I mine with 2 nVidia GPUs, I am in it for the long run - I expect "final" price at about 50 000 USD per BTC. So I don't care if I am not profitable right away, I can wait for it. Bitcoins are my pension fund :-) Btw I started mining in june 2011, till now I have 12,5 BTC
Thank you for reading and responding. So you've been at this a little less than two years and you have 12.5 total BTC, right? or did you mean 12,500 BTC? Couldn't tell for given you wrote "12,5 BTC".
At $50/share, 12.5 BTC is $625 USD. I hope you're really, really young because funding your retirement this was will take a long, long time.
Unless I'm missing something?
He told he believes 1 BTC will be worth 50 000 USD in future. So, although now unprofitable he may mine like 20 BTC total which may be worth 1 000 000 USD someday