Cloud mining 101 question | Bitcointalksearch.org

Phildo

legendary

Activity: 1526

Merit: 1000

Quote from: rabbit1979 on March 16, 2015, 10:08:12 AM

I see now that BFL has begun selling cloud mining contracts. For $10k you get 5000 gh/s of mining capacity for only 12 months. But that'll only earn you roughly $5k in coins over the course of the year on average, probably less. So what gives? Why would anyone be interested in that!?

the same reason they pay 10k for a miner that will generate around 5k in coins, people are bad at math.

Glucose

hero member

Activity: 861

Merit: 1001

Quote from: flyingplows on March 16, 2015, 04:50:16 PM

Quote from: mishax1 on March 16, 2015, 10:46:09 AM

Just another BFL scam, nothing to see..

No one would mine there besides them while genesis mining giving 5000gh/s for $2350 for a "Lifetime" cotract..

There are even better offers than genesis-mining and at least same legit like hashnest or bit-x, and no one should pay BFL for anything, or it will end the same way as before

with pre-orders, ''shipping'' equipment, mining with it for themselves, being investigated for scam, etc Wink

To me GM is the best cloudmining service on the market. I may be wrong but I think the will go a long way..

flyingplows

sr. member

Activity: 518

Merit: 250

Quote from: mishax1 on March 16, 2015, 10:46:09 AM

Just another BFL scam, nothing to see..

No one would mine there besides them while genesis mining giving 5000gh/s for $2350 for a "Lifetime" cotract..

There are even better offers than genesis-mining and at least same legit like hashnest or bit-x, and no one should pay BFL for anything, or it will end the same way as before

with pre-orders, ''shipping'' equipment, mining with it for themselves, being investigated for scam, etc Wink

mishax1

legendary

Activity: 2898

Merit: 1017

Just another BFL scam, nothing to see..

No one would mine there besides them while genesis mining giving 5000gh/s for $2350 for a "Lifetime" cotract..

rabbit1979

newbie

Activity: 5

Merit: 0

I see now that BFL has begun selling cloud mining contracts. For $10k you get 5000 gh/s of mining capacity for only 12 months. But that'll only earn you roughly $5k in coins over the course of the year on average, probably less. So what gives? Why would anyone be interested in that!?

Topic: Cloud mining 101 question (Read 684 times)