Quote from: m8harry on October 09, 2013, 04:36:56 AM

So electricity aside you can yield coin from mining given enough time and luck?

Yes, aside from electricity cost, you can generate Bitcoin.

The next concern would be the cost of the equipment that is capable of calculating the coin in a reasonable amount of time. For example, let's say that it would take you $5,000 in hardware to produce BTC4/month, this would take almost a year to break even. You could say that in that time BTC/USD value will rise, but with that rise you will see an increase in mining activity and a coresponding increase in mining difficulty. There is math out there that you can do. I found this site to be a useful start: http://tpbitcalc.appspot.com/faq. I have just gotten started myself, so this is only the most basic of explanations. My guess is there is a wealth of good information on the forums here.

Good luck.