True. It's almost not even for altcoin mining.
I have a fun question though..
If you mine just with your regular quad core cpu, for two hours per day, which are your chances of finding a block?
Are these chances less than buying the cheapest lottery ticket of a normal national lottery?
(Let's say a lottery where you guess 5 out of 50 numbers)
It's usually called "the fools tax" lol.
Well the topic starter seems not to read?
Anyway bitcoin mining is some kind of waste of money, unleas u have free/cheap power costs ( like other says ), u can better buy bitcoins, because the price for 1 is only raising up.
What i do i mining alt coins, like i mined some coins a few days, at that week i earned like 10 dollar, 2 weeks later the same coins brought me to over the 200 dollar for the same coins ( not more ).
u can beter stay on this forum for 2 weeks at least, and read all the topics what tracks ur interest, and at this moment i advise the alternative crypto topics.
But again if u have free / verry verry cheap power costs at ur home or somewhere else, u can mine bitcoins for sure.
No don't get me wrong here.. I'm new at the forum but not new to the whole btc world (of warcraft)..
I also mined altcoins as you pointed out and made some money. Also exchanged some of them for btc.
Unfortunatelly currently altcoins are not profitable for my power consumption and it's really time consuming to bet which is going up in order to still make money.
I prefer to spend my time somewhere else...
Nevertheless I just made a fun question, food for thought.
The people in business, keep it up..
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. So completing the query, if you buy a lottery ticket as mentioned above, you have one chance in 434027,777... 
