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Topic
Board Beginners & Help
Re: Newbie here, mining looks interesting
by
gamefreakgc
on 03/05/2013, 02:08:09 UTC
I just started mining a few minutes ago after bitcoin mining being mentions. Sounds like fun.
 I could see that mining can be lucrative, and interested in getting more serious. SO I was thinking about getting myself a BitForce 5 GH/s SC, not too expensive. Something I could "easily" miss. This thing earns itself back double in 1 month, if the MH/s calculator is correct. and perhaps get the 25GH/s after another 2 months.

So I've got a question.

anyone here that make his/her primary income from mining? because if I had a few if these machines, I would be making more than my current income. If the currency remains stable.

The hard part is that as more people mine a specific currency and the difficulty increases, your profits decrease. I'd start with a cheaper rig and see if you want to keep investing more money in hardware. It might not pay out as well as your calculator suggests to quit your day job.