My CEX/Ghash profits are being eaten alive by maintenance fees. Crazy how we pay other people to mine for us and then you actually pay, so that they can mine for themselves.
Anyways... If all I gain is experience, it was money well spend.
Topic: Thinking about doing some Cloud Mining? Read this first - page 2. (Read 4213 times)
Very good article, thx.
My CEX/Ghash profits are being eaten alive by maintenance fees. Crazy how we pay other people to mine for us and then you actually pay, so that they can mine for themselves.
Anyways... If all I gain is experience, it was money well spend.
My CEX/Ghash profits are being eaten alive by maintenance fees. Crazy how we pay other people to mine for us and then you actually pay, so that they can mine for themselves.
Anyways... If all I gain is experience, it was money well spend.
Thanks btckold24. I'm right now writing a new one. That should be even better than the previous two, and it has a calculator.
Great article! Also read the other article about cloud mining, at the bottom of the page there is a link.
cryptost, thanks for the update!
There's a problem with single data points, even if they are averages. I can't infer functions from them. While it is always useful and good to have more data available, what I would need to create a model is preferably a spreadsheet with the following:
* BTC earnings in a (preferably) constant period. A measure every week is what I used for the article in the model.
* The amount of hashing power for that same period.
If you would like to contribute, the best way would be with a spreadsheet with at least three months data. Lesser amounts of time can work too, but the model's accuracy will suffer. The difficulty swings in unexpected ways.
Thanks again for your data!
There's a problem with single data points, even if they are averages. I can't infer functions from them. While it is always useful and good to have more data available, what I would need to create a model is preferably a spreadsheet with the following:
* BTC earnings in a (preferably) constant period. A measure every week is what I used for the article in the model.
* The amount of hashing power for that same period.
If you would like to contribute, the best way would be with a spreadsheet with at least three months data. Lesser amounts of time can work too, but the model's accuracy will suffer. The difficulty swings in unexpected ways.
Thanks again for your data!
You're welcome cryptost, if you've got info on your earnings on both cloud mining providers, I could use them to update this function or create new ones.
LTC gear have just finished multiplication giving me a nice 560 additional shares, they do this every month and a half to keep the system profitable.
ROI target on LTCGear now for me is around a month, GAW I have it as around 3 months though a lot changes over there quick and we are having a big update on Primes this week apparently.
GAW rate at the mo is 0.00060396 Per MH Before rates which are currently 0.08USD Per MH
LTC Gear is 0.02303218 LTC / 7 days / 1 ASIC Share, with the offer in my sig you get 1600 as standard, as I signed up before the multiplier I now have an additional 560 shares.
The standard works out around 36LTC a week with no fees for first year at the moment at a price of $850, if paid in BTC, the coupon gives you 49% off for a short period and then an additional 8% for using BTC.
I will update here on 26th when the next payment arrives.
You're welcome cryptost, if you've got info on your earnings on both cloud mining providers, I could use them to update this function or create new ones.
Great info thanks, I'm currently with GAW and LTCGear, havent tried Genesis yet.
I think the only one that will ROI at the mo is LTCGear as they are doing 57% off, GAW might ROI but it will take a while.
I think the only one that will ROI at the mo is LTCGear as they are doing 57% off, GAW might ROI but it will take a while.
Thanks for the information buddy Much appreciated
Thanks elgimpo!
That was an excellent read
Thanks BitCoinPokerBro! Glad to hear that!
very interesting read
okae, thanks for reading it, yes we're all on the same boat with pb it seems. :\
yes is so bad i know, i really understand your frustation, believe me.... but all we can do is to learn from it and go on...
okae, thanks for reading it, yes we're all on the same boat with pb it seems. :\
thx OmarBessa i read your article and im with pbmining too, i was asking to myselft teh same as you write in this article and i can stress everything from your article.
ty man, i think ppl should know all those things.
ty man, i think ppl should know all those things.
Thanks djnocide!
great article
really interesting
really interesting
Thanks for reading CryptoMad.
Thanks for the information much appreciated.
Thanks, SecureExchange, doing the best I can. ^^
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