|
|
|
|
|
|
by steven_h
4880 days ago
|
|
|
It will pay off, but it's more a long term investment and you should an opportunity cost analysis on the cost of hardware and expected returns. Use this to calculate your profit.
http://www.bitcoinx.com/profit/ Disclaimer: I mined bitcoins at the start and cashed out during the last bubble at ~$30USD per coin. I sold the hardware I had (ATI 58xx series graphics card mining rigs). The new ASIC hardware looks too great if you could gt your hands on it. Remember though that you are at a disadvantage to more established miners who can afford these $X0,000 mining rigs that increase the total pool speed which brings down your contributions and your profit. |
|
|