Topic: Renting rigs - is it profitable? (Read 1461 times)
In past I rented rigs (actually only hash) on nicehash.com and yes it was profitable with almost every coin because I had big hashrate and got a lot of blocks, but nowadays I don't know. I just stopped mining or renting hash, maybe will try again in future.
It can be more profitable then just mining at a pool. From what I've seen you can get as 30% or more than what you'd get by just mining at a pool. But, you have to factor in all the other things: how much your electricity costs and other operating/maintenance costs there might be.
Is renting mining rigs profitable? I've done some research, and it seems that I can make up to 20% profit if I rent cheap rigs and mine profitable coin.
It obviously depends on the price.
old question!!!
and old answer too...
if someone can mine with profit, will rent you the service at much more price...
here no one does charity!!!!
keep in mind
Is renting mining rigs profitable? I've done some research, and it seems that I can make up to 20% profit if I rent cheap rigs and mine profitable coin.
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