Topic: Cloud mining / contracts - share your experience - page 2. (Read 11262 times)

about hashprofit.. in what strange way do they calculate their hashpower? the price is listed in kh/s and it is VERY high, like 1kh/s=0.46$...
there is something very wrong or i just dont understand smth... can you explain that a little bit

For an starter I suggest you to not put all your eggs on the same basket or you could end on a mess

There are a lot of scams (ponzi schemes) so diversifiying is a good way to reduce your risk

Some sites only allow you to buy with BTC, so if you only have U$D you could buy BTC first and with them buy cloud computing power or if you can't buy BTC restrict your purchases to sites that allow you to buy with U$D


I suggest to put the biggest part on zenhashlets, they could be buyed with U$D at http://www.gawminers.com/

Other part on Genesis Mining https://www.genesis-mining.com If you buy them please use this referral code, will give you a 2,5% discount and some points to me  Code --> ZlkLqa

LTC Gear is also a good option http://ltcgear.com?apage=1201

And hash Profit has also a good ROI (Many people don't like them but until now I have great experience) --> https://hashprofit.com/en/registration/?hp=17300

ye i read it is fast roi, but everything seems out of stock there.. ;]] like all time.. ;]
and the only thing that sometimes is not out of stock costs like 1k$ , so it is a bit too much for a newbie.
btw why their website looks so amateur... but what could i know why is that...
anyway i found some official/unofficial (i dont know) reseller at ipominer hashx for smaller investments in ltcgear but i am not buying anything from them until they integrate it in their website and out of beta. as of now they sell by communicating by email.. thats not good enough

http://ltcgear.com?apage=716

  will give you the fastest ROI.

what cloudmining company would you recommend for a newbie ready to try the waters with a several hundred $

Here are my latest updates about Hashprofit

Hash Profit becomes Golden Partner of St Petesburg Bitcoin Conference

They developed their own Altcoin based on one of the most moderns ASIC resistant protocols (X13) - ProfitCoin which is backed by their mining power (You could buy 1PFC=1K/hs)

If you want more information about  PFC https://hashprofit.com/en/profitcoin/

And here is my weekly production


time   type   amount   comment
14.11.2014 04:00   profit   0.00167088 BTC   Profit for 13.11.2014 with 236 Kh/s
13.11.2014 07:17   payout   -0.02138396 BTC   Payout to address 1L6WsGYYNocipGSeE52pAxCBFRFGCVbsDL f9f9d47b49fe1bc22a4e68cd109f803f71431763deb8a32ed9ade65721cce8b6
13.11.2014 04:00   profit   0.00167324 BTC   Profit for 12.11.2014 with 236 Kh/s
12.11.2014 04:00   profit   0.00169448 BTC   Profit for 11.11.2014 with 236 Kh/s
11.11.2014 04:00   profit   0.00168268 BTC   Profit for 10.11.2014 with 236 Kh/s
10.11.2014 04:00   profit   0.00167088 BTC   Profit for 09.11.2014 with 236 Kh/s
09.11.2014 04:00   profit   0.00165908 BTC   Profit for 08.11.2014 with 236 Kh/s
08.11.2014 04:00   profit   0.00165436 BTC   Profit for 07.11.2014 with 236 Kh/s
07.11.2014 04:00   profit   0.00163548 BTC   Profit for 06.11.2014 with 236 Kh/s


And this is my profit análisis since I've started with them

Average Daily production by KH 0,00000706
Production of the free week   0,00988322
Investment 0,30357000

30   Weeks projected balance   0,30637989
52   Weeks projected balance   0,52381078
104   Weeks projected balance (2 years contract) 1,03773833 341,84%

Conclusion
I took a ROI in 30 weeks
Notably, the production remains relatively stable Kh unlike BTC mining where dificulty jumps makes it fall significantly.
At the end of the contract (2 years counted here as 104 weeks) the projected return is 341.84%

If you want to test and found useful information, please do so using my referral link as a way of thanks.
https://hashprofit.com/en/registration/?hp=17300

I am trying out Cloud Mining Website at the moment. They are offering 0.001 BTC/GHS, probably the lowest in the industry. Will let all of u know how it turns out.

I totally agree LTC is the only company I have managed to ROI with, I am also with GAW and have nearly 500 MHs with them but their vision and direction has now changed to mining Hashpoints to convert to a new coin that is in development via an ICO it's all up in the air now!

LTCgear definetly the best at the moment.

I have been with GAW (290 primes), still have 437Mhash at Zeushash but the best Investment I have ever done is LTCgear by far.

Today I bring you a different kind of information, most useful in my humble opinion, is the cost-benefit analysis and prediction of return on investment (ROI) of Hash Profit.
To do this I calculated the average daily performance of each Kh ignoring the days when I bought more kh as measured in those days did not produce 24 Hs.

Then based on that average I calculated weekly production with 200 Kh, I subtracted the output of the free week and calculated the number of weeks required to reach ROI.

Conclusion [/ b]
I took a ROI in 30 weeks
Notably, the production remains relatively stable Kh unlike BTC mining where dificulty jumps makes it fall significantly.
At the end of the contract (2 years counted here as 104 weeks) the projected return is 341.84%

If you want to test and found useful information, please do so using my referral link as a way of thanks.
https://hashprofit.com/en/registration/?hp=17300


24.10.2014 04:00   0,00160080 BTC   Profit for 23.10.2014 with 232 Kh/s   0,0016008   232   0,00000690
23.10.2014 04:00   0,00164488 BTC   Profit for 22.10.2014 with 232 Kh/s   0,00164488   232   0,00000709
22.10.2014 04:00   0,00163560 BTC   Profit for 21.10.2014 with 232 Kh/s   0,0016356   232   0,00000705
21.10.2014 04:00   0,00162168 BTC   Profit for 20.10.2014 with 232 Kh/s   0,00162168   232   0,00000699
20.10.2014 04:00   0,00164952 BTC   Profit for 19.10.2014 with 232 Kh/s   0,00164952   232   0,00000711
19.10.2014 04:00   0,00164256 BTC   Profit for 18.10.2014 with 232 Kh/s   0,00164256   232   0,00000708
18.10.2014 04:00   0,00162864 BTC   Profit for 17.10.2014 with 232 Kh/s   0,00162864   232   0,00000702
17.10.2014 04:00   0,00174464 BTC   Profit for 16.10.2014 with 232 Kh/s   0,00174464   232   0,00000752
14.10.2014 04:00   0,00163440 BTC   Profit for 13.10.2014 with 227 Kh/s   0,0016344   227   0,00000720
13.10.2014 04:00   0,00164348 BTC   Profit for 12.10.2014 with 227 Kh/s   0,00164348   227   0,00000724
12.10.2014 04:00   0,00162078 BTC   Profit for 11.10.2014 with 227 Kh/s   0,00162078   227   0,00000714
09.10.2014 04:00   0,00155100 BTC   Profit for 08.10.2014 with 220 Kh/s   0,001551   220   0,00000705
08.10.2014 04:00   0,00156860 BTC   Profit for 07.10.2014 with 220 Kh/s   0,0015686   220   0,00000713
07.10.2014 04:00   0,00160864 BTC   Profit for 06.10.2014 with 220 Kh/s   0,00160864   220   0,00000731
06.10.2014 04:00   0,00152460 BTC   Profit for 05.10.2014 with 220 Kh/s   0,0015246   220   0,00000693
05.10.2014 04:00   0,00150700 BTC   Profit for 04.10.2014 with 220 Kh/s   0,001507   220   0,00000685
04.10.2014 04:00   0,00149820 BTC   Profit for 03.10.2014 with 220 Kh/s   0,0014982   220   0,00000681
03.10.2014 04:00   0,00154000 BTC   Profit for 02.10.2014 with 220 Kh/s   0,00154   220   0,00000700
02.10.2014 04:00   0,00148060 BTC   Profit for 01.10.2014 with 220 Kh/s   0,0014806   220   0,00000673
01.10.2014 04:00   0,00155980 BTC   Profit for 30.09.2014 with 220 Kh/s   0,0015598   220   0,00000709
30.09.2014 04:00   0,00154440 BTC   Profit for 29.09.2014 with 220 Kh/s   0,0015444   220   0,00000702
29.09.2014 04:00   0,00156420 BTC   Profit for 28.09.2014 with 220 Kh/s   0,0015642   220   0,00000711
28.09.2014 04:00   0,00154220 BTC   Profit for 27.09.2014 with 220 Kh/s   0,0015422   220   0,00000701
27.09.2014 02:00   0,00160820 BTC   Profit for 26.09.2014 with 220 Kh/s   0,0016082   220   0,00000731
26.09.2014 02:00   0,00153780 BTC   Profit for 25.09.2014 with 220 Kh/s   0,0015378   220   0,00000699
25.09.2014 02:00   0,00147906 BTC   Profit for 24.09.2014 with 220 Kh/s   0,00147906   220   0,00000672
24.09.2014 02:00   0,00158400 BTC   Profit for 23.09.2014 with 220 Kh/s   0,001584   220   0,00000720

Average Daily production by KH    0,00000706
Production of the free week   0,00988322
Investment 0,30357000

30   Weeks projected balance   0,30637989
52   Weeks projected balance   0,52381078
104   Weeks projected balance       1,03773833 341,84%

I think you missed something there.  It's $4.51 per 10 GH/s.  Otherwise... at $4.51 per 1 GH/s would be a terrible rate.


So I can buy the equivalent of an Antminer S1 (180GH/s) for $81.18?

How is this a good deal?

I'd just like to add to this thread with Hashie. We're a new cloud mining service, and we're selling Bitcoin (SHA256) miners from $4.51 per GH. That's some of the lowest rates in the industry.

-Sahra

Here are my last figures with HashProfit

time   type   amount   comment
20.10.2014 04:00   profit   0.00164952 BTC   Profit for 19.10.2014 with 232 Kh/s
19.10.2014 04:00   profit   0.00164256 BTC   Profit for 18.10.2014 with 232 Kh/s
18.10.2014 04:00   profit   0.00162864 BTC   Profit for 17.10.2014 with 232 Kh/s
17.10.2014 04:00   profit   0.00174464 BTC   Profit for 16.10.2014 with 232 Kh/s
16.10.2014 04:00   profit   0.00164010 BTC   Profit for 15.10.2014 with daily average 231 Kh/s
15.10.2014 16:42   reinvest   -0.00152000 BTC   Automated re-investment #50450, 1 Kh/s bought
15.10.2014 04:00   profit   0.00166845 BTC   Profit for 14.10.2014 with daily average 227 Kh/s
14.10.2014 23:24   reinvest   -0.00599000 BTC   Automated re-investment #49473, 4 Kh/s bought
14.10.2014 04:00   profit   0.00163440 BTC   Profit for 13.10.2014 with 227 Kh/s
13.10.2014 04:00   profit   0.00164348 BTC   Profit for 12.10.2014 with 227 Kh/s



As allways, if you found usefull my information and want to test their service, please use my referral link as a way to say thank you.

https://hashprofit.com/en/?hp=17300

That is right. If you chose wisely and purchase contract from any REPUTABLE company you should be fine. Differences between top dogs are maybe not so great but I will stick with zenpool here. Maybe I will test LTC in the future...

There are people who claim bitcoin is a ponzi. Most of them simply don't have anything constructive to say and prefer to write hate posts and FUD.

GAWMiners was for you when Hashlets first went on sale for $16, now, not so much. ZeusHash returns are only about 5% per week. Clear winner is Litecoin GEAR at this time. Every few days some one claims Litecoin GEAR has to be a Ponzi scheme or some sort of scam, if you read this thread at the Litecoin Forum you can see proof that Litecoin GEAR owns substantial mining power.

I am also with GAW and I never had any problems with them. If you want solid mining experience GAW is for you.

I agree the LTCgear has been paying out great.   My major concern being that it seems to be a one man show.   

I just received my 4th payout yesterday from LTCgear I was very hesitant to push the button at first as their website seems really basic and they don't really look very professional or give off the impression of being a big and trustworthy company, anyway I decided to take the risk 4 weeks ago and purchased a 1X6K qASIC Anniversary package, using a "coupon code" which gave me a 49% discount and an extra 8% off when paying by BTC.

I must say that since buying my first package I have not looked back and Chris has answered every support query I have requested with a really quick response time. If you want to learn more about LTCgear I have written a review about them (See the link in my Signature) but with any mining investment, make sure you look into it all properly before jumping in too quickly.

Even known companies can potentially scam you, especially a long time into your cloud contract. I would say it is probably best to only deal with well established cloud mining companies if you do choose to invest. They will have an incentive not to scam as they have an ongoing revenue stream of new sales. You also want to invest in a cloud mining company that is large enough so that their pool is able to show up on most pool monitoring sites (that monitor the percentage of the hashrate of various pools) as this is really the only way to "prove" that a cloud mining compnay actually has the hashpower they claim to.

I would say that any cloud mining company that is operating on a pre-order basis is almost certainly going to be scamming you.