I've been at this about a month now, I knew going in it was going to be hard to profit but still held out hope. At the current BTC rate I'm mining at a loss big time. But it's OK because I'm learning a lot and I am having some fun which is one of the reasons I wanted to start mining. About 10 days ago I earned my first full BTC (milestone one) since then I have earned another full one. Milestone two came after earning that first full coin, the payout that put me over 1 left me with 1.08 or so. I took the extra .08 and bought a $75 game stop card from Gyft, yay first purchase with BTC. I used the card to get a couple of controllers and a copy of Diablo3 for my PS3. Third milestone is that I sold a couple of NMC on btc-e last night for about $11 and it felt pretty damn cool
Also got my gaming rig finally hashing away for LTC. Thanks to cudaminer I'm getting at least 100kh/s from the nvidia card and earned first .1 in just under a week.
Mining at a loss is at least fun. I figure I just as well could have spent the money on TV's and other gadgets but this is providing a very unique kind of entertainment. And who knows what BTC will do. People say it could reach $10,000 this year. I try to remind myself that is just wishful thinking by the Bitcoin community but hey you never know, and now I am part of the Bitcoin community and if it does get to 10k then I'll either be looking pretty lucky or pretty smart. 5 full coins was my goal. I have 2 now and 400Gh/s to get me 3 more before rewards diminish too greatly. After that I'm not sure what I will do. It would be close to summer time I imagine and I would either have to move these down to the basement or just turn them off. It gets 100 degrees here in the summer time and I really don’t want that extra heat. But if they are still earning at least .1 a month at that time I suppose it would be worth trying to move them down to the basement and keep them running.
