Quote from: philipma1957 on January 22, 2014, 04:46:19 AM

Quote from: JasonXG on January 21, 2014, 11:22:31 PM

Someone explain to me the point of buying a 1.6gh miner @ +-$50
How you gonna make your money back ?
Lets also not forget the difficulty is gonna go up in 5 days time from 1.8m to 2.4m
Even @ 1.8m a 1.6gh miner will only make about $2.30 a week
So lets just say $10 a month.
Than means you will need to mine for 5 months at 1.8m difficulty just to break even.
Sounds like this is a lose ?
Am i wrong ?
I hope i am.
I won't buy anything from anyone yet till i know i can trust them.
even if i get a 200gb miner it will be obsolete in 6months time due to mine difficulty

are you trying to learn how to mine?
are you looking to be a troll?

Do you want to use btc to make money?
Lets say you want to make money and are new.

What country do you live in?
How much does power cost you?
Do you own a pc?

If:
A) you own a pc.
B) your pc has a decent amd video card- not nvidia
c) if you have low power cost under 20 cents. a k-watt
d) if you don't mind the fan noise or the heat

you can mine lite coins at no real cost to set up. I use pc's to mine lite coins and at the same time I run the same pc's to a sic mine. I have a lot of these sticks

ltc is no longer profitable its actually counterproductive .