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Bitcoin mining
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I was wondering how much I'd have to spend to have a profit? I have a friend that could "invest" about $100k but, before I talk to him about it I need too know if that'll be enough.Power, machines, accessories,etc. how much could I make? Enough to live off of? Or not?
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>>1107795
those days are over lol are you an idiot
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>>1107795
>2011+5

Really senpai?
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>>1107795
Invest that money researching a time travel machine m8, that's probably the only way you could actually turn a profit ever again by mining bitcoins.
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>bitcoin mining in 2016

you missed the gravy train by about half a decade m8
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I've been looking at prices and calculating the profit. If I were to buy 1000 antminer s7's I could make around 188,000 a month. Pay the debts in 6-7 months. And let the money flow in after.
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Mine ethereum.

Bitcoin mining is fucked. The chinese raped the shit out of it.
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>>1108384
what is block difficulty increce?
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>>1107795
Better get $100 for a time machine
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you must mine altcoins in multipools for maximum profit (which is not much anyways), buy an antminer s7 or wait for something with bitfury's new chip to come out

You recover profits in 2 months if you're lucky
If you mine a currency that goes to the moon it's much better of course
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>>1108985
How?
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>still thinking cryptocurrency isn't one ponzi-scheme after another
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