Just to be clear, mining is doomed to fail and it is impossible to make money doing it.  the only problem with this idea is at least in my experience, I've been making a living off mining for about 2 years now.  I pay for electricity, and my miners.  as difficulty has gone up, I've actually been making more money as I've gotten better at the business that is Bitcoin mining.  buy the right hardware, from the right firms at the right time.  make money.  blindly purchase miners with no business plan or understanding of where in the production cycle we are at, and get dissipated when it turns out they aren't get rich quick fool proof money printing machines... make a post like the OP. 

as for whoever commented that my education was a waste, I got a full acedemic scholarship to SUNY stonybrook, and while I learned more from my self study and actually trading for myself, I did learn things in college, for free, as well as got a degree.

that allowed me to get a job with a hedge fund where I made many valuable business contacts, a whole bunch of money, ad well as an education on how trading and economics really works from an 'inside' perspective. 

Education.  don't knock it till you've tried it.  you just might learn something.

 again, uneducated armchair fox business news economists claim to be unable to make money mining.
educated student of economics and business who actually put in effort to learning as much as I could about finance... has been and continues to mine profitably. 

either the money in my bank account and the roof over my head, and the car I drive, the food I eat and the sexy girl I enjoy these things with are a figment of my imagination... or my education made a difference and allows me to make a good, and growing living off of mining.

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