Quote from: Moria843 on August 28, 2014, 06:08:51 PM

Quote from: ftoole on August 28, 2014, 05:07:43 PM

Quote from: jpchrist on August 28, 2014, 02:15:28 PM

Quote from: ftoole on August 27, 2014, 02:50:36 PM

Quote from: dooferorg on August 27, 2014, 02:45:10 PM

Are these still a good idea to buy? Mining is bleak with the difficulty rises and the lack of price gain.

THat is a personal question i would say yes you can still break even and make a small profit on these By first of next yr. But you do come into the issue of how much you pay for power. Do you have aqueduct cooling in your home. If you well and my opinion your roi decision shouldn't be based on btc to usd. It should be based on BTC cost of miner versus btc mined by miner.
Its like investing in the stock market thier are no garantees. You could join a pool on a badluck streak and then switch and hit another with bad luck streak. You could hit a pool with good luck. and make more than the calculators say.
If you are hedging you will profit with the miner only if btc increases in price why not just buy the btc and hold and then sell when it goes up.
I have free power so i have some wiggle room on how long i can run a miner.

Have some number to back up this claim?

Which numbers are u looking for the ones from an bitcoin roi calc say electricity is free and btc price stays flat.
Or are you referring to my pool luck comments

I must of missed my goal in the comment. Bitcoin mining is speclative. And thier is a chance to make a profit or atleast some think thier is. I have a person that pays me .035 btc to rent a 1 th miner a day. Not sure why all calcs say you can only get .021 a day guess he is ethier loosing it or he has some secret pool that pays nicely.

0.035BTC per day seems to be a good payment rate for 1 Th/s (good for you that is). My 1.6 Th/s mining currently only producing 0.03 to 0.036BTC per day. Guess you have to figure he's not maintaining and has no sunk cost, but I still don't see how he's making money. Believe it would be better for him to just buy the BTC.

I know pay .035 to mine .021 i just laugh to my btc wallet. These people who lease rigs pay in btc so thier generally i doubt hiting roi form a btc view but i see the same users doing it so they must have some stratogey for makin it work. Hey if they dont lease it then it mining one of my pools. Win win for me.