BitCoin has just become apparent in the passed few months. BitCoin Mining is a CPU generating financial currency. If you’ve arrived to this page you are admireably wondering if it is profitable or not. Here are the quick stats I have from my experience thus far. If these change I will re-post the information so feel free to check back. Currently BitCoin generates approximately $1.12s per gigahertz of computing power per month. If you had a few teraflops of computing power you might just put together a savings account. The numbers are based off of actual results with a bitcoin priced at $500 each.
The economic equation for wealth growth in the financial market is a simple one. A Balance of power with a basis of wealth to build trust. I think you’ll find if the numbers don’t change soon BitCoin is lacking both in this industry. Its a congeneous equation for possibly one or a few people to cash in on. It is a neat idea but America lacks the restraint and gears of ambiguity to establish this economy.
If the numbers do change I will post them on this post so again feel free to check back every couple months.