[gruez]

>The real question is if it makes more money than it costs in electricity.

profit implies that costs are taken into account. If I plug 2 MH/s, 30W, $0.1/kWh into a mining calculator I get a profit of 11 cents per day against 18 cents of revenue.

[ogre_codes]

Well the word profit implies they are, but many people use the word incorrectly. It would inspire a little more confidence if the author had posted what the gross was or his electric bill.

[irjustin]

Unless a post explicitly mentions all operating costs, I would not assume that.

There's too many different versions of the word profit and in this case it looks like gross instead of net/EBITDA.

[vmception]

all ethereum mining calculators are dead wrong.

in the assumptions they all tell you "2 ethereum per block", Ethereum has been averaging 5-7 ether per block for the past year. hit like 13 ether per block just the other day.

so just multiply by 3, or like 7, up to you