Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
xyzzy099
on 25/09/2013, 17:17:40 UTC
what econ class did you take?  that's not ROI that's simply getting your money, back, breaking even.
Breaking even means 100% ROI, no? Enlighten me.

In Bitcoin land yes for some reason people started using it that way and it stuck.  For the entire rest of the planet ... no.

ROI is return ON investment.  breaking even is 0% ROI.  Losing money (like buying a 100 BTC rig which only produces 60 BTC before it goes into the trash heap) would be a negative ROI.
wikipedia disagrees with you, sir.

No it doesn't.  If net profit is negative, ROI is negative.

Quote
return on investment (%) = (Net profit / Investment) × 100

http://en.wikipedia.org/wiki/Return_on_Investment