For Individuals looking to get into the Mining Game in 2014, please read this!

[Entropy-uc]

A lot of people PM'd me asking for advice on what miner to buy and if this contract or hosted mining is profitable blah blah blah.

People. Reread the original post.

Maybe people dont agree with your original post.  To be honest, you seem to have an agenda of some sort.  Its 3am so i am too tired to speculate on what it is.  But its probably something annoying.  You are utterly ignoring the glaring flaw in your logic.   You could've preordered a KNCMiner 3,000 Gh/s for $9999 in December, probably receive it Feb 15, and believe me, not only will you pay the thing back in a matter of a few days, but you'll be sitting on some very nice profits. Sure, its not 100 BTC a week.  But 5-7 BTC a week is going to be a very happy day when BTC hits $10,000.  So i honestly have no idea what you are going on about.   The $10,000 units are getting more and more powerful.  They have to, or they couldn't sell them.

The ONLY point at which consumer mining is over, is when the hardware *legitimately* starts costing $25,000+ to get the most basic coin return.   BFL had a 500 listed for $24,000 I think several months ago.  Obviously way overpriced if KNC offers a 3,000 for $10,000.  I am waiting to see what the next KNCMiner preorder is going to be.  In order for it to be worth selling, its going to be significantly more than 3,000... and as a result you'll get a profitable mining machine for the same price.

--------------
You also rejected someones comment that alt coin mining can work.  That is utter hogwash as well.  I have a pithy 8 GPU system pushing 5600 MH/s and with DOGECOIN currently at 230 satoshi, I am generating roughly $95.00 per day, which means I will generate a bitcoin from it in 8.7 days.   And do you know how much I spent to get set up?  About $4,000.  

So with $4,000 you can mine alt coins and generate 4 Bitcoins a month.  Get another 4 GPU's, (total of 12) for another $2,000 and make that 6 BTC per month.  Assuming DOGE stays high.  Even when it was low I was doing 1-2 BTC per month.   Mining LTC was giving me 1.4 LTC per day.  With LTC @ $24, thats 1.3 BTC per month.   With a crappy 8 GPU system.  Worst case scenario.  So you're wrong.   Its still possible to mine Bitcoin.  And if 1 BTC is worth $10,000 soon (and it will be), then even 1.3 BTC per month is a beautiful thing.

-B-

You are completely talking out of your ass.  A KNC Neptune order from November will be lucky to take delivery in July.  They haven't even completed the design phase yet.  The fools who funded KNC's R&D for that project will be lucky to get to break-even in 2 years.

And Dogecoin?  Making profits from scam coins is picking up nickels ahead of a steam roller.  Somebody holds the bag and loses everything.

[tmp_account]

SEE THE WEBSITE: http://btcinfo.co.nf

Hey,

I've set up some numbers about Bitcoin, as you can see below. These numbers rely on the fact that there is 25 TH/sec equipment for mining (!!) and there's a growth in difficulty of 20% every 12 days (estimated on the historical facts - The previous/historical facts of bitcoin (source: http://bitcoinwisdom.com/bitcoin/difficulty) are shown below my own generated numbers). Please keep in mind that the growth may vary because many ASICS are shipping. Time has been calculated with the bitcoin-calculator of wolframalpha.com

So, if you're into mining right now and have some decent equipment, you can make some nice "money" for a few upcoming months.
It will probably end in july, then the difficulty will go up too much to make it pretty profitable.

The point is, if some guys have made some pre-orders of some ASIC of 500 GH/sec or like 2 TH/sec, they probably get it delivered in june/july and won't make any profit anymore because their hardware is kinda obsolete. ASIC manufacturers should come up (read: Really FAST) with new hardware to make mining profitable in the future, as it will take more than three months to mine a single block in the end of august with 25 TH/sec.

Note: If you're a miner with 100 GH/sec or sth like that, then please keep in mind that I'm talking about numbers of 25 TH/sec. Please relate that to the hours / days given below (july will take about 55 days with 25 TH/sec, that's 1375 days with 1000 GH/sec, which is almost 4 years .. just for one block).

For those guys who want to see some graphics, go to: http://bitcoindifficulty.com/

** I'm not saying that BTC is crap, it's just that the industry needs to improve mining hardware in the future to make it profitable for miners **

SEE THE WEBSITE: http://btcinfo.co.nf

1. Date
2. TH/sec
3. Difficulty
4. Growth in %
5. Growth in numbers
6. Hours for a block
7. Days for a block

1              2       3                      4       5                      6         7

23-1-2014    25    1.789.546.951   0%   0                   85,4      3,6
4-2-2014   25   2.150.113.338   20%   357.909.390   102,6      4,3
16-2-2014   25   2.580.136.006   20%   430.022.668   123,1      5,1
28-2-2014    25   3.096.163.207   20%   516.027.201   147,8      6,2
12-3-2014   25   3.715.395.848   20%   619.232.641   177,3      7,4
24-3-2014   25   4.458.475.018   20%   743.079.170   212,8      8,9
5-4-2014   25   5.350.170.021   20%   891.695.004   255,3      10,6
17-4-2014    25   6.420.204.025   20%   1.070.034.004   306,4      12,8
29-4-2014   25   7.704.244.831   20%   1.284.040.805   367,7      15,3
11-5-2014   25   9.245.093.797   20%   1.540.848.966   441,2      18,4
23-5-2014    25   11.094.112.556   20%   1.849.018.759   529,4      22,1
4-6-2014   25   13.312.935.067   20%   2.218.822.511   635,3      26,5
16-6-2014  25   15.975.522.081   20%   2.662.587.013   762,4      31,8
28-6-2014   25   19.170.626.497   20%   3.195.104.416   914,9      38,1
10-7-2014   25   23.004.751.796   20%   3.834.125.299   1098      45,8
22-7-2014   25   27.605.702.155   20%   4.600.950.359   1317      54,9
3-8-2014    25   33.126.842.586   20%   5.521.140.431   1581      65,9
15-8-2014   25   39.752.211.104   20%   6.625.368.517   1897      79,0
27-8-2014    25   47.702.653.324   20%   7.950.442.221   2276      94,8
8-9-2014   25   57.243.183.989   20%   9.540.530.665   2732      113,8
20-9-2014   25   68.691.820.787   20%   11.448.636.798   3728      155,3
2-10-2014    25   82.430.184.945   20%   13.738.364.157   3934      163,9
14-10-2014   25   98.916.221.933   20%   16.486.036.989   4720      196,7
26-10-2014    25   118.699.466.320   20%   19.783.244.387   5665      236,0
7-11-2014   25   142.439.359.584   20%   23.739.893.264   6797      283,2
19-11-2014 25   170.927.231.501   20%   28.487.871.917   8157      339,9
1-12-2014   25   205.112.677.801   20%   34.185.446.300   9788      407,8
13-12-2014    25   246.135.213.361   20%   41.022.535.560   11746   489,4
25-12-2014    25   295.362.256.034   20%   49.227.042.672   14095   587,3
6-1-2014   25    354.434.707.240   20%   59.072.451.207   16914   704,8
18-1-2015   25   425.321.648.688   20%   70.886.941.448   20297   845,7
30-1-2015    25   510.385.978.426   20%   85.064.329.738   24357   1014,9

Historical overview of bitcoin:
(source: http://bitcoinwisdom.com/bitcoin/difficulty)

1. Date
2. Difficulty
3. Change
4. Hash Rate

1                       2                      3               4
Jan 13 2014   1,789,546,951   26.16%   12,810,076 GH/s
Jan 02 2014   1,418,481,395   20.12%   10,153,885 GH/s
Dec 21 2013    1,180,923,195   30.01%   8,453,378 GH/s
Dec 10 2013   908,350,862   28.41%   6,502,229 GH/s
Nov 29 2013    707,408,283   16.07%   5,063,826 GH/s
Nov 17 2013   609,482,680   19.29%   4,362,847 GH/s
Nov 05 2013    510,929,738   30.70%   3,657,378 GH/s
Oct 26 2013   390,928,788   46.02%   2,798,377 GH/s
Oct 16 2013   267,731,249   41.45%   1,916,495 GH/s
Oct 06 2013   189,281,249   27.19%   1,354,928 GH/s
Sep 25 2013    148,819,200   32.13%   1,065,289 GH/s
Sep 14 2013   112,628,549   29.56%   806,227 GH/s
Sep 04 2013    86,933,018           32.22%   622,291 GH/s
Aug 24 2013    65,750,060           29.40%   470,657 GH/s
Aug 13 2013    50,810,339           35.88%   363,715 GH/s
Aug 03 2013   37,392,766           19.63%   267,668 GH/s
Jul 22 2013           31,256,961           19.47%   223,746 GH/s
Jul 11 2013           26,162,876           22.63%   187,281 GH/s
Jun 29 2013   21,335,329           10.32%   152,724 GH/s
Jun 16 2013    19,339,258           23.92%   138,436 GH/s
Jun 05 2013   15,605,633           28.41%   111,709 GH/s
May 25 2013    12,153,412           8.64%   86,998 GH/s
May 12 2013   11,187,257           11.03%   80,082 GH/s
Apr 30 2013    10,076,293           12.28%   72,129 GH/s
Apr 17 2013   8,974,296           16.96%   64,241 GH/s
Apr 05 2013    7,673,000           14.59%   54,925 GH/s
Mar 24 2013   6,695,826           38.13%   47,931 GH/s
Mar 14 2013    4,847,647           10.98%   34,701 GH/s
Mar 01 2013   4,367,876           19.63%   31,266 GH/s
Feb 18 2013   3,651,012           11.47%   26,135 GH/s
Feb 05 2013    3,275,465           10.33%   23,447 GH/s
Jan 23 2013   2,968,775           -8.64%   21,251 GH/s
Jan 08 2013   3,249,550           9.06%   23,261 GH/s
Dec 26 2012   2,979,637           -11.59%   21,329 GH/s
Dec 10 2012   3,370,182           -2.00%   24,125 GH/s
Nov 26 2012   3,438,909            2.08%   24,617 GH/s
Nov 12 2012   3,368,767           1.95%   24,115 GH/s
Oct 30 2012   3,304,356           7.55%   23,654 GH/s
Oct 16 2012   3,072,322           0.58%   21,993 GH/s
Oct 03 2012   3,054,628           6.65%   21,866 GH/s
Sep 19 2012   2,864,141           6.31%   20,502 GH/s
Sep 06 2012   2,694,048          10.38%   19,285 GH/s
Aug 25 2012   2,440,643          11.40%   17,471 GH/s
Aug 12 2012   2,190,866           7.57%   15,683 GH/s
Jul 30 2012           2,036,671           9.12%   14,579 GH/s
Jul 17 2012           1,866,391           6.56%   13,360 GH/s
Jul 04 2012           1,751,455           1.44%   12,537 GH/s
Jun 20 2012   1,726,567           9.06%   12,359 GH/s
Jun 07 2012   1,583,178          -0.50%   11,333 GH/s

[pjviitas]

SEE THE WEBSITE: http://btcinfo.co.nf

Hey,

I've set up some numbers about Bitcoin, as you can see below. These numbers rely on the fact that there is 25 TH/sec equipment for mining (!!) and there's a growth in difficulty of 20% every 12 days (estimated on the historical facts - The previous/historical facts of bitcoin (source: http://bitcoinwisdom.com/bitcoin/difficulty) are shown below my own generated numbers). Please keep in mind that the growth may vary because many ASICS are shipping. Time has been calculated with the bitcoin-calculator of wolframalpha.com

So, if you're into mining right now and have some decent equipment, you can make some nice "money" for a few upcoming months.
It will probably end in july, then the difficulty will go up too much to make it pretty profitable.

The point is, if some guys have made some pre-orders of some ASIC of 500 GH/sec or like 2 TH/sec, they probably get it delivered in june/july and won't make any profit anymore because their hardware is kinda obsolete. ASIC manufacturers should come up (read: Really FAST) with new hardware to make mining profitable in the future, as it will take more than three months to mine a single block in the end of august with 25 TH/sec.

Note: If you're a miner with 100 GH/sec or sth like that, then please keep in mind that I'm talking about numbers of 25 TH/sec. Please relate that to the hours / days given below (july will take about 55 days with 25 TH/sec, that's 1375 days with 1000 GH/sec, which is almost 4 years .. just for one block).

For those guys who want to see some graphics, go to: http://bitcoindifficulty.com/

** I'm not saying that BTC is crap, it's just that the industry needs to improve mining hardware in the future to make it profitable for miners **

SEE THE WEBSITE: http://btcinfo.co.nf

1. Date
2. TH/sec
3. Difficulty
4. Growth in %
5. Growth in numbers
6. Hours for a block
7. Days for a block

1              2       3                      4       5                      6         7

23-1-2014    25    1.789.546.951   0%   0                   85,4      3,6
4-2-2014   25   2.150.113.338   20%   357.909.390   102,6      4,3
16-2-2014   25   2.580.136.006   20%   430.022.668   123,1      5,1
28-2-2014    25   3.096.163.207   20%   516.027.201   147,8      6,2
12-3-2014   25   3.715.395.848   20%   619.232.641   177,3      7,4
24-3-2014   25   4.458.475.018   20%   743.079.170   212,8      8,9
5-4-2014   25   5.350.170.021   20%   891.695.004   255,3      10,6
17-4-2014    25   6.420.204.025   20%   1.070.034.004   306,4      12,8
29-4-2014   25   7.704.244.831   20%   1.284.040.805   367,7      15,3
11-5-2014   25   9.245.093.797   20%   1.540.848.966   441,2      18,4
23-5-2014    25   11.094.112.556   20%   1.849.018.759   529,4      22,1
4-6-2014   25   13.312.935.067   20%   2.218.822.511   635,3      26,5
16-6-2014  25   15.975.522.081   20%   2.662.587.013   762,4      31,8
28-6-2014   25   19.170.626.497   20%   3.195.104.416   914,9      38,1
10-7-2014   25   23.004.751.796   20%   3.834.125.299   1098      45,8
22-7-2014   25   27.605.702.155   20%   4.600.950.359   1317      54,9
3-8-2014    25   33.126.842.586   20%   5.521.140.431   1581      65,9
15-8-2014   25   39.752.211.104   20%   6.625.368.517   1897      79,0
27-8-2014    25   47.702.653.324   20%   7.950.442.221   2276      94,8
8-9-2014   25   57.243.183.989   20%   9.540.530.665   2732      113,8
20-9-2014   25   68.691.820.787   20%   11.448.636.798   3728      155,3
2-10-2014    25   82.430.184.945   20%   13.738.364.157   3934      163,9
14-10-2014   25   98.916.221.933   20%   16.486.036.989   4720      196,7
26-10-2014    25   118.699.466.320   20%   19.783.244.387   5665      236,0
7-11-2014   25   142.439.359.584   20%   23.739.893.264   6797      283,2
19-11-2014 25   170.927.231.501   20%   28.487.871.917   8157      339,9
1-12-2014   25   205.112.677.801   20%   34.185.446.300   9788      407,8
13-12-2014    25   246.135.213.361   20%   41.022.535.560   11746   489,4
25-12-2014    25   295.362.256.034   20%   49.227.042.672   14095   587,3
6-1-2014   25    354.434.707.240   20%   59.072.451.207   16914   704,8
18-1-2015   25   425.321.648.688   20%   70.886.941.448   20297   845,7
30-1-2015    25   510.385.978.426   20%   85.064.329.738   24357   1014,9

Historical overview of bitcoin:
(source: http://bitcoinwisdom.com/bitcoin/difficulty)

1. Date
2. Difficulty
3. Change
4. Hash Rate

1                       2                      3               4
Jan 13 2014   1,789,546,951   26.16%   12,810,076 GH/s
Jan 02 2014   1,418,481,395   20.12%   10,153,885 GH/s
Dec 21 2013    1,180,923,195   30.01%   8,453,378 GH/s
Dec 10 2013   908,350,862   28.41%   6,502,229 GH/s
Nov 29 2013    707,408,283   16.07%   5,063,826 GH/s
Nov 17 2013   609,482,680   19.29%   4,362,847 GH/s
Nov 05 2013    510,929,738   30.70%   3,657,378 GH/s
Oct 26 2013   390,928,788   46.02%   2,798,377 GH/s
Oct 16 2013   267,731,249   41.45%   1,916,495 GH/s
Oct 06 2013   189,281,249   27.19%   1,354,928 GH/s
Sep 25 2013    148,819,200   32.13%   1,065,289 GH/s
Sep 14 2013   112,628,549   29.56%   806,227 GH/s
Sep 04 2013    86,933,018           32.22%   622,291 GH/s
Aug 24 2013    65,750,060           29.40%   470,657 GH/s
Aug 13 2013    50,810,339           35.88%   363,715 GH/s
Aug 03 2013   37,392,766           19.63%   267,668 GH/s
Jul 22 2013           31,256,961           19.47%   223,746 GH/s
Jul 11 2013           26,162,876           22.63%   187,281 GH/s
Jun 29 2013   21,335,329           10.32%   152,724 GH/s
Jun 16 2013    19,339,258           23.92%   138,436 GH/s
Jun 05 2013   15,605,633           28.41%   111,709 GH/s
May 25 2013    12,153,412           8.64%   86,998 GH/s
May 12 2013   11,187,257           11.03%   80,082 GH/s
Apr 30 2013    10,076,293           12.28%   72,129 GH/s
Apr 17 2013   8,974,296           16.96%   64,241 GH/s
Apr 05 2013    7,673,000           14.59%   54,925 GH/s
Mar 24 2013   6,695,826           38.13%   47,931 GH/s
Mar 14 2013    4,847,647           10.98%   34,701 GH/s
Mar 01 2013   4,367,876           19.63%   31,266 GH/s
Feb 18 2013   3,651,012           11.47%   26,135 GH/s
Feb 05 2013    3,275,465           10.33%   23,447 GH/s
Jan 23 2013   2,968,775           -8.64%   21,251 GH/s
Jan 08 2013   3,249,550           9.06%   23,261 GH/s
Dec 26 2012   2,979,637           -11.59%   21,329 GH/s
Dec 10 2012   3,370,182           -2.00%   24,125 GH/s
Nov 26 2012   3,438,909            2.08%   24,617 GH/s
Nov 12 2012   3,368,767           1.95%   24,115 GH/s
Oct 30 2012   3,304,356           7.55%   23,654 GH/s
Oct 16 2012   3,072,322           0.58%   21,993 GH/s
Oct 03 2012   3,054,628           6.65%   21,866 GH/s
Sep 19 2012   2,864,141           6.31%   20,502 GH/s
Sep 06 2012   2,694,048          10.38%   19,285 GH/s
Aug 25 2012   2,440,643          11.40%   17,471 GH/s
Aug 12 2012   2,190,866           7.57%   15,683 GH/s
Jul 30 2012           2,036,671           9.12%   14,579 GH/s
Jul 17 2012           1,866,391           6.56%   13,360 GH/s
Jul 04 2012           1,751,455           1.44%   12,537 GH/s
Jun 20 2012   1,726,567           9.06%   12,359 GH/s
Jun 07 2012   1,583,178          -0.50%   11,333 GH/s

Difficulty will be leveling out very soon.

[ChuckBuck]

I'm glad I ignored the naysayers in this forum that said you'd never ROI in the mining game.  The difficulty will be too high.  All the high end miners will flood the network.  Just Buy and HODL.

Blah Blah Blah.  They won't flood the network, more like trickle slowly in batches.  The difficulty jumps aren't 30%, more like 18-20% increases.

By every calculator (Genesis Block, Bitcoinwisdom, BTCInvest, etc) I will ROI by May or so.

It's all about doing your own research, finding the best bang for your buck, and only ordering equipment "In Hand".

Thank you Bitmaintech, for proving there is hope in being a home miner.  

[kthejung]

nice post, thank you.

[rjsanchez]

I would like to know what folks think about mining via pools like CEX.IO for BTC or Pool-X.eu for LTC. I believe its profitable trading in a pool.  Please let me know your thoughts.  Thanks

[SecureErase]

I would like to know what folks think about mining via pools like CEX.IO for BTC or Pool-X.eu for LTC. I believe its profitable trading in a pool.  Please let me know your thoughts.  Thanks

I had been considering for some time to buy mining hardware and mine myself. But looking at the numbers it just didn't make sense to buy my own hardware as the returns weren't viable and the new generation machines were all on a delivery promise in the future which based on difficulty increases made pre ordering a suspect way to go. The only viable option I saw was getting Cointerra early batches of the 28nm machines (byearly I mean Feb not May).

So just recently I bought 2 BTC worth of GH at CEX.IO. It got me 84GH of immediate mining and based on past few days yielding around 0.0174 per day = $11.50 per day or $300+ per month (based on $1BTC = $660 USD).

Benefits for me are I can sell my GH at any moment (so won't be stuck with old mining kit or try to sell it on EBAY). I can add to the GH at any moment (if I want to reinvest profit or add more as difficulty increases). There is also profit potential if the GH to BTC exchange rate goes up (which it has since I bought).

[pjviitas]

I would like to know what folks think about mining via pools like CEX.IO for BTC or Pool-X.eu for LTC. I believe its profitable trading in a pool.  Please let me know your thoughts.  Thanks

I had been considering for some time to buy mining hardware and mine myself. But looking at the numbers it just didn't make sense to buy my own hardware as the returns weren't viable and the new generation machines were all on a delivery promise in the future which based on difficulty increases made pre ordering a suspect way to go. The only viable option I saw was getting Cointerra early batches of the 28nm machines (byearly I mean Feb not May).

So just recently I bought 2 BTC worth of GH at CEX.IO. It got me 84GH of immediate mining and based on past few days yielding around 0.0174 per day = $11.50 per day or $300+ per month (based on $1BTC = $660 USD).

Benefits for me are I can sell my GH at any moment (so won't be stuck with old mining kit or try to sell it on EBAY). I can add to the GH at any moment (if I want to reinvest profit or add more as difficulty increases). There is also profit potential if the GH to BTC exchange rate goes up (which it has since I bought).

I have never been "stuck" with mining kit.  Have always sold it on e-bay for at least what I paid for it.

[TonyZX]

I agree that nowadays buying bitcoinc is much better than mining for the beginners as there are many big companies who have huge budgets and this is advantage over individual miner.

[libitum]

There is so few miners around (the good ones, 28nm asics) that if you get your hands in one, you can mine for some time and resell it for the same you paid for it.

I have been mining with asics since october (KNC) and every time I bought a miner, I have got ROI within 1 month.
It is true that difficulty is going up fast (same argument since the last 6 months), and that this 2014 will be less profitable than 2013 for miners.
Still, mining equipment is profitable. Difficulty can not just double every 2 months. Every time difficulty doubles, it means that there is twice as much equipment mining. If there is now 100 000 bitcoin miners, for difficulty to double, there needs to be 200 000 miners in few months. And for it to double again, there needs to be 400 000 miners. Then 800 000 and then 1 600 000, and so on.

So we will reach the plateau where people can not buy mining equipment because ROI is too low to make it a good business idea to get into bitcoin mining. Then network difficulty will be flat for the next few years. If at that point you have miners which have already paid for themselves, you will have extra monthly income for long time, without seing the reduction you see now due to more people getting into mining.

I have bought 6 20nm Neptunes (to be delivered within 1st half 2014, which I plan to mine for at least 2-3 years. Reach ROI within 5 months, and have those as a constant income until 2016-2017 when the 4 th generation asics (14nm) make the 3rd generation asics (20nm) obsolete.

[rograz]

If only we could go back and look at historic data for when something similar has happened once or twice and base our math on that, but no no ASIC is different and this time next year there will be a global energy crisis due to BTC mining  Within this decade the continents will start sinking due to the mile thick layers of e-waste generated from this exponential growth in mining power.

[pjviitas]

If only we could go back and look at historic data for when something similar has happened once or twice and base our math on that, but no no ASIC is different and this time next year there will be a global energy crisis due to BTC mining   Within this decade the continents will start sinking due to the mile thick layers of e-waste generated from this exponential growth in mining power.

As long as the value of Bitcoin stays around where it is difficulty will level out.

Even if Bitcoin does keep going up in value and people go ape-shit buying miners, technological limitations will force difficulty to level out.

Difficulty WILL level out one day...there is no way around it.

[eldentyrell]

another, reptillian part of their brain is screaming "MONEY. LOTS AND LOTS OF MONEY."

… says the guy who runs a gambling website.

In other words, listen up n00bs, the man knows what he's talking about.

[freedomno1]

Mining will remain an interesting market for some time if your lazy you can move the hash elsewhere as well

[klondike_bar]

I'm glad I ignored the naysayers in this forum that said you'd never ROI in the mining game.  The difficulty will be too high.  All the high end miners will flood the network.  Just Buy and HODL.

Blah Blah Blah.  They won't flood the network, more like trickle slowly in batches.  The difficulty jumps aren't 30%, more like 18-20% increases.

By every calculator (Genesis Block, Bitcoinwisdom, BTCInvest, etc) I will ROI by May or so.

It's all about doing your own research, finding the best bang for your buck, and only ordering equipment "In Hand".

Thank you Bitmaintech, for proving there is hope in being a home miner.  

most of my antminers have actually broken even at this point, basically any hardware purchsed >3 months ago in fact has

[UnitedColors]

Mining will remain an interesting market for some time if your lazy you can move the hash elsewhere as well

Totally agree with you. Mining is a hobby that also give you an opportunity to earn money - that' cool