thought i would just ask... what kind of return are we to expect from the cloud mining.
It is hard to asses that cause DMD cloud mining depends on DMD price (which ll probably go up once POW rewards gets reduced in about a month), BTC price and mining difficulty.
But I would say ROI of about a year should be something we should expect to get.
The thing that s really nice that you get paid in DMD. Since DMD in your wallet earns 50% a year POS, this significantly shortens your ROI to 6-8 months.
Again, there are so many variable here to exactly asses ROI so pls do your own calculations. Personally, I am into this not only cause of ROI but also cause of sustainability. POS system s much less sensitive to any kind of external variables like difficulty change and get continue to generate income for years, if not decades.
thats the reason why i suggest for any investor see DMD Cloudmining as upgrade
to ur investment plan and not as only investment vehicle
if i would spend another 4 BTC into DMD then i would spend 2 BTC to buy DMD at exchange
and 2 BTC to get DMD cloudmining shares
this is like a upgrade for a DMD wallet from POS to POS² (prove of stake + prove of share)
and give u longterm earnings
u can do this without even log into a exchange
register a true wallet address (from a wallet not from a exchange) at
https://cloudmining.bit.diamonds/now u can send 2 btc to the BTC address that u get linked to ur DMD wallet there
and we convert it automated into DMD and send it to ur DMD wallet
then u go into settings at DMD Cloudmining website and activate convert to shares option
and send the BTC that u want to be converted into DMD Cloudmining shares
we try to provide via https://cloudmining.bit.diamonds/ a one stop service for obtain DMD and DMD Cloudmining shares
sure u can spend time trading on cryptsy urself if u want to manage buy at exchange urself
same as u could buy cloudmining contracts by urself
and split risc over multiple providers and handle the BTC/DMD conversion by urself
only thing that would be missing at the do everything by urself
is the additional payouts that DMD Cloudmining users get from reactor
it all deepends on how much time u have to invest
some people have more time than money
other people have more money than time
its hard to say what is better
but worst case is sure to have no time and no money