i bought recently my first miner the cost =779.86doll for the miner 140doll for the psu 99.5 for shiping .total 1119 doll+ taxes here in greece 360 and the miner gives me each day 0.02 bitcoin so i have to wait over 7 months to get my money back not including electricity. is that right or have i done something wrong?
time and time again we have told people on the forum that paying the vat makes mining a losing investment.
Most likely you are not going to overcome the taxes. If I were you I would mine for 1 month and then sell the gear.