Quote from: Swordsoffreedom on June 21, 2014, 09:53:31 AM

Quote from: Berghoff on June 16, 2014, 04:16:19 AM

I jumped into mining with a purchase of a $15 AntMiner USB chip. I'm not and never had any belief I'd make much of a profit on it, it was mostly for learning. But I'm wondering if it's even possible to make any profit.

In the short term no in the long term probably also a no but you never know what price Bitcoin will appreciate to
If you can get free electricity say at school or at a university then yes it is profitable Cool

But you can use a mining calculator such as this one
https://tradeblock.com/mining/

In other words, no it is not profitable to mine bitcoin.

If you think that the price will increase then you should simply buy bitcoin on an exchange