Author

Topic: Is this ebay mining contract worth it? (Read 3258 times)

full member
Activity: 125
Merit: 100
September 06, 2013, 05:35:57 AM
#5
He's probably reselling a Cloudhashing contract -- who start their payouts in September when the KNC rig goes live. After December, 20 GH/s will be a lot less profitable than in these crucial first few months of September-November.

Moreover, Cloudhashing has a revenue reinvestment programme to keep their contracts profitable for clients -- and the seller is not passing this on in his offer.

So no, not a good deal at all.
hero member
Activity: 763
Merit: 500
September 04, 2013, 11:43:14 AM
#4
Not a good deal.

I had to guess some numbers, I didn't find the duration of the "contract", or the Watt per GHash.

Here:

http://mining.thegenesisblock.com/a/9224e4a521

Nice analysis, thanks!
legendary
Activity: 2786
Merit: 1031
September 04, 2013, 11:36:05 AM
#3
Not a good deal.

I had to guess some numbers, I didn't find the duration of the "contract", or the Watt per GHash.

Here:

http://mining.thegenesisblock.com/a/9224e4a521
hero member
Activity: 854
Merit: 500
September 04, 2013, 11:22:20 AM
#2
eBay is a nightmare for dealing with non-physical items. I can't imagine the trouble when you sell something that's not even an item!
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