Thanks for the information. In that case mining wont be profitable for the future? how about mining other coins like litecoin , primecoin and etc and then converting it into bitcoin ? Will that be profitable then?
Basically i am a Forex trading person and i want to invest my profits for the long time returns. Thats the reason i am trying into this. Could you suggest me some other mining which will be profitable for now and for long term.
why bitcoin mining is not profitable? It is still profitable for me. I can mine also other 256sha altctoins with blades. Just from CPU mining it is always been satirized how few idiots mining bitcoins. How stupids these people, and all together from all different angles.
well .. if at the end some one made millions of dollars, he/she was/were not so stupid.
now with diff 390 mil I'm still making coins everyday and with current cost of btc 216 usd I would rather keep mining. Suppose I will sale all my equipment on current market rate. That does not make any sense for me as I can mine that amount in one month and still keep equipment.
If you are trader then mining is for you. mine some coins put it into trading and you will be happy.
Fight for survival, strong will survive and weak vanish.