Quote from: DjPxH on August 12, 2014, 12:08:54 PM

Quote from: Valzador on August 12, 2014, 11:48:03 AM

Thank you for all your quick replies. Grin

Does anyone have a close estimate of the Break even time?

You should use a mining calculator where you can input your hash rate, the amount of fees or electricity you pay and the expected rise in difficulty (which is high, never forget that! And it's a compound difficulty increase!!!)

https://bitcoinwisdom.com/bitcoin/calculator is a good calculator. A good choice is to set the difficulty increase to around 20%, however, it cannot always increase 20% therefore, it should only be used as a rough estimate.

Renting out mining hardware profits provided that people want to rent them either to test their pool or mine for fun. Wise people wouldn't buy them with the intention of profiting.