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Is Mining worth it?

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• asdolino

  

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  Posts: 690

  Mining isn't profitable since months, to have some profit just buy bitcoins directly.

  Posted on July 29, 2014 at 11:34 AM
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• Hesham_3del

  

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  Location: Cairo, Egypt

  @lovebitcoins

  @hesham3del It's all about math and trials my friend.

  Calculation all the inputs and see your net profit.

  See also cloud mining.

  Have you found a cloud mining service that is actually going to ROI? Every single one I've looked at doesn't break even.

  May you tell me what ROI is ? and what about cex.io ?

  Posted on July 29, 2014 at 2:26 PM
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• lovebitcoins

  

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  Posts: 103

  @hesham3del

  @lovebitcoins

  @hesham3del It's all about math and trials my friend.

  Calculation all the inputs and see your net profit.

  See also cloud mining.

  Have you found a cloud mining service that is actually going to ROI? Every single one I've looked at doesn't break even.

  May you tell me what ROI is ? and what about cex.io ?

  Return on Investment. Will you ever make your money back essentially.

  I will check in on cex.io

  Posted on July 30, 2014 at 10:54 AM
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• Alchemix

  

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  Posts: 175
  Location: Vegas

  @crimsonroze

  @daniel18 I am a miner and have not had a ROI in 6 months.

  You're looking at too short a timespan. Come back in 12 months.

  I agree 100% with Crimsonroze here. Many people first got into mining thinking they were going to make hundreds of dollars a month and create GPU money trees.

  This is chess not checkers. Keep a 12+ month outlook, and you will be ok.

  ROI is a marathon, not a 40yrd dash.

  Cheers

  Posted on July 30, 2014 at 11:21 AM
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• Hesham_3del

  

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  Posts: 661
  Location: Cairo, Egypt

  @lovebitcoins

  @hesham3del

  @lovebitcoins

  @hesham3del It's all about math and trials my friend.

  Calculation all the inputs and see your net profit.

  See also cloud mining.

  Have you found a cloud mining service that is actually going to ROI? Every single one I've looked at doesn't break even.

  May you tell me what ROI is ? and what about cex.io ?

  Return on Investment. Will you ever make your money back essentially.

  I will check in on cex.io

  To be honest, I don't know.

  I'm waiting to tell us about cex.io

  Thanks.

  Posted on July 30, 2014 at 3:37 PM
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• Fernandez

  

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  Posts: 22

  I have stopped mining for quite some time now. Now I rely on signature campaign at Bitcointalk and other avenues like these to make anything extra.

  Posted on July 30, 2014 at 5:04 PM
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• FBSoulMan

  

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  Posts: 67

  Nice conversation about mining, many good points to ponder.

  I'm involved in the FoldingCoin project, which you may be interested in if you have any CPU/GPU rigs you can't profitably mine with anymore but can't stand to keep idle. Fold proteins for Stanford University and get FLDC, a new token that is built on Counterparty.

  http://www.foldingcoin.net/

  -James

  Posted on July 30, 2014 at 8:08 PM
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• soccruo

  

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  @fernandez I have stopped mining for quite some time now. Now I rely on signature campaign at Bitcointalk and other avenues like these to make anything extra.

  Signature campaigns are great to earn some bitcoins easily, I hope they will spread here too!

  Posted on July 30, 2014 at 11:03 PM
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• ProtoTech

  

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  Posts: 43

  The AntMiner S3 will ROI in about 45 days. Your welcome.

  Posted on August 1, 2014 at 11:11 AM
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• Bitsking

  

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  Location: S.A

  If you want to do some cloud mining your best option would have to be lunamine.com. They are new in the market and the cheapest @0.0025/Ghs

  Posted on August 1, 2014 at 11:38 AM
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