Quote from: odolvlobo on September 26, 2014, 07:15:37 AM

Quote from: NebulaBxtch on September 26, 2014, 03:58:21 AM

if you can take like 2 minutes out your day and just tell me the basics.. how long does it take to break even? how much money you make/lose, profit off like 130 gh/s ?
and just advice if you have any

I can tell you the basics in less than 2 minutes.

1. You want your mining revenue to exceed the total cost of the power and equipment. Otherwise, you will lose money.
2. The amount of bitcoins that a fixed hash rate will mine drops as the difficulty increases.
3. The difficulty will probably rise fast enough so that your power costs will exceed your mining revenue in 9 months, and you will have to stop mining (or buy new equipment).
4. 130 GH/s will probably earn no more than 0.37 BTC if you start mining now. If you pay more than 0.37 BTC for 130 GH/s, you will never break even.

I agree with you. I think if any one could mange electricity in low price, it increase the chance of making profit.