Do people who rent out Mining hardware earn profit? - page 2.

enhu

legendary

Activity: 2492

Merit: 1018

If i have to analyze it.

The person who owns the devices would be mining himself if it really is profitable. compare to leasing those devices which limits his earnings.

byt411

hero member

Activity: 798

Merit: 1000

Quote from: Valzador on August 11, 2014, 10:30:38 PM

I've seen a lot of people lending out mining hashes from new mining hardware they've just purchased.

I have a question; Do they actually earn profit? (Not in like 10 years but within a month or so)

Thanks in advance

It's better than mining directly, since the price for renting miners will always be higher than the amount you earn from mining directly.

tinof

full member

Activity: 343

Merit: 100

Rental rate is higher than mining the coin yourselves. But most miners will still lose money due to equipment depreciation and electricity cost.

Valzador

hero member

Activity: 1316

Merit: 503

I've seen a lot of people lending out mining hashes from new mining hardware they've just purchased.

I have a question; Do they actually earn profit? (Not in like 10 years but within a month or so)

Thanks in advance

Topic: Do people who rent out Mining hardware earn profit? - page 2. (Read 1582 times)