At this point I don't think I'll break even (i.e. compared to buying BTC). But I'm waiting for a month of data before I do another projection.
But even though the other miner services are cheaper (there's the "cexio" thing for 0.13 BTC x 12 mo x GH/s) I really like the simplicity of this service. There's also the Butterfly Labs $10.83 per GH/s, but that's for Jan/Feb 2014. I'd buy it too but I don't feel like waiting... just another thing to keep checking back, etc. too much stress then.
Perhaps I will get at least one referral bonus for Byteminr, that would cut my losses a bit...
Here's the next data point since the original post:
16 Oct 18:41 - 0.01924074 BTC
The deposits are random, i.e. they depend on blocks being found, but I have no idea why they vary so much from one day to the next.
-- Obey
Topic: Byteminr hosted BTC hashing - page 2. (Read 1374 times)
I bought their "XL Minr" plan, which is 12 months x 50 GH/s for $1,749 and you can't change anything about the plan. That gives a fixed cost of $34.98 per "Gigahash/second/year", whatever that means :-)
How many GH per $ you got?
I recently (Oct 12th) bought a BTC mining plan at Byteminr, a "hosted hashing" company.
It works like this:
- You pay them with a credit card.
- They fire up a BTC miner for you.
- They connect that miner to the "KnCMiner" pool.
- You start receiving BTC.
Support: Courteous. Works. Responses received within about 12 to 24 hours so far.
Website: Interface provides pretty minimal feedback: you can't really see anything about the mining activity.
Payouts received so far for what is supposed to be a 50 GH/s mining contract that started on Oct 12th 2013 and ends on Oct 12th 2014 (the "XL Minr" immutable plan):
16 Oct 04:13 - 0.05842194 BTC
15 Oct 14:25 - 0.05399137 BTC
15 Oct 12:05 - 0.32 BTC (Compensation for Oct 12th and Oct 13th -- my account had problems for the first two days)
15 Oct 08:44 - 0.03700314 BTC
14 Oct 21:30 - 0.04785393 BTC
14 Oct 13:02 - 0.01916708 BTC
If you're interested, here's a link to the site that, if you buy stuff through this, I may eventually get free hashing power (i.e. referral link): https://www.byteminr.com/register/5258fd15469a8 . The referral option I have is 10 GH/s free for every 100 GH/s referrals buy. I think this is for the first 100 customers or something.
I like the simplicity of the service, the concept, but I'm not sure if it is profitable (perhaps not even break-even), though it seems like the most straight-forward way to buy a random stream of tiny BTC deposits with a credit card. The payment is through Google and it takes just seconds.
If anybody is interested I can paste more of my "mining outcome" here.
-- Obey
It works like this:
- You pay them with a credit card.
- They fire up a BTC miner for you.
- They connect that miner to the "KnCMiner" pool.
- You start receiving BTC.
Support: Courteous. Works. Responses received within about 12 to 24 hours so far.
Website: Interface provides pretty minimal feedback: you can't really see anything about the mining activity.
Payouts received so far for what is supposed to be a 50 GH/s mining contract that started on Oct 12th 2013 and ends on Oct 12th 2014 (the "XL Minr" immutable plan):
16 Oct 04:13 - 0.05842194 BTC
15 Oct 14:25 - 0.05399137 BTC
15 Oct 12:05 - 0.32 BTC (Compensation for Oct 12th and Oct 13th -- my account had problems for the first two days)
15 Oct 08:44 - 0.03700314 BTC
14 Oct 21:30 - 0.04785393 BTC
14 Oct 13:02 - 0.01916708 BTC
If you're interested, here's a link to the site that, if you buy stuff through this, I may eventually get free hashing power (i.e. referral link): https://www.byteminr.com/register/5258fd15469a8 . The referral option I have is 10 GH/s free for every 100 GH/s referrals buy. I think this is for the first 100 customers or something.
I like the simplicity of the service, the concept, but I'm not sure if it is profitable (perhaps not even break-even), though it seems like the most straight-forward way to buy a random stream of tiny BTC deposits with a credit card. The payment is through Google and it takes just seconds.
If anybody is interested I can paste more of my "mining outcome" here.
-- Obey
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