Having a 5 day account and only posting things that discredit bitcoin/mtgox/client software...that points to obvious troll.
You seem to not listen. I have already explained this umpteen times, but I will try again:
I have never discredited bitcoin. I think it is a great investment. I only discredit dedicated mining for now.
Mt. Gox has a simple incompatability with IE 8, which I explained. Other than that, I have had no problem with Mt. Gox.
The client software, I have no idea about.
Click on your account tab...you are aware we can read all of your posts right? Tell me which one of your posts was helpful or new to the community. I couldn't find one.
so you read ALL his posts? jesus dude.. GET A LIFE.
He only has 72 posts, you can skim through them all fairly quickly with a high reading rate. Or take a stastical sampling, for example, I'll take 1 at random off every page of his profile:
If you are building the PC because you were going to use it for gaming anyway, then it isn't a loss. Buying a PC only for mining is a complete loss.
For example, see this thread from someone else that has done the math:
http://forum.bitcoin.org/index.php?topic=18803.0I'm sorry you think I am a troll for simply spreading the truth. If you don't like what I am saying, then there is nothing I can do for you. I am hoping to let others know what is going on.
What I am saying is that you will get a better return just buying right now. Unless you already have a gaming machine, or are going to buy a machine for gaming as well. Then it is just free money until the power costs more than the bitcoins.
The growth rate of difficulty has been 4% a day for the last year, so yes, mining rigs have been less profitable than just buying bitcoins for the last year. If the network growth slows down to ~2.5% a year, then it starts making sense. The first year of bitcoin, the growth rate was almost flat, so you could make more money mining than buying bitcoins.
Keep in mind this is only about dedicated mining rigs. If you already have the equipment, there is nothing to lose by mining. At least for another 60 days when it reaches electricity costs.
My spreadsheet estimates predict 60 days. But that is at $20/bitcoin. They may go up and extend net loss point out. But still, it would have been better to buy bitcoins directly.
Yadda yadda. Obviously this is a poor sampling, but I'm just using it to show you can get a flavor for someones posts quickly and easily while still having "a life".