Bitcoin Forum

Other => Beginners & Help => Topic started by: Tim Roche on January 27, 2014, 11:26:05 AM



Title: How Long before i make a profit from the money I spent already?
Post by: Tim Roche on January 27, 2014, 11:26:05 AM
So when im mining bit coins how long will it take before i make a proffit from the money i spent already??


Title: Re: How Long
Post by: bitpop on January 27, 2014, 11:28:15 AM
You should've calculated that beforehand.


Title: Re: How Long
Post by: Kluge on January 27, 2014, 11:28:59 AM
Hello, Tim Roche. Great question!

It will take 20-50 days to generate a profit on the money You spent already.


Title: Re: How Long
Post by: spyro on January 27, 2014, 11:30:31 AM
Depends on about 100 factors


Title: Re: How Long
Post by: bitpop on January 27, 2014, 11:30:53 AM
I think 45 days is about average.


Title: Re: How Long
Post by: raskul on January 27, 2014, 11:31:15 AM
28 days later.  ;D


Title: Re: How Long
Post by: ZephramC on January 27, 2014, 11:42:04 AM
http://dustcoin.com/mining


Title: Re: How Long
Post by: empoweoqwj on January 27, 2014, 11:51:40 AM
So when im mining bit coins how long will it take before i make a proffit from the money i spent already??

Depends what you bought and for how much and whether you know how to run a rig and your electricity costs and the price of bitcoin blah blah blah.

Can I take a wild stab in the dark and guess you bought the equipment on eBay?


Title: Re: How Long
Post by: h3rlihy on January 27, 2014, 12:03:38 PM
If you bought the mining on ebay it will take you approximately all of the days to make a profit.


Title: Re: How Long
Post by: bitpop on January 27, 2014, 12:06:20 PM
I hate people who jump on mining thinking it's free money. Mining sucks. Just buy btc and hold. I would've been a millionaire if I did that but at least I did it for fun.


Title: Re: How Long
Post by: stromma44 on January 27, 2014, 12:08:11 PM
There is also possibility you will never make profit, especially if you bought mining equipment with Bitcoins


Title: Re: How Long
Post by: QuestionAuthority on January 27, 2014, 12:10:30 PM
About three hours.


Title: Re: How Long
Post by: Sonny on January 27, 2014, 12:23:27 PM
I hate people who jump on mining thinking it's free money.

Some people don't even understand what difficulty is when they come to the mining world, and you can see those "why my revenue drops by 20%" posts from time to time.


Title: Re: How Long
Post by: Meuh6879 on January 27, 2014, 12:27:34 PM
So when im mining bit coins how long will it take before i make a proffit from the money i spent already??

never.
http://www.bitcoinx.com/profit/


Title: Re: How Long
Post by: empoweoqwj on January 27, 2014, 12:33:05 PM
the question is so dumb I'm beginning to think its a troll ... wait for a reply first before deciding


Title: Re: How Long
Post by: Colin Miner on January 27, 2014, 12:57:17 PM
the question is so dumb I'm beginning to think its a troll ... wait for a reply first before deciding
You have definitely been trolled.... lol


It it Tim or Tom?


Title: Re: How Long before i make a profit from the money I spent already?
Post by: Analyticse on January 27, 2014, 02:54:02 PM
think beter make some altcoins mining and get some % in proces

just ask simple question
why need agresive i am not telepatic


Title: Re: How Long before i make a profit from the money I spent already?
Post by: Seppelpeters on January 27, 2014, 03:00:26 PM
It takes 10.


Title: Re: How Long before i make a profit from the money I spent already?
Post by: cp1 on January 27, 2014, 03:02:39 PM
What did you buy and how much did you pay?  Unfortunately the answer will be you will lose money unless BTC goes way up in value, in which case you would have made far more buy just buying BTC.


Title: Re: How Long before i make a profit from the money I spent already?
Post by: mindfulmojo on January 27, 2014, 03:14:54 PM

How many licks does it take to get to the Tootsie Roll center of a Tootsie Pop?!


Title: Re: How Long before i make a profit from the money I spent already?
Post by: QuestionAuthority on January 27, 2014, 05:32:43 PM

How many licks does it take to get to the Tootsie Roll center of a Tootsie Pop?!

Same as my other post above. About three. lol


Title: Re: How Long before i make a profit from the money I spent already?
Post by: Sonny on January 27, 2014, 10:00:28 PM

How many licks does it take to get to the Tootsie Roll center of a Tootsie Pop?!

Same as my other post above. About three. lol

lol.
Seems like a perfect answer to all those dumb questions.