JaymanHD :
Quixit :
It's almost impossible to compete now unless you're somewhere like China with fairly cheap labor, access to cheap ASICs and low power prices. Actually, yeah it's pretty much only sensible to do it large-scale in China.
Well I'm not going to China so I'm probably going to wait a little while Longer for the price to go up. Looks like its steadily doing so.
I wouldn't even bother getting into it if the prices go up. Are you going to go to the hardware store and use bitcoins? No. It's a made-up currency that does not hold value at 99% of shops in this world. Half of its purpose is just for purchasing illegal goods since no exchange of actual money has to be done. You have to invest thousands of dollars into hardware, that's real money we are talking about, just to decipher some stuff and get you virtual money. In the end, you just realize how much more stuff you could buy if you just worked at McDonalds.