Quote from: raskul on March 29, 2014, 11:33:25 AM

Quote from: Brunic on March 28, 2014, 08:02:35 PM

*EDIT*
Maybe to clarify. I'm not looking to buy or anything. I'm more interested in knowing more about the state of the bitcoin mining market.

perhaps we can continue the OP discussion now?

I would like this too. If some of you guys made money, I'm happy for you, really. It's great that people can make money out there. It helps to build a viable economy.

But to help people make money around here, you must also learn about those who lost money. I saw many people hoping of making money in the last few months. But did they really made that money? Planning your profit and getting it is not the same thing.

Quote from: raskul on March 29, 2014, 08:01:32 AM

OK, here's my situation in full.
I purchased a few blades which run at ~10GH each, two BE cubes and a BFL55

one cube died. (so I guess that's not going to break even)

I set a floor on the price I was willing to sell my BTC at 450

under that price, and I just plough everything I mine back into cloud mining. I see this as the only way possible that my rig will break even eventually.
I now have 170GH at home (from 205GH) and 60GH on cloud. I'll keep building the cloud with the btc I mine at home and when BTC price breaks through that floor, i'll start selling it on exchanges again.

As of now, i've not broken even. but I will, eventually because the cloud hashing - although a premium at 0.0075btc / GH, has no long term electric costs.

So, if I understand correctly, if you don't go into cloud hashing, you never break even? Your own mining operation is a pure loss?

Quote from: samson20min on March 29, 2014, 06:21:46 PM

Hmm....i see im one of the lucky ones here Grin

You got your ROI on all your equipment?