Post
Topic
Board Mining
Re: Largest Bitcoin Mine In The UK
by
learning
on 22/08/2014, 23:15:43 UTC
Looks like a nice setup and a little sci-fi freaky with that tunnel.

I suppose it's underground to get a 54F constant temperature?

I'm new to all this and was wondering if you could answer some questions about how it's possible to make a profit?  You could PM me or answer here with some kind of formula.

I used the bitcoinx calculator and it seems that the cost of the bitcoin miners like the KNC products prevent any profit and only they can make a profit in the 6-12 months before they ship while they run a minimum of 100 of their latest miners in their own pool.  Then they make about $USD500k in bitcoins every 6-12 months.

Am I right?  How do you make a profit?