Yep you have right
Get used to it.
Topic: Advice for new users regarding CLOUD MINING - page 6. (Read 44317 times)
If I achieve ROI. It will be a scam?
Yes, of course. It will just be a somewhat successful scam to survive that long.
Or do you think anyone that ROId with pirate is proof it was no scam?
Yep you have right that was stupid question..
But cloudmining.website guarantees only a year of mining.. so maybe they can do that..
PBmining was almost year? Now i see what is going on with them.. When they have next payment? If I achieve ROI. It will be a scam?
Yes, of course. It will just be a somewhat successful scam to survive that long.
Or do you think anyone that ROId with pirate is proof it was no scam?
So cloudmining.website is scam as well,
Thats the only part you did get right
ehh I am impressed with your crusade..
If I achieve ROI. It will be a scam?
So cloudmining.website is scam as well,
Thats the only part you did get right
No way I do not believe in 0.0011/GH/s in VIP offer and 9% referrals. I think it is scam.
So you say that someone is a scammer because he sells at a low price?
So cloudmining.website is scam as well, because price there is 0.01 BTC/GHS.. And when price is 0.013 that is not scam?
No way I do not believe in 0.0011/GH/s in VIP offer and 9% referrals. I think it is scam.
In this climat, cloudmining can bring you great return if you chose the correct company to invest with.
GHS at 0.0015 and lower will likely ROI if the maintenance costs of the company is low.
GHS at 0.0015 and lower will likely ROI if the maintenance costs of the company is low.
Can you link me to cloudminer.io's maintenance costs?
What fees do you have?
We have a no fee policy.
For any changes we will notify everyone through our website and on Bitcointalk forums.
https://cloudminr.io/faq/
At cex : 0.107$/GHS/month and the price on the market is 0.0016
if they have no fees then how do they make profit to stay in business?
or do they have other methods of making up for that?
They get 0.0013/GHS (or 0.0011/GHS for vip) when you buy GHS. They are probably getting hardware at a lower costs so they make a profit and they will add a small maintenance cost when they need it.
Correct. Mining runs in cycles, now we see that the dynamics of the difficulty fluctuates so it is safe to say that those people who purchased GH/s a month or two ago will have ROI or it is very likely they will get ROI. 3-4 weeks ago you could buy GH/s for as low as 0.0011BTC. Now they are trading at 0.0013. I am sure that the price will not drop significantly in the next 1-2 weeks as diff is still fluctuating and at the moment is poised to go down. We may see a very small decrease in diff in coming weeks but for the miners it very good! It is better than the flat line isn't it? If in this period of lower difficulty a spike in price of bitcoin occurs costs of hashing power will drop to a few % as it was in November last year. And you can be sure that at some stage it will happen.
(I assume that you are talking about cex/ghash on the above)While this may be true, you still need to factor in the cost of electricity/maintenance which is almost always priced in dollars (as they are paid for in terms of dollars). If the exchange rate falls more then the difficulty then you could still potentially see a decline in net revenue as the electricity costs eats away are a greater share of mining revenue).
Well yes, however at some stage the price will bounce up and probably the dynamics of the price going up will be greater than the dynamics of the diff catching up. That's what I am hoping for.
Correct. Mining runs in cycles, now we see that the dynamics of the difficulty fluctuates so it is safe to say that those people who purchased GH/s a month or two ago will have ROI or it is very likely they will get ROI. 3-4 weeks ago you could buy GH/s for as low as 0.0011BTC. Now they are trading at 0.0013. I am sure that the price will not drop significantly in the next 1-2 weeks as diff is still fluctuating and at the moment is poised to go down. We may see a very small decrease in diff in coming weeks but for the miners it very good! It is better than the flat line isn't it? If in this period of lower difficulty a spike in price of bitcoin occurs costs of hashing power will drop to a few % as it was in November last year. And you can be sure that at some stage it will happen.
(I assume that you are talking about cex/ghash on the above)While this may be true, you still need to factor in the cost of electricity/maintenance which is almost always priced in dollars (as they are paid for in terms of dollars). If the exchange rate falls more then the difficulty then you could still potentially see a decline in net revenue as the electricity costs eats away are a greater share of mining revenue).
In this climat, cloudmining can bring you great return if you chose the correct company to invest with.
GHS at 0.0015 and lower will likely ROI if the maintenance costs of the company is low.
GHS at 0.0015 and lower will likely ROI if the maintenance costs of the company is low.
Can you link me to cloudminer.io's maintenance costs?
What fees do you have?
We have a no fee policy.
For any changes we will notify everyone through our website and on Bitcointalk forums.
https://cloudminr.io/faq/
At cex : 0.107$/GHS/month and the price on the market is 0.0016
if they have no fees then how do they make profit to stay in business?
or do they have other methods of making up for that?
What fees do you have?
We have a no fee policy.
For any changes we will notify everyone through our website and on Bitcointalk forums.
https://cloudminr.io/faq/
At cex : 0.107$/GHS/month and the price on the market is 0.0016
We have a no fee policy.
For any changes we will notify everyone through our website and on Bitcointalk forums.
https://cloudminr.io/faq/
At cex : 0.107$/GHS/month and the price on the market is 0.0016
So, they have no fees yet:
1 GHS is expected to mine 0.00008799BTC/week so 1257s/day. 800/GH/day is good. About the same rate at cloudminr.
So, if cloudminr.io has no fees and 1 Gh/s is expected to pay 1257 Satoshis per day and only around 800 Satoshis were paid out, what happened to the other 457 Satoshis?
In this climat, cloudmining can bring you great return if you chose the correct company to invest with.
GHS at 0.0015 and lower will likely ROI if the maintenance costs of the company is low.
GHS at 0.0015 and lower will likely ROI if the maintenance costs of the company is low.
Can you link me to cloudminer.io's maintenance costs?
What fees do you have?
We have a no fee policy.
For any changes we will notify everyone through our website and on Bitcointalk forums.
https://cloudminr.io/faq/
At cex : 0.107$/GHS/month and the price on the market is 0.0016
In this climat, cloudmining can bring you great return if you chose the correct company to invest with.
GHS at 0.0015 and lower will likely ROI if the maintenance costs of the company is low.
GHS at 0.0015 and lower will likely ROI if the maintenance costs of the company is low.
Can you link me to cloudminer.io's maintenance costs?
Correct. Mining runs in cycles, now we see that the dynamics of the difficulty fluctuates so it is safe to say that those people who purchased GH/s a month or two ago will have ROI or it is very likely they will get ROI. 3-4 weeks ago you could buy GH/s for as low as 0.0011BTC. Now they are trading at 0.0013. I am sure that the price will not drop significantly in the next 1-2 weeks as diff is still fluctuating and at the moment is poised to go down. We may see a very small decrease in diff in coming weeks but for the miners it very good! It is better than the flat line isn't it? If in this period of lower difficulty a spike in price of bitcoin occurs costs of hashing power will drop to a few % as it was in November last year. And you can be sure that at some stage it will happen.
In this climat, cloudmining can bring you great return if you chose the correct company to invest with.
GHS at 0.0015 and lower will likely ROI if the maintenance costs of the company is low.
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some people say it is better to buy bitcoin rather than mining it. and others say mining is still profitable.
If you are in Asia where the cost of mining is almost next to nothing, and have the mining hardware, then it is definitely better to go for mining. But at the current price, there are lot of uncertainities, and might not be adviced to start mining at this stage.
Correct. Mining runs in cycles, now we see that the dynamics of the difficulty fluctuates so it is safe to say that those people who purchased GH/s a month or two ago will have ROI or it is very likely they will get ROI. 3-4 weeks ago you could buy GH/s for as low as 0.0011BTC. Now they are trading at 0.0013. I am sure that the price will not drop significantly in the next 1-2 weeks as diff is still fluctuating and at the moment is poised to go down. We may see a very small decrease in diff in coming weeks but for the miners it very good! It is better than the flat line isn't it? If in this period of lower difficulty a spike in price of bitcoin occurs costs of hashing power will drop to a few % as it was in November last year. And you can be sure that at some stage it will happen.
some people say it is better to buy bitcoin rather than mining it. and others say mining is still profitable.
Bitcoin needs mining, but it does not need too much mining. The system converges to the margin of profitability by its design. It favors those with cheap/free hardware/electricity.
some people say it is better to buy bitcoin rather than mining it. and others say mining is still profitable.
If you are in Asia where the cost of mining is almost next to nothing, and have the mining hardware, then it is definitely better to go for mining. But at the current price, there are lot of uncertainities, and might not be adviced to start mining at this stage.
some people say it is better to buy bitcoin rather than mining it. and others say mining is still profitable.
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