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Old 11-29-2016, 08:35 PM  
rowan
Too lazy to set a custom title
 
Join Date: Mar 2002
Location: Australia
Posts: 17,393
Another thing to consider is that the value of BTC is high at the moment, but historically it hasn't stayed high for long, so in the long term your revenue could be even lower. On paper it's going to take you 2 to 3 years to break even just on the cost of the miners, but over that time a newer generation of faster and more efficient miners will have been released. You will not have the same competitive power at 12 or 24 months as you did in the first month, and since you haven't yet broken even, buying newer miners to keep up would result in a net loss.

Sounds like a big headache and a waste of money to me...
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