Quote from: danieleither on Today at 02:38:11 PM

Understood, and apologies if my response seemed harsh - however I see so many people get caught out here (spending large amounts on miner(s) without realising how important the power cost is), and I didn't want the OP to take false hope from your response. Even if the OP is on the cheapest rate available in Ireland, it will be a huge loss (unless he is generating his own, or has access to free electricity).

I have sold hundreds of used miners over the years, and despite making it very clear how much these cost to run, people still seem to ignore this and assume they will make a profit

It is ok, I didn't take it personally.

I started with GPU mining with a laptop; I did it for months. It was years back. I was new and mining just for the sake of doing something new. I was enjoying the process, and making numbers, I guess that's what most people do who get into mining, it's a learning process, and there's no fixed book on how to mine, tech will continue to evolve, so will hardware.

OP BitSean did not mention their electricity bill. There are, however, cases I've seen where some people can get electricity for cheap, with subsidies and connections; these people make the most profit.

You will also make a profit in bitcoins if you mine them and hold them for a decade or so (This isn't 100% guaranteed, but chances are pretty high if you look at history)