My plan was to start with the small ASIC systems, and use profits from that to buy the bigger machines, as we have eliminated one factor of electricity bills, i thought it may be easier to break even

Just times it by 20, and it doesnt pay itself off within 6 months, then doubled it after 6 months, and it still doesnt pay off, is this worst case senario or?

Hello,

I am wanting to start a, mining company per say, the idea me and a partner had was to buy one of the new ASIC miners, and have it in a office space we have, where we dont need to pay for power, and just leave it on to generate money, and then we cna upgrade to bigger ASIC machines, but this is all well and good in theory, but practicly would this work out?

I dont a calculation on

http://www.alloscomp.com/bitcoin/calculator

With one of the biggest ASIC rig's it would tripple its money in a month, but it all seems to easy, what other factors are there?

Thanks
Best regards
Karl

Anyone got any ideas?

BitForce Single 'SC'  60 GH/s  -  $1,299
Don't need to pay electricity..

Yeah I'm getting ASIC now, just trying to find out what profit I would make

I thnik I typed something wrong..

Hardware break even: 4 years, 296 days
Net profit first time frame: -741.04 USD

To start off I will get a

BitForce Single 'SC'  60 GH/s  -  $1,299

Note; I do NOT have to pay for electricity, how much do you think I would make? Pretty sure im doing something wrong with that site

cheers

Hmm okay thanks for the replys, how much BTC do you think you would make an hour with a ASIC rig?

Cheers

Okay these ones? http://store.avalon-asic.com/

If I was to get maybe 15 of these, would I profit quickly?

Thanks

We will be paying electricity yes, but that is included in the office price (400GBP a month) we then realised, we could make some ectra money BTC mining

How much will a ASICS rig set me back?

Ah okay, I never knew of this

What would you's reccomend then? Allot of money to invest and no electricty bills needed to be paid

Hello there,

Newbie here with a idea for mining, basicly me and a few friends are starting up a company and will have an office, so included in the price is the electric bill, so we could use as much as we want, so our plan was to have to start with 5 rig's

Specs per rig:
6GB Ram
Dual core AMD (cant remember what one)
3x ATI 7970

Dont think CPU and RAM is important if I remember correctly, but basicly we will have 3 GUI miners running per machine, 24/7 and we don't have to pay any more for electricity than we allready had to for the office space.

How much do you think could be made this way?

Thanks in advance