Anyone else thinking mining is becoming pointless? Especially with the rise in BTC value? Most alt coins have plummeted. I normally cash in my alt coins but had .27 BTC worth of alt coins in Cryptsy last night. Today after a night mining worth now worth .16. I'm loosing money while I mine and don't even pay for electricity for it.
I think you need to look at mining income in fiat unless your utility company charges in BTC. If BTC went up 30% against the USD and also 30% against alt coins then nothing changed other than the number of BTC you made.