Post
Topic
Board Beginners & Help
Re: Why do I keep hearing mining is unprofitable?
by
Damnsammit
on 04/12/2013, 18:32:28 UTC

Honestly, Bitcoin mining is not profitable anymore. Any coin's mining returns good ROI in its initial stages.

Except that it is...

Buy a Cube, run it for 2 months, sell the Cube.  You will end up with more BTC than you started with.  I guarantee it.


Details / Links? Cheesy

https://bitcointalk.org/index.php?topic=349787.60

Buy it for 1BTC, run it for a little bit... you should be able to mine close to 1BTC + electricity costs in 2 months... then anything you can sell it for is profit.

Note:  It does come from a rare ASIC company that actually ships its orders out.