Quote from: chubzz on January 04, 2013, 04:22:26 AM

Hello,

I am wanting to start a, mining company per say, the idea me and a partner had was to buy one of the new ASIC miners, and have it in a office space we have, where we dont need to pay for power, and just leave it on to generate money, and then we cna upgrade to bigger ASIC machines, but this is all well and good in theory, but practicly would this work out?

I dont a calculation on

http://www.alloscomp.com/bitcoin/calculator

With one of the biggest ASIC rig's it would tripple its money in a month, but it all seems to easy, what other factors are there?

Thanks
Best regards
Karl

In my opinion, the significant factors to consider is how many of the present miners would be shelling-out cash to upgrade to ASICs, and how much the difficulty would rise-up. Knowing those factors would let you have an idea how long it would take you to get your ROI back.