investment.