Bitmain is about to release the first ASIC mining hardware. If your lucky enough to get your hands on one of these babies you will most likely be making some good money.
Cryptoslice Facebook: https://www.facebook.com/cryptosliceaustralia/
More info:
https://www.coindesk.com/bitmain-confirms-release-first-ever-ethereum-asic-miners/

Expensive as hell..probably.
yeah it will be but if you live in canada or some state in the usa mining can be very profitable. Australia is one of the worst places in the world to mine :(
Iceland would be great. :)
Oh yeah would be so good.
And what about graphic cards its definitly over?
From what ive heard you need the right graphics cards and mining pool.i havent mined anything myself as its to hot and power cost way to much in australia to mine. I think if your in canada and that its pretty hard to go wrong