Bitcoin Miner as a job

[raskul]

stuff..

1700GHS/695$ is 0.0011/GHS and will mine less than 0.1 the first week

i don't ever buy miners with BTC but if you say that's right i'll concur. 

have a great weekend.

If you buy with $ you still want to know if you will ROI in BTC so you have to compare the amount of BTC you could have bought with the amount of BTC that the miner will return.

you presume too much.
here's what I have.

a long term investment and a nice pile of paper wallets.
it is probably correct that if someone buys with $, that they are most likely so greedy to want to know precise calculations, so that they know when is best to cash out. but hey, that is indicative of the U$A.

i buy in €.
and...
you only have to compare anything if you have OCD.

[picolo]

stuff..

1700GHS/695$ is 0.0011/GHS and will mine less than 0.1 the first week

i don't ever buy miners with BTC but if you say that's right i'll concur. 

have a great weekend.

If you buy with $ you still want to know if you will ROI in BTC so you have to compare the amount of BTC you could have bought with the amount of BTC that the miner will return.

you presume too much.
here's what I have.

a long term investment and a nice pile of paper wallets.
it is probably correct that if someone buys with $, that they are most likely so greedy to want to know precise calculations, so that they know when is best to cash out. but hey, that is indicative of the U$A.

i buy in €.
and...
you only have to compare anything if you have OCD.

If you want more BTC or more $ and you mine knowing you will get back less BTC that you would have bought you are not making a good deal in comparison to buying BTC so why mine and not buy BTC?

You can ROI if you buy cheap to cloudmining companies like cloudminr that doesn't have maintenance fees.

[klondike_bar]

^because no fees and 1.1btc/th seems legit.... oh and a 5yr contract.

1th of equipment will use at MINIMUM 12kwh/day, or about $0.50/day if located in the cheapest power areas of Washington state with zero overhead. That's $180/year. More realistic variables are 2-4x that.

Beware the cloud ponzi

[picolo]

^because no fees and 1.1btc/th seems legit.... oh and a 5yr contract.

1th of equipment will use at MINIMUM 12kwh/day, or about $0.50/day if located in the cheapest power areas of Washington state with zero overhead. That's $180/year. More realistic variables are 2-4x that.

Beware the cloud ponzi

Cloudminr is located in Norway but I don't think the electricity is cheaper there than the price you gave. They said they will add maintenance fees later on. Everyone is buying up GHS there to benefit from the promotion of having cheap GHS and no maintenance fees for a limited amount of time.