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Topic: Cloud Mining Website is decreasing cost of hash power - Why? - page 2. (Read 1907 times)

member
Activity: 83
Merit: 17
Actually, your hash DONT MAKE PROFIT for them! so increase PRICE to TAKE PROFIT and GO PONZI! Only thats. Another reason, if their business is reals. BTC priced improve, Block hard improve? Why not HASH dont move?
I dont get your point. How come BTC price improvement raise the cost of hash power? I think, difficulty increase has more to do with hash power cost increase.
hero member
Activity: 658
Merit: 500
Actually, your hash DONT MAKE PROFIT for them! so increase PRICE to TAKE PROFIT and GO PONZI! Only thats. Another reason, if their business is reals. BTC priced improve, Block hard improve? Why not HASH dont move?
AOL
jr. member
Activity: 142
Merit: 4
New players may lower their existing price to attract more customer. But, AFAIK, www.CloudMining.website is paying for over a year now and they are already the cheapest hash power provider for large purchase. They already have their established customer base. Hence, it does not matter to them, even if they increase price.
Are they still the cheapest hash power provider?
The more accurate question would be are these guys still paying in 2016?
Well... Yes. Here is today's payment...

https://blockchain.info/tx/52965829638f1ac69b16670731800967593505e9d35f73fff84d3fc6acd45788
legendary
Activity: 1526
Merit: 1000
Because they are a scam site that is running out of coins so they need to reduce the amount that they need to pay out.
hero member
Activity: 980
Merit: 500
Expect the prices to increase more right after the halving. With that case I don't think cloud mining will be profitable anymore unless you have purchased power already before the price increases.
sr. member
Activity: 812
Merit: 256
hash power has the "implicit" status to be more convenient due the high offer.
I start when 1 gigahash worth more than 20 $ .... nowadays is around 10 cent $ so far...

you have to see in the long period maybe actually is only an adjustment of btc itself
member
Activity: 169
Merit: 10
Global Risk Exchange - gref.io
New players may lower their existing price to attract more customer. But, AFAIK, www.CloudMining.website is paying for over a year now and they are already the cheapest hash power provider for large purchase. They already have their established customer base. Hence, it does not matter to them, even if they increase price.
Are they still the cheapest hash power provider?
The more accurate question would be are these guys still paying in 2016?
member
Activity: 83
Merit: 17
New players may lower their existing price to attract more customer. But, AFAIK, www.CloudMining.website is paying for over a year now and they are already the cheapest hash power provider for large purchase. They already have their established customer base. Hence, it does not matter to them, even if they increase price.
Are they still the cheapest hash power provider?
For purchases worth 10 Ths and above, they still seem to be the cheapest provider. But, from an investor's point of view, what matters most is how much they yield with a certain hash power. Hence, I invest in various cloud mining websites in small amount, take a note of their return for a given hash power, say 10 Ghs and then invest more for better ROI provider.
AOL
jr. member
Activity: 142
Merit: 4
New players may lower their existing price to attract more customer. But, AFAIK, www.CloudMining.website is paying for over a year now and they are already the cheapest hash power provider for large purchase. They already have their established customer base. Hence, it does not matter to them, even if they increase price.
Are they still the cheapest hash power provider?

Don't know why you bumped thread.  Cheapest or not they are not the best.  If your going cloud mining go with hashnest.

It is a true legit service.  Read threads about the mentioned provider, then read about hashnest.  Anyone who does this goes to hashnest.
Thank you for your suggestion. In fact, I'm already with Hashnest. But, it seems like, with rising difficulty and their support & maintenance cost, I'll never make ROI with them. Hence, I'm looking for cheaper alternatives with proven payment history.
legendary
Activity: 1456
Merit: 1000
New players may lower their existing price to attract more customer. But, AFAIK, www.CloudMining.website is paying for over a year now and they are already the cheapest hash power provider for large purchase. They already have their established customer base. Hence, it does not matter to them, even if they increase price.
Are they still the cheapest hash power provider?

Don't know why you bumped thread.  Cheapest or not they are not the best.  If your going cloud mining go with hashnest.

It is a true legit service.  Read threads about the mentioned provider, then read about hashnest.  Anyone who does this goes to hashnest.
AOL
jr. member
Activity: 142
Merit: 4
New players may lower their existing price to attract more customer. But, AFAIK, www.CloudMining.website is paying for over a year now and they are already the cheapest hash power provider for large purchase. They already have their established customer base. Hence, it does not matter to them, even if they increase price.
Are they still the cheapest hash power provider?
member
Activity: 83
Merit: 17
New players may lower their existing price to attract more customer. But, AFAIK, www.CloudMining.website is paying for over a year now and they are already the cheapest hash power provider for large purchase. They already have their established customer base. Hence, it does not matter to them, even if they increase price.
AOL
jr. member
Activity: 142
Merit: 4
10/07/2016 Update: https://twitter.com/cloud_mining_/status/752167168289021952

Quote
Bitcoin mining rate slashed : 10-90Ths @ 0.0001 BTC/Ghs, 1-9Ths @ 0.0002 BTC/Ghs, 100-900Ghs @ 0.0003 BTC/Ghs & 10-90Ghs @ 0.0004 BTC/Ghs.

Now, 10 Ths is available @ 1 BTC !!!

_______________________________________________________________________________ ____________

21/02/2016 Update: https://twitter.com/cloud_mining_/status/701381994438115328

Quote
Rate slashed. New rate: 10-90 Ths @ 0.0007 BTC/Ghs, 1-9 Ths @ 0.0008 BTC/Ghs, 100-900 Ghs @ 0.0009 BTC/Ghs & 10-90 Ghs @ 0.001 BTC/Ghs.

_______________________________________________________________________________ ____________

Source: https://twitter.com/cloud_mining_/status/679619188223307776

Quote
Hash power cost on www.CloudMining.website  will increase from January 1, 2016.

While everyone is trying to offer hash power at a cheaper rate, why are they increasing the price?

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