Why do you keep hearing mining is unprofitable?
Because, mining really is unprofitable, when you take electricity costs and increasing difficulty into consideration.
Because, mining really is unprofitable, when you take electricity costs and increasing difficulty into consideration.
Another sockpuppet that doesn't understand math...
Perhaps you could use your condescending tone to enlighten us as to the profitability of it?
With the expected spike in difficulty, and the shipping time of the ASICs out there, how is one to make a profit?
Also an answer comprised of more than 1 line would be great.
Are you dense or just dumb? Nobody is going to be able to explain it, because it if was explained so easily everyone would do it, difficulty would skyrocket and everyone would get less.
You have to do research on your own, get electricity at a better rate, buy miners cheap and now, never pre-order like a fool. Whatever the hell it is you can do to give you an advantage over everyone else. Only that will make you money mining, and only you are going to be able to figure that out. If you find that too hard, just buy coins.
Web hostility is always useful. Thank you.
I've been looking for miners available immediately, and could only find really low gh/s miners. The only powerful ones I could find (say 500gh/s and above) will ship Jan 2014 minimum... except for one, not sure about that.
Increase in difficulty in Jan and Feb, combined with the shipping times, render it useless for someone who doesn't already have a miner.
Also, this is FORUM. If you don't want to take place in it, don't. Thanks for playing.