Quote from: allcoinminer on May 07, 2014, 06:35:52 PM

Quote from: joeventura on May 07, 2014, 06:23:14 PM

Quote from: allcoinminer on May 07, 2014, 06:18:06 PM

Quote from: joeventura on May 07, 2014, 06:15:36 PM

Quote from: allcoinminer on May 07, 2014, 06:12:48 PM

Quote from: cryptomatt on May 07, 2014, 06:06:09 PM

Quote from: joeventura on May 07, 2014, 05:48:17 PM

Quote from: cryptomatt on May 07, 2014, 05:35:32 PM

Jeez dude, I'm not trying to be a dick, settle down.

I never said you were trying to do anything except show how I was wrong, I was not trying to offend you either, if i did I apologize.

This community is (I hope) about mutual assistance and not about telling people they are wrong.

I am not perfect, I wish to be educated.

My attestation is that 5Mh of scrypt mining hardware that costs $940 will recover its own cost and be profitable within a year (probably closer to 6 months) in the right hands.

Using math and charts and trends please someone show me the error of my ways, because otherwise you are not helping me or anyone else in making an educated decision.

I apologize if I implied that you were totally wrong. I actually agree with you that within a year you should easily ROI. Mining is definitely up for interpretation. I just didn't agree with the initial estimate mainly due to the specific example of doge. The block halving would throw off the initial time of 4.6 months. No ill will intended though.

Brother, it will not. You use a good calculator which account for difficulty. Coinwarz calculator is not accurate. Its good for checking profits for only less than a month or so.

allcoinminer, You are wrong. it will ROI.

If my posts hurt you I apologise. Please see the image I posted above. I was too lazy to put the math I did, sorry about that. We have the calculator ready.
https://bitcointalk.org/index.php?topic=514585.msg6597323#msg6597323

You are still wrong.

You use Litecoin as an example? its the least profitable coin.

What calculator is your screen print from?

yah I used Litecoin. Can you say the reason why I used it? There is a reason. I will tell you here later.
Leave that.
Litecoin is not the least profitable.
As per coinwarz Doge coin is just 2 coins above Litecoin.
But if you check the rates both are almost same. ( Difference is just 0.00000556 for 1mhs and in dollar terms both are same.)
So the calculation will be same of Doge and Lite at this present moment.
You may check the same with doge if you doubt.
And then post here whether it will ROI or Not.

Calculator you used? You didn't mention that (again)