Quote:
Originally Posted by photon
Dang that's a good idea (selling premade mining systems), I should have done that.
I'm starting out with two to validate the process to my wife, then I might be able to get more.
I wonder how many I'd need to replace my work income...  |
I've been doing this for 2 years and it's a slippery slope. I still need work income and constant reminders to myself to keep going even though I should have had a million dollars in BTC by now if didn't sell to pay my bills in 2011. It's currently more profitable to mine some of the alt currencies (feathercoin, novacoin, digitalcoin) but converting them to BTC and then cashing out is more difficult and uncertain.
For me, alt currency (including Litecoin) is there only to help pay for Bitcoin mining. Bitcoin mining is probably the way you want to go to replace your day job if you can afford to drop a couple grand to stay ahead of the constantly growing ASIC mining curve. I currently have thousands put into Butterflylabs and KnC miner pre-orders that I don't even have in my possession yet.
Having no wife helps
