Mining rigs rental is that profitable? - page 3.

herbst

newbie

Activity: 39

Merit: 0

Quote from: knowhow on September 28, 2015, 05:52:04 PM

Well i were surfing around the web and those site took my attention ,i see an average of 900 satoshis for 1ghs,is that profitable did anyone of you tryed it?is it safe? Looks like there is some users renting them,soo i suppose they get some income from them,and well looks to be safe ,meaning that with the rented rig it can achieve ROI.

Personally i think no, why sell it when you can earn more from it? But if you mean those sites where you rent miners short time i see a lot of potential if you jump on the right coin in the right moment. I did that with Blackcoin on the launch for example (also others, but that was the most profitable one) i would usually see that i mine for like 12-24 hours and then stop, wait a few days (or for the next pump if the coin was active and pushed) and sell.

jmintuck02

full member

Activity: 182

Merit: 100

★Bitvest.io★ Play Plinko or Invest!

Quote from: notlist3d on September 29, 2015, 11:45:05 AM

Quote from: unamis76 on September 29, 2015, 10:02:50 AM

Profitable if you're lucky and have time to constantly check on altcoins... It's a bit like normal mining, there's risk involved, proportional to how much you go in.

But your paying a premium for rentals. Normally it is cheaper to own the gear and mine yourself assuming right conditions.

Since this is in the bitcoin area not sure how much altcoins have to do with OP. That would be scrypt and a copletly different type of mining. It sounded like OP is talking about BTC mining.

And i you are mining BTC with rental you pay premium. Only way you are not is if you are renting to solo mine hoping to get lucky. But your talking about a lot of cost and risk.

Lucky me is owning my gear and can either someday rent some blocks of time to other people just for a few "quickish" mBTC or so. Else I can just go on and mine for myself

for both altcoins and BTC in different shifts.

knowhow

hero member

Activity: 560

Merit: 500

Well it should be all automatic,the thing is to from new miners or people that dont know like me how to set up the details needed the support should be given with images step by spet this way would be better and easy to anyone being able to mine and well lets see the result since some invested to see how it will goes,let us know later the result if you had achieved profit and how much in % it were.

QuintLeo

legendary

Activity: 1498

Merit: 1030

Keep in mind that folks that rent out mining rigs expect to make more off the rental than mining with that rig would net them, or they wouldn't bother renting out the rig.

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: VirosaGITS on October 05, 2015, 03:32:53 PM

Quote from: notlist3d on October 05, 2015, 02:22:38 PM

Quote from: VirosaGITS on October 05, 2015, 02:40:09 AM

snip
Cats are awesome.

I mean, unless you pick a topic or ask a question, i can't really know what would be useful. I need something to work with. I like to learn so if someone ask something i don't know and i'm interested in the topic i'll usually research it and then i'll know the answer.

Relevant to this topic, i can say that i based my comparison with the best prices i found which was Betarigs;
https://www.betarigs.com/

You can still get over 0.01/ths/day. Kano seemed competitive enough to not bother with the hassle of dealing with "Customers". Damn i hate customers.

It's been a LONG time since I used betarigs there was another site back then during scrypt that normally paid better but cant remember it for the life of me.

As long as you give the speed advertised chances are you will not have to deal with customers. Only problem is if they don't set it up proper on pool, then you have to contact them and warn in some cases. In my scrypt day's some set difficulty far to low or high and if not corrected it appeared rig was running bad.

But with SHA it should be more easy with the nice stratum servers most pools have.

Its just that if i want to fix or change my setup a bit, it would cut hashrate for a bit and cause issue. Its a contract so you're somewhat liable. If i'm on Kano and my miner go out for an hour, it usually doesn't even make a difference on my return if i do it during a bad block.

For renting, the other one i know and is fairly old is https://www.miningrigrentals.com/. The one i prefer is nicehash but it has very poor SHA payout lately.

Yes is you are renting if you mess with miner likely you will need to compensate them with some time. You need to do the fix/changes between contracts you can take rig down to do this after contract is over.

miningrigrentals is quite a bit more on pay the nicehash. Nicehash just seems to have been pretty bad for a while I'm suprised anyone is pointed at it. Is there any new sites anyone knows of? Is is MRR still the biggest as far as renting (not including nicehash)

VirosaGITS

legendary

Activity: 1302

Merit: 1068

Quote from: notlist3d on October 05, 2015, 02:22:38 PM

Quote from: VirosaGITS on October 05, 2015, 02:40:09 AM

snip
Cats are awesome.

I mean, unless you pick a topic or ask a question, i can't really know what would be useful. I need something to work with. I like to learn so if someone ask something i don't know and i'm interested in the topic i'll usually research it and then i'll know the answer.

Relevant to this topic, i can say that i based my comparison with the best prices i found which was Betarigs;
https://www.betarigs.com/

You can still get over 0.01/ths/day. Kano seemed competitive enough to not bother with the hassle of dealing with "Customers". Damn i hate customers.

It's been a LONG time since I used betarigs there was another site back then during scrypt that normally paid better but cant remember it for the life of me.

As long as you give the speed advertised chances are you will not have to deal with customers. Only problem is if they don't set it up proper on pool, then you have to contact them and warn in some cases. In my scrypt day's some set difficulty far to low or high and if not corrected it appeared rig was running bad.

But with SHA it should be more easy with the nice stratum servers most pools have.

Its just that if i want to fix or change my setup a bit, it would cut hashrate for a bit and cause issue. Its a contract so you're somewhat liable. If i'm on Kano and my miner go out for an hour, it usually doesn't even make a difference on my return if i do it during a bad block.

For renting, the other one i know and is fairly old is https://www.miningrigrentals.com/. The one i prefer is nicehash but it has very poor SHA payout lately.

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: VirosaGITS on October 05, 2015, 02:40:09 AM

snip
Cats are awesome.

I mean, unless you pick a topic or ask a question, i can't really know what would be useful. I need something to work with. I like to learn so if someone ask something i don't know and i'm interested in the topic i'll usually research it and then i'll know the answer.

Relevant to this topic, i can say that i based my comparison with the best prices i found which was Betarigs;
https://www.betarigs.com/

You can still get over 0.01/ths/day. Kano seemed competitive enough to not bother with the hassle of dealing with "Customers". Damn i hate customers.

It's been a LONG time since I used betarigs there was another site back then during scrypt that normally paid better but cant remember it for the life of me.

As long as you give the speed advertised chances are you will not have to deal with customers. Only problem is if they don't set it up proper on pool, then you have to contact them and warn in some cases. In my scrypt day's some set difficulty far to low or high and if not corrected it appeared rig was running bad.

But with SHA it should be more easy with the nice stratum servers most pools have.

VirosaGITS

legendary

Activity: 1302

Merit: 1068

Quote from: Coinminer11 on October 05, 2015, 02:33:08 AM

Quote from: VirosaGITS on October 05, 2015, 02:16:37 AM

Quote from: Coinminer11 on October 05, 2015, 02:03:59 AM

Quote from: VirosaGITS on October 05, 2015, 01:58:40 AM

Quote from: Coinminer11 on October 05, 2015, 01:54:23 AM

Quote from: notlist3d on October 02, 2015, 08:04:10 PM

Quote from: knowhow on October 02, 2015, 05:11:25 PM

I had just left it since i dont understand all things i must do ,i made worker and a pool but the message from last rent they say is sucessfull i dont have a peny at my stratum pool soo i lost 20k satoshis on in ,and the first loan around 400k satoshis soo its enought for me to stay away from it.I had asked myself why to rent something you can use to mine and profit by yourself,i guess they earn more renting then mining but well without a roi the program wouldnt work,soo some of them are getting profit .

The owners of the rigs are the one's that get the profit mainly. Most renters are either solo miners or alt miners. Alt miners are a little harder to predict ROI as they very so much. Some who mine an altcoin at right time and sell later on might make bank. But others can loose money.

Places like most rentals are higher then what the rig would bring mining BTC so there is that premium. But I am suprised quite a lot nicehash/westhash is under BTC price. But add fee's and pool fees almost always you are going to lose money if mining BTC and paying in BTC.

And this is why I decided renting my miners was more lucrative tan mining btc directly at any pool. There are exceptions to this bit I don't have the time myself to mine the most profitable coin right now all the time because it changes more often than what my schedule will allow me to follow. As many before have pointed out, more times than none renting miners/hasrate is less efficient than buying/trading for the coin you want to mine.

Well Kano has been good so i didn't even get tempted to rent;

30 Day Average
0.00957791
0.00980846
0.00980846

Even with the current slump, its still more than the 0.0090 i saw i could get on mining rig rentals and nicehash has been paying very pool for Sha256 lately.

It sound kind of a hassle to have to deal with people with rental contacts too.

How many ths is that payout for 1?

30 days average is per TH/s/day.
http://ckpoolmonitor.zachmonroe.com/index.php

Heres the raw;
Date   Total Payout   Average Hashrate TH/s   Average BTC/TH/s/Day   3 Day Average   5 Day Average   7 Day Average   30 Day Average
2015-10-05   -   2,167   0   0.00313703   0.00576563   0.00563194   0.00957791
2015-10-04   24.79463485   2,464   0.00941110   0.00313703   0.00788472   0.00563194   0.00957791
2015-10-03   -   2,714   0   0.00647235   0.00600250   0.00607684   0.00980846
2015-10-02   -   2,557   0   0.01000416   0.00600250   0.01111134   0.00980846
2015-10-01   50.07366488   2,643   0.01941705   0.01000416   0.00850758   0.01111134   0.01141845

We had a 70% luck last 7 days and we're still at 0.009577/ths/day.

Oh wow. Thank you for providing quality info! I did not know about this pool until right now.... you learn something new everyday! Do you have any more free useful knowledge to share? ( seriously in not being sarcastic) I honestly enjoy learning everything I can

Cats are awesome.

I mean, unless you pick a topic or ask a question, i can't really know what would be useful. I need something to work with. I like to learn so if someone ask something i don't know and i'm interested in the topic i'll usually research it and then i'll know the answer.

Relevant to this topic, i can say that i based my comparison with the best prices i found which was Betarigs;
https://www.betarigs.com/

You can still get over 0.01/ths/day. Kano seemed competitive enough to not bother with the hassle of dealing with "Customers". Damn i hate customers.

Coinminer11

member

Activity: 104

Merit: 10

Never risk more than what you're willing to lose

Quote from: VirosaGITS on October 05, 2015, 02:16:37 AM

Quote from: Coinminer11 on October 05, 2015, 02:03:59 AM

Quote from: VirosaGITS on October 05, 2015, 01:58:40 AM

Quote from: Coinminer11 on October 05, 2015, 01:54:23 AM

Quote from: notlist3d on October 02, 2015, 08:04:10 PM

Quote from: knowhow on October 02, 2015, 05:11:25 PM

I had just left it since i dont understand all things i must do ,i made worker and a pool but the message from last rent they say is sucessfull i dont have a peny at my stratum pool soo i lost 20k satoshis on in ,and the first loan around 400k satoshis soo its enought for me to stay away from it.I had asked myself why to rent something you can use to mine and profit by yourself,i guess they earn more renting then mining but well without a roi the program wouldnt work,soo some of them are getting profit .

The owners of the rigs are the one's that get the profit mainly. Most renters are either solo miners or alt miners. Alt miners are a little harder to predict ROI as they very so much. Some who mine an altcoin at right time and sell later on might make bank. But others can loose money.

Places like most rentals are higher then what the rig would bring mining BTC so there is that premium. But I am suprised quite a lot nicehash/westhash is under BTC price. But add fee's and pool fees almost always you are going to lose money if mining BTC and paying in BTC.

And this is why I decided renting my miners was more lucrative tan mining btc directly at any pool. There are exceptions to this bit I don't have the time myself to mine the most profitable coin right now all the time because it changes more often than what my schedule will allow me to follow. As many before have pointed out, more times than none renting miners/hasrate is less efficient than buying/trading for the coin you want to mine.

Well Kano has been good so i didn't even get tempted to rent;

30 Day Average
0.00957791
0.00980846
0.00980846

Even with the current slump, its still more than the 0.0090 i saw i could get on mining rig rentals and nicehash has been paying very pool for Sha256 lately.

It sound kind of a hassle to have to deal with people with rental contacts too.

How many ths is that payout for 1?

30 days average is per TH/s/day.
http://ckpoolmonitor.zachmonroe.com/index.php

Heres the raw;
Date   Total Payout   Average Hashrate TH/s   Average BTC/TH/s/Day   3 Day Average   5 Day Average   7 Day Average   30 Day Average
2015-10-05   -   2,167   0   0.00313703   0.00576563   0.00563194   0.00957791
2015-10-04   24.79463485   2,464   0.00941110   0.00313703   0.00788472   0.00563194   0.00957791
2015-10-03   -   2,714   0   0.00647235   0.00600250   0.00607684   0.00980846
2015-10-02   -   2,557   0   0.01000416   0.00600250   0.01111134   0.00980846
2015-10-01   50.07366488   2,643   0.01941705   0.01000416   0.00850758   0.01111134   0.01141845

We had a 70% luck last 7 days and we're still at 0.009577/ths/day.

Oh wow. Thank you for providing quality info! I did not know about this pool until right now.... you learn something new everyday! Do you have any more free useful knowledge to share? ( seriously in not being sarcastic) I honestly enjoy learning everything I can

VirosaGITS

legendary

Activity: 1302

Merit: 1068

Quote from: Coinminer11 on October 05, 2015, 02:03:59 AM

Quote from: VirosaGITS on October 05, 2015, 01:58:40 AM

Quote from: Coinminer11 on October 05, 2015, 01:54:23 AM

Quote from: notlist3d on October 02, 2015, 08:04:10 PM

Quote from: knowhow on October 02, 2015, 05:11:25 PM

I had just left it since i dont understand all things i must do ,i made worker and a pool but the message from last rent they say is sucessfull i dont have a peny at my stratum pool soo i lost 20k satoshis on in ,and the first loan around 400k satoshis soo its enought for me to stay away from it.I had asked myself why to rent something you can use to mine and profit by yourself,i guess they earn more renting then mining but well without a roi the program wouldnt work,soo some of them are getting profit .

The owners of the rigs are the one's that get the profit mainly. Most renters are either solo miners or alt miners. Alt miners are a little harder to predict ROI as they very so much. Some who mine an altcoin at right time and sell later on might make bank. But others can loose money.

Places like most rentals are higher then what the rig would bring mining BTC so there is that premium. But I am suprised quite a lot nicehash/westhash is under BTC price. But add fee's and pool fees almost always you are going to lose money if mining BTC and paying in BTC.

And this is why I decided renting my miners was more lucrative tan mining btc directly at any pool. There are exceptions to this bit I don't have the time myself to mine the most profitable coin right now all the time because it changes more often than what my schedule will allow me to follow. As many before have pointed out, more times than none renting miners/hasrate is less efficient than buying/trading for the coin you want to mine.

Well Kano has been good so i didn't even get tempted to rent;

30 Day Average
0.00957791
0.00980846
0.00980846

Even with the current slump, its still more than the 0.0090 i saw i could get on mining rig rentals and nicehash has been paying very pool for Sha256 lately.

It sound kind of a hassle to have to deal with people with rental contacts too.

How many ths is that payout for 1?

30 days average is per TH/s/day.
http://ckpoolmonitor.zachmonroe.com/index.php

Heres the raw;
Date   Total Payout   Average Hashrate TH/s   Average BTC/TH/s/Day   3 Day Average   5 Day Average   7 Day Average   30 Day Average
2015-10-05   -   2,167   0   0.00313703   0.00576563   0.00563194   0.00957791
2015-10-04   24.79463485   2,464   0.00941110   0.00313703   0.00788472   0.00563194   0.00957791
2015-10-03   -   2,714   0   0.00647235   0.00600250   0.00607684   0.00980846
2015-10-02   -   2,557   0   0.01000416   0.00600250   0.01111134   0.00980846
2015-10-01   50.07366488   2,643   0.01941705   0.01000416   0.00850758   0.01111134   0.01141845

We had a 70% luck last 7 days and we're still at 0.009577/ths/day.

Coinminer11

member

Activity: 104

Merit: 10

Never risk more than what you're willing to lose

Quote from: VirosaGITS on October 05, 2015, 01:58:40 AM

Quote from: Coinminer11 on October 05, 2015, 01:54:23 AM

Quote from: notlist3d on October 02, 2015, 08:04:10 PM

Quote from: knowhow on October 02, 2015, 05:11:25 PM

I had just left it since i dont understand all things i must do ,i made worker and a pool but the message from last rent they say is sucessfull i dont have a peny at my stratum pool soo i lost 20k satoshis on in ,and the first loan around 400k satoshis soo its enought for me to stay away from it.I had asked myself why to rent something you can use to mine and profit by yourself,i guess they earn more renting then mining but well without a roi the program wouldnt work,soo some of them are getting profit .

The owners of the rigs are the one's that get the profit mainly. Most renters are either solo miners or alt miners. Alt miners are a little harder to predict ROI as they very so much. Some who mine an altcoin at right time and sell later on might make bank. But others can loose money.

Places like most rentals are higher then what the rig would bring mining BTC so there is that premium. But I am suprised quite a lot nicehash/westhash is under BTC price. But add fee's and pool fees almost always you are going to lose money if mining BTC and paying in BTC.

And this is why I decided renting my miners was more lucrative tan mining btc directly at any pool. There are exceptions to this bit I don't have the time myself to mine the most profitable coin right now all the time because it changes more often than what my schedule will allow me to follow. As many before have pointed out, more times than none renting miners/hasrate is less efficient than buying/trading for the coin you want to mine.

Well Kano has been good so i didn't even get tempted to rent;

30 Day Average
0.00957791
0.00980846
0.00980846

Even with the current slump, its still more than the 0.0090 i saw i could get on mining rig rentals and nicehash has been paying very pool for Sha256 lately.

It sound kind of a hassle to have to deal with people with rental contacts too.

How many ths is that payout for 1?

VirosaGITS

legendary

Activity: 1302

Merit: 1068

Quote from: Coinminer11 on October 05, 2015, 01:54:23 AM

Quote from: notlist3d on October 02, 2015, 08:04:10 PM

Quote from: knowhow on October 02, 2015, 05:11:25 PM

I had just left it since i dont understand all things i must do ,i made worker and a pool but the message from last rent they say is sucessfull i dont have a peny at my stratum pool soo i lost 20k satoshis on in ,and the first loan around 400k satoshis soo its enought for me to stay away from it.I had asked myself why to rent something you can use to mine and profit by yourself,i guess they earn more renting then mining but well without a roi the program wouldnt work,soo some of them are getting profit .

The owners of the rigs are the one's that get the profit mainly. Most renters are either solo miners or alt miners. Alt miners are a little harder to predict ROI as they very so much. Some who mine an altcoin at right time and sell later on might make bank. But others can loose money.

Places like most rentals are higher then what the rig would bring mining BTC so there is that premium. But I am suprised quite a lot nicehash/westhash is under BTC price. But add fee's and pool fees almost always you are going to lose money if mining BTC and paying in BTC.

And this is why I decided renting my miners was more lucrative tan mining btc directly at any pool. There are exceptions to this bit I don't have the time myself to mine the most profitable coin right now all the time because it changes more often than what my schedule will allow me to follow. As many before have pointed out, more times than none renting miners/hasrate is less efficient than buying/trading for the coin you want to mine.

Well Kano has been good so i didn't even get tempted to rent;

30 Day Average
0.00957791
0.00980846
0.00980846

Even with the current slump, its still more than the 0.0090 i saw i could get on mining rig rentals and nicehash has been paying very pool for Sha256 lately.

It sound kind of a hassle to have to deal with people with rental contacts too.

Coinminer11

member

Activity: 104

Merit: 10

Never risk more than what you're willing to lose

Quote from: notlist3d on October 02, 2015, 08:04:10 PM

Quote from: knowhow on October 02, 2015, 05:11:25 PM

I had just left it since i dont understand all things i must do ,i made worker and a pool but the message from last rent they say is sucessfull i dont have a peny at my stratum pool soo i lost 20k satoshis on in ,and the first loan around 400k satoshis soo its enought for me to stay away from it.I had asked myself why to rent something you can use to mine and profit by yourself,i guess they earn more renting then mining but well without a roi the program wouldnt work,soo some of them are getting profit .

The owners of the rigs are the one's that get the profit mainly. Most renters are either solo miners or alt miners. Alt miners are a little harder to predict ROI as they very so much. Some who mine an altcoin at right time and sell later on might make bank. But others can loose money.

Places like most rentals are higher then what the rig would bring mining BTC so there is that premium. But I am suprised quite a lot nicehash/westhash is under BTC price. But add fee's and pool fees almost always you are going to lose money if mining BTC and paying in BTC.

And this is why I decided renting my miners was more lucrative tan mining btc directly at any pool. There are exceptions to this bit I don't have the time myself to mine the most profitable coin right now all the time because it changes more often than what my schedule will allow me to follow. As many before have pointed out, more times than none renting miners/hasrate is less efficient than buying/trading for the coin you want to mine.

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: knowhow on October 02, 2015, 05:11:25 PM

I had just left it since i dont understand all things i must do ,i made worker and a pool but the message from last rent they say is sucessfull i dont have a peny at my stratum pool soo i lost 20k satoshis on in ,and the first loan around 400k satoshis soo its enought for me to stay away from it.I had asked myself why to rent something you can use to mine and profit by yourself,i guess they earn more renting then mining but well without a roi the program wouldnt work,soo some of them are getting profit .

The owners of the rigs are the one's that get the profit mainly. Most renters are either solo miners or alt miners. Alt miners are a little harder to predict ROI as they very so much. Some who mine an altcoin at right time and sell later on might make bank. But others can loose money.

Places like most rentals are higher then what the rig would bring mining BTC so there is that premium. But I am suprised quite a lot nicehash/westhash is under BTC price. But add fee's and pool fees almost always you are going to lose money if mining BTC and paying in BTC.

knowhow

hero member

Activity: 560

Merit: 500

I had just left it since i dont understand all things i must do ,i made worker and a pool but the message from last rent they say is sucessfull i dont have a peny at my stratum pool soo i lost 20k satoshis on in ,and the first loan around 400k satoshis soo its enought for me to stay away from it.I had asked myself why to rent something you can use to mine and profit by yourself,i guess they earn more renting then mining but well without a roi the program wouldnt work,soo some of them are getting profit .

VirosaGITS

legendary

Activity: 1302

Merit: 1068

Quote from: notlist3d on October 02, 2015, 04:27:14 PM

Quote from: nonbody on October 02, 2015, 02:23:49 PM

if you could rent a large portion of the hashrate like 3ph of SHA then you could push up the interest in the coin as well as pump up the price

Are you talking about BTC? Even if you rented 3PH on BTC it would not really pump up the price or effect it. You would just be gambling assuming your solo mining.

On alt coins if you mean that on SHA. There are not really many good ones. Your chances of pump/dump are not as good as you think.

If you do that on a small coin, by itself people might just decide to dump because of how much hashrate is suddenly being pumped in. And in the end you'll just be left with coins worth less than what you paid for.

If you want to do this, just slowly buy the coins directly. Going through a convoluted hoop of renting the hashrate too just further lower your return.

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: nonbody on October 02, 2015, 02:23:49 PM

if you could rent a large portion of the hashrate like 3ph of SHA then you could push up the interest in the coin as well as pump up the price

Are you talking about BTC? Even if you rented 3PH on BTC it would not really pump up the price or effect it. You would just be gambling assuming your solo mining.

On alt coins if you mean that on SHA. There are not really many good ones. Your chances of pump/dump are not as good as you think.

nonbody

hero member

Activity: 826

Merit: 501

2local[IEO] - https://2local.io/

if you could rent a large portion of the hashrate like 3ph of SHA then you could push up the interest in the coin as well as pump up the price

VirosaGITS

legendary

Activity: 1302

Merit: 1068

Quote from: notlist3d on October 01, 2015, 12:29:02 PM

Quote from: djeZo on October 01, 2015, 08:07:14 AM

The only renting place where you can actually make profit is NiceHash. All other rental sites charge premium for renting, so you need to pay more than what you get back.

Even on it is still hard. Normally the price of hash is a few percent below at most (sometimes can go farther I saw 8 the other day I think). But if you do PPS were your guaranteed even at antpool i think it's 2.5 percent.

So you can go to a pool and have it based on blocks found and it's a gamble essentially. Over time though renting hash with btc to mine btc is a losing bet.

Also last i heard, NiceHash charge 2% fee to buyer AND 2% to seller. Just a thing to double check before you try something there. Sometimes the Sha256d % goes 4-5% under strait BTC, like right now, but it's subject to up and down unless you used a fixed order, which is designed to be too high for this to be doable with it.

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: djeZo on October 01, 2015, 08:07:14 AM

The only renting place where you can actually make profit is NiceHash. All other rental sites charge premium for renting, so you need to pay more than what you get back.

Even on it is still hard. Normally the price of hash is a few percent below at most (sometimes can go farther I saw 8 the other day I think). But if you do PPS were your guaranteed even at antpool i think it's 2.5 percent.

So you can go to a pool and have it based on blocks found and it's a gamble essentially. Over time though renting hash with btc to mine btc is a losing bet.

Topic: Mining rigs rental is that profitable? - page 3. (Read 44228 times)