Say I was to buy a machine like this:
http://advancedminers.com/bitcoin-mining-hardware/1-2ths-bitcoin-miner/?gclid=CKjFyaOSnLsCFYl9OgodXFMASQIf I am really mining at 1.2 TH/s then I am generating roughly 25BTC per month....
From this standpoint, it seems like a no brainer....the machine cost $6K, so I would make it up in one week of mining.....
Am I missing something? I know the difficulty will be going up.....
And what happens in 2016? BTC gets halved every 4 years? What is that all about?
Any thoughts would be greatly appreciated.
First, you preorder it not buy, right?
Second, dont worry what happen in 2016 because difficulty is rising so fast you will mine half as much every next month....