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Saffronix
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July 26, 2014, 02:59:36 AM
 #21
Yeah, no.

You're calculations are very wrong.

You won't earn anything with that.
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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charlieSeen
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July 26, 2014, 03:52:35 AM
 #22
You are way off. I think your calculations are based on difficulty from years ago.

Today CPU mining will unlikely yield even a penny worth of bitcoin over a year, and you would probably spend hundreds of dollars on electricity. 
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July 26, 2014, 02:16:01 PM
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As others have already explained in details, your calculation is completely wrong.

If you really want to mine some bitcoin, you will need to buy some sha256 ASIC, which IMO is not a good investment, at least not as good as buying bitcoin directly.
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