Topic: COINTERRA Insane Pricing of Cloud Mining (Read 1006 times)
Well it's a relatively free world and they're allowed to do what they will. Unless they are lying and using the word PROFIT anywhere on their page they're allowed to sell their stuff. The more experienced miners can simply call out BS on their prices and offer alternatives.
I couldn't believe my eyes when I saw Cointerra's prices : http://mining.cointerra.com/shop/
2 TH/s Plan : $7,999–$11,999
Thats $4 per GH, equal to 0.0084 BTC.
CEX.io's GH contract is "only" 0.0038 BTC.
Bitmain's Ant S3 sells at 0.0013 BTC per GH, and even this is so expensive that you'll likely never break even (or ROI as so many like to say).
I guess it's not a crime to sell apples at $100 per pound, but to all mining n00b's I say ... you better get another hobby. If you want to get involved with Bitcoin, very good, buy some coins at an exchange and/or spend your efforts on making apps/services related to BTC
2 TH/s Plan : $7,999–$11,999
Thats $4 per GH, equal to 0.0084 BTC.
CEX.io's GH contract is "only" 0.0038 BTC.
Bitmain's Ant S3 sells at 0.0013 BTC per GH, and even this is so expensive that you'll likely never break even (or ROI as so many like to say).
I guess it's not a crime to sell apples at $100 per pound, but to all mining n00b's I say ... you better get another hobby. If you want to get involved with Bitcoin, very good, buy some coins at an exchange and/or spend your efforts on making apps/services related to BTC
Surprisingly, even pricing that high there are still plenty of buyer. I would be willing to sell apples at $100 if there is buyer
I couldn't believe my eyes when I saw Cointerra's prices : http://mining.cointerra.com/shop/
2 TH/s Plan : $7,999–$11,999
Thats $4 per GH, equal to 0.0084 BTC.
CEX.io's GH contract is "only" 0.0038 BTC.
Bitmain's Ant S3 sells at 0.0013 BTC per GH, and even this is so expensive that you'll likely never break even (or ROI as so many like to say).
I guess it's not a crime to sell apples at $100 per pound, but to all mining n00b's I say ... you better get another hobby. If you want to get involved with Bitcoin, very good, buy some coins at an exchange and/or spend your efforts on making apps/services related to BTC
2 TH/s Plan : $7,999–$11,999
Thats $4 per GH, equal to 0.0084 BTC.
CEX.io's GH contract is "only" 0.0038 BTC.
Bitmain's Ant S3 sells at 0.0013 BTC per GH, and even this is so expensive that you'll likely never break even (or ROI as so many like to say).
I guess it's not a crime to sell apples at $100 per pound, but to all mining n00b's I say ... you better get another hobby. If you want to get involved with Bitcoin, very good, buy some coins at an exchange and/or spend your efforts on making apps/services related to BTC
Surprisingly, even pricing that high there are still plenty of buyer. I would be willing to sell apples at $100 if there is buyer
Cointerra always has such prices, but the quality of their services / products don't justify them.
10 TH/s Plan
$39,999–$49,999
acisminer tube 8.4TH
ten times cheaper
Thanks for posting this and pointing out that they are more then 2x that of cex.io.
I couldn't believe my eyes when I saw Cointerra's prices : http://mining.cointerra.com/shop/
2 TH/s Plan : $7,999–$11,999
Thats $4 per GH, equal to 0.0084 BTC.
CEX.io's GH contract is "only" 0.0038 BTC.
Bitmain's Ant S3 sells at 0.0013 BTC per GH, and even this is so expensive that you'll likely never break even (or ROI as so many like to say).
I guess it's not a crime to sell apples at $100 per pound, but to all mining n00b's I say ... you better get another hobby. If you want to get involved with Bitcoin, very good, buy some coins at an exchange and/or spend your efforts on making apps/services related to BTC
2 TH/s Plan : $7,999–$11,999
Thats $4 per GH, equal to 0.0084 BTC.
CEX.io's GH contract is "only" 0.0038 BTC.
Bitmain's Ant S3 sells at 0.0013 BTC per GH, and even this is so expensive that you'll likely never break even (or ROI as so many like to say).
I guess it's not a crime to sell apples at $100 per pound, but to all mining n00b's I say ... you better get another hobby. If you want to get involved with Bitcoin, very good, buy some coins at an exchange and/or spend your efforts on making apps/services related to BTC
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