Quote:
Originally Posted by ruff
Can you illustrate the ROI for equipment and time for mining Bitcoin? I'm given to understand that to mine Bitcoin profitably the cost of electricity and equipment is beyond the reach of most everyone that does not have tens of thousands of dollars to invest. I mine with 3 of Bitmain Antminer U1 USB Block Erupters just for shits and giggles. My ROI is not even chartable. So I guess you can mine for Bitcoin if you have the money, But do you make money? Does the average person make money mining Bitcoin? No.
|
I won't illustrate here but if you want to throw in 2k for a spot in our group, we have rigs on pre-order, data center rack space, cheap power, AC, 24/7 monitoring etc...
As for what you can do from home with limited funds I have no idea - but getting in early as each generation machine come out, then turn and burn those machines and be in on the first run of the next-gens, yes coinage to be made.