Quote from: libitum on March 02, 2014, 04:27:32 AM

I still make money from mining, and I am using KNC Jupiters. For this 2014 I am getting 3 Neptunes (already paid) to get some decent hashing power. I know most people in this forum are afraid of jumping into mining and actively discourage people who want to start mining. I guess it is anyone's take. It is a risky business, and at least to the best om my logic, it dont see how can I will lose any money. I expect to end 2014 with double my investment in Neptunes.
Here some extra reading if interested

You're welcome to your enthusiasm. But haven't people already spelled out why mining with ASICS now is a losing proposition?

Figure out how much fiat you laid out for those 3 Neptunes, divide that total by $550 (or even $420 if you are a quick trader and caught the bottom). That's how much BTC you should be able to mine to come out ahead. If your 3 Neptunes mine more you have profit. If they mine less you have loss. Simple as that. Difficulty modeling suggests you will come out losing, but nobody can say with certainty.