I have both GM(xmr) and HF(dash, btc, eth) just for testing with plans about 50-60$.
HF - daily profit droped from $0.49(May) to $0.30(Sep).
GM has rather complicated UI and you need some time to read FAQ.
You can earn more using markets if you have time to watch all news and signals instead of cloud mining.
Topic: Genesis Mining vs Hashflare Review - Which is better? - page 2. (Read 15155 times)
hashnest seen better than most for profiit but if u can buid a pc make a mining rig try it out with 7 gpus and use rx 580 or gtx 1060's
next you could buy 3 x antminers from bitmain and try it out maybe go for the L3+ or d3 these all pre order
thx
steve
next you could buy 3 x antminers from bitmain and try it out maybe go for the L3+ or d3 these all pre order
thx
steve
From experience, the one that makes Hashnest profitable is that their GHs market is very active. Trading GHs is much more profitable in their vs their mining.
I like to spend fiat on cloud mining, I have been mining XMR and ETH with Genesis for 4 months and have returned my money invested (mostly because the coins have going up over 100%+ in that time 
).. I wouldn't invest my precious bitcoin...
).. I wouldn't invest my precious bitcoin...
I believe in your data analysis which is nothing but calculated maths. The thing is these numbers look very promising and you feel wonder that why I should not invest in it. There lies a very important reason behind this, the legitimacy of cloud miners. Truth is there are only few of the cloud mining sites who are promising the payout. The genesis and hashflare are one of them but I would advise you to put your wealth responsibly on these sites. They are paying "for now" but we are not sure about tomorrow. Cloud mining works on the basis that user invest money and this money used for maintaining the mining rigs on the other side. For this they provide you hashrate also which looks pity as to how they might be maintaining profits. There is ambiguity how they might be catching the break even point after the costs of expenses. Anyway the legit answer for ambiguity is not to invest really.
I am new to cryptocurrency. I talked to a friend who is making $, but now I realize I need to do my own research. I now know how and where to research. I believe I will see a return on my $$$. I have seen a 15% ROI since I began a month ago.
I just purchased the 17.5 THS contract. Within 3 weeks my payout decreased from .005 to .0036. It is a scam. I paid $2,300 and may never see a ROI.
Couldn't you up front do some research before investing a decent sum of money into something that will never result in whatever return? Genesis Mining is a well known ponzi scheme that has been pointed out to be so for many years now. If you invested your money into Bitcoin instead of buying worthless cloud mining contracts, you would be sitting in the profits right now. The only thing you can do now is just trying to recoup as much of your investment as possible -- don't reinvest what you generate, that's a common mistake people make.
Okay, from all that is contributed about cloud mining, is there a profitable cloud mining investment that one can venture into and will give a good ROI. Please contribute. Thanks
Theoretical all of them will do but practically can't say anything. This is because clouds can turn black at anytime if they don't see any profit with their mining. There also rises a question that whether people really do the cloud mining or not by using real hardware back there which makes it difficult to take the right decision about theses sites. If you listen then it's better option to take the foot off from such kind of investments. Better to trade or gamble but no investments into cloud mining.
Won't happen really to be speaking professionally.
Quote
will give a good ROI
I just purchased the 17.5 THS contract. Within 3 weeks my payout decreased from .005 to .0036. It is a scam. I paid $2,300 and may never see a ROI.
Mining works only in hardware not in the clouds buddy. These two sites however has shown amazing potential in the cloud mining industry and they are paying to the customers really. But cloud mining as always listed under the ponzi sites and it's better to stay away from them. They actually have no supporting evidences that they will run for lifetime as your ROI is decided on the investment you are doing. It can take up to five years to get it back then you start earning money from it. So who knows when these websites will stop or turn into junk yard. Better keep it low investment if you still want to go for it.
hashnest seen better than most for profiit but if u can buid a pc make a mining rig try it out with 7 gpus and use rx 580 or gtx 1060's
next you could buy 3 x antminers from bitmain and try it out maybe go for the L3+ or d3 these all pre order
thx
steve
next you could buy 3 x antminers from bitmain and try it out maybe go for the L3+ or d3 these all pre order
thx
steve
Obviously if you invest small you'll never ROI but if you willing to risk $5000+ not for bitcoin cloud mining but for altcoins which are considerably cheap with easy mining in the hopes that they will go up eventually after 1 year or so.
none are better. Both will plans will become unprofitable before they ROI, so in end you will lose money mate.
Genesis cut my power for unnprofitable contract.
Thanks guys for your contribution. I will check out hashnest and post my review.
Okay, from all that is contributed about cloud mining, is there a profitable cloud mining investment that one can venture into and will give a good ROI. Please contribute. Thanks
try hashnest which is a reliable platform of cloud mining.
I think genesis mining/hashflare is same, I don't suggest you follow both, better mining self, I already invested to sha-256 and etherium but until 10 months not have RoI, I regret.
Okay, from all that is contributed about cloud mining, is there a profitable cloud mining investment that one can venture into and will give a good ROI. Please contribute. Thanks
try hashnest which is a reliable platform of cloud mining.
Okay, from all that is contributed about cloud mining, is there a profitable cloud mining investment that one can venture into and will give a good ROI. Please contribute. Thanks
I'm getting a lot of insight here. Please keep your contribution coming in.
No one is the best, because none of them are good. Investing on it you are losing money. If you hold your BTCs, after 1.5 years you will have more profit than after 1.5 years of mineration with this "infinity" contract. Makes no sense to invest on it hoping to earn money as you know you won't be able to recover the same amount of Bitcoins you invested or to take too much time to ahieve it.
As a hobby investment if you have much money it can be acceptable, but as a method to earn money no.
As a hobby investment if you have much money it can be acceptable, but as a method to earn money no.
So your data shows that the payoff time (ROI) is around 1.5 years. This assumes NO increase in global hash rate. It also assumes the current price of BTC remains. If you actually run the data with assumed increases (based on history), you will come up with a ROI payback time of infinity (meaning it won't happen).
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