I am fairly new to mining and have never posted on this board so I hope I dont get blasted but here goes......There is a lot of chatter about how mining will never return ROI so you should not do it so is my math off? I honestly dont believe that a $10,000 investment could gross ~350,000 dollars in a year but even looking at it conservatively you are looking at 5-10 times your money.
I have 7 red fury miners hashing away at a steady 15.5 ghash.
I am currently mining, on average, about ~.005 btc/day.
Divide that by the 15.5 ghash = .0003225 btc per day per ghash.
I am about to pull the trigger and preorder a Neptune for delivery 2nd qtr.
Assuming that the difficulty does not change (which it will and I will address that later)....
If my Neptune mined at the same btc/ghash rate, you would take .0003225 x 3000
That would mine .9675 btc/day
.9675 btc at the current exchange rate would gross you about $900 per day thereby returning investment in about 12 days (not including power bill)
Pretend that the difficulty doubles by the time I get my miner and my efficiency is cut in half, I am still making ~.5 btc per day and will have ROI in no time.
As I said, I am a new miner so everyones (especially the veterans) thoughts and opinions on my calculations are encouraged.....lay it on me and blast away.
Till then Thank you everyone for the knowledge in the forum and happy mining