Its cheaper if you click around found exact same thing for $80 and $60 shipping.  Still cheaper then wiring 240 at your home, or if you live somewhere where you can't get 240 volt.

Was trolling on eBay and found these. Looks cool. It'll convert a standard US plug into 240 volt for the APW3. No need to install dual pole breakers to get your 240 volt line going.

http://www.ebay.com/itm/110v-120v-to-220v-240v-3000W-step-up-transformer-Voltage-Converter-Transformer-/151821295088?hash=item2359411df0:g:PoAAAOSw9r1V--CS

why would it use more fuel my truck has a 200 amp alternator its spinning all day anyways and 1300 watts at 12 volt is a little over 100 amps. Even when idling I gotta run the PTO so it doesn't shut off so its always making electricity. on top of the 4 giant deep cycle batteries each holding lots of juice as well.

Ha I just thought of something. What if I ran a couple of miners in my double bunk OTR Volvo truck. The company pays for the fuel and I got all the power I want already @ 12 volt and my unlimited data plan from Verizon will cover the internet connection. That'd be all profit after equipment, ha.
Right now the truck pretty much runs 24/7 when Im in it, Monday to Friday or Saturday straight.

well then, that's no fun. I better stick to my job before i call the boss. But if the S7 drops value that fast, shouldn't you be able to buy an S3 "buy 1 get 10 free" style?

I just looked closely at my electric bill and my kwh charge is actually .07257 and a .03194 delivery charge with a few other little taxes here and there. The .14kwh rate I just got from a local Google search. So my rate is .10 per kwh.
Even starting out I just don't want to use something with a smaller hash rate, just like you wouldn't go NASCAR racing in a golf cart.

The hardware portion I understand. I already have 240 volt at my house, 50mbit line and live in a cold climate most of the year so thats not an issue. I want to know where to start reading as far as the software portion goes.

is there a read a.k.a guide on what this bare minimum is?
Ive played with the calculators and with my local kilowatt hour at .14 its calculating a $2800 profit annually per S7. Of course thats a "perfect world" scenario and in no way guarantees anything, but still keeps me interested and wanting to join the "rat race" for bitcoins.
But before spending actually $ on hardware, what do I need to know?

Hello. Sparky here, I've become interested in the Bitcoin world about 2 months ago. Thinking you have to pay for bitcoin changed last week when I found out you can create your own by mining.
The latest mining hardware looks fancy and definitely has a sticker price with it to boot. My question is. If you go out and just buy 10 of the new S7 miners and just run em on a rack in your garage 24/7, can that be profitable?
What does one need to know/understand how the mining process works. Is it just a simple plug and play of the mining equipment or do you need a phd in computer science to understand it all?