Quote:
Originally Posted by xxweekxx
good point.. some days electricity is on the whole day..
i'll say in a week maybe around 100 hours of electricity..
Even if it takes around 12 months to break even I was looking at this as a long term investment.. beats keeping your money in stocks..
For example if I invest $100,000 and make only $10,000 a month, that's actually a pretty good investment, considering after one year its all profit
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income goes down by about 10% each month, because "difficulty" keeps going up:
so if first month you make $10k, it will play out like this:
Month / Income
1 $10,000.00
2 $9,000.00
3 $8,100.00
4 $7,290.00
5 $6,561.00
6 $5,904.90
7 $5,314.41
8 $4,782.97
9 $4,304.67
10 $3,874.20
11 $3,486.78
12 $3,138.11
13 $2,824.30
14 $2,541.87
15 $2,287.68
16 $2,058.91
17 $1,853.02
18 $1,667.72
19 $1,500.95
20 $1,350.85
21 $1,215.77
22 $1,094.19
23 $984.77
24 $886.29
25 $797.66
26 $717.90
27 $646.11
28 $581.50
29 $523.35
30 $471.01
31 $423.91
32 $381.52
33 $343.37
34 $309.03
35 $278.13
36 $250.32
TOTAL $97,747.16
obviously the $10k/month with a $100k investment were just made up numbers, but as you can see it's not as easy as you think.... and this whole calculation omits few critical details... it assumes the equipment doesn't break, doesn't account for your time to deal with it, possibility of someone finding out and cutting you off from the "free" electricity source, etc...
so long story short, unless you know what you are doing I wouldn't get into it...