Afterburner make it easy on yourself and understand one simple thing, bitcoin != mining, the mining aspect is just a extra way to make something out of bitcoins atm.

You can do the following:

Bitcoinmining = Clearly not for you, you find way to many "_PROVEN ALGORITHMIC_" problems with it.
bitcoin buy/sell trading = mtgox.com , figure out or speculate when to buy and when to sell, you save on miningrig costs.
bitcoin general trading = setup a store / figure out business plan / make money from trading services for Bitcoins, be creative.


Your way of thinking about bitcoins is exactly that of someone who thought hes going to win big walking into a casino and then suddenly realised there is a constant house edge and lost all his money then acting all bitter as if he deserved to become rich over night.

if anything youve proven that bitcoin is not a get rich overnight scheme and like any business requires hardwork(in most cases) to come out ahead a winner.