Topic: What can you say about Cloud Mining? - page 3. (Read 4039 times)
CEX.IO GH is good if you are mining there and want to hedge your electricity between future hardware purchases (I like Bitmain). If not, you can find a cheaper price per GH somewhere else. Personally, I would never buy GH that I couldn't trade or from somewhere with low buy volume. I always like to be in a position to dump my cloud assets.
Another good option is LTCgear (See the review link in my signature) they offer qASIC shares and have a 1 year anniversary discount on at the moment which gets you 48% off the list price plus an extra 8% off if you pay with BTC, I just received my fourth payment from them and I have been really happy so far with the results. You can expect to ROI in about 5 - 6 weeks at the moment, but as with any mining purchase you should really do your homework before making a purchase decision as there will always be an element of risk.
Gawminer also offers cloud hashing (see link in sig) and they may be worth looking at too, in order to make an informed decision.
Good luck.
Good luck.
Hardware is a better option depending on your electricity price and if you have no vat.
If you have to do could I would look into hashnest. But i far prefer having equipment myself.
If you have to do could I would look into hashnest. But i far prefer having equipment myself.
Hello Everyone,
I have heard that CEX is a best platform for cloud mining. Have I heard it right?
I want to earn steady income of $300-$400 per month. How many GHS should I purchase? Currently which cryptocurrency is best from mining point of view. Please share your ideas and experiences.
Thank You
You might have heard it right, but whoever said it was very wrong. There are a ton of threads comparing and contrasting cloud mining services. CEX consistently comes out as the most expensive, least value for your investment.I have heard that CEX is a best platform for cloud mining. Have I heard it right?
I want to earn steady income of $300-$400 per month. How many GHS should I purchase? Currently which cryptocurrency is best from mining point of view. Please share your ideas and experiences.
Thank You
You need to realize that to earn a steady income mining means constantly reinvesting in new hardware (or purchasing more GH/s in cloud mining) to maintain your income level. The two biggest factors involved are changing difficulty in mining the coins and value of BTC to fiat. If you look at historical charts, you can see that the difficulty has been growing at a very fast rate, yet the price of BTC has not moved very much at all.
So, looking at numbers, as of right now BTC is just about $375. This falls into your income range. To mine 1BTC a month means you need to have 2.32TH/s of hashing power. Again, this is based on numbers right now, and absolutely will change. In fact, in about 6.5 days from now, the difficulty will change. During this time, the value of BTC may also change.
I definitely suggest you take a look at some of the cloud mining posts and do some more research into whether or not mining is going to be a worthwhile investment for you.
CEX is not a good option if you want to mine, there are better contracts, but if you like trading it may be worth it. 
Hello Everyone,
I have heard that CEX is a best platform for cloud mining. Have I heard it right?
I want to earn steady income of $300-$400 per month. How many GHS should I purchase? Currently which cryptocurrency is best from mining point of view. Please share your ideas and experiences.
Thank You
I have heard that CEX is a best platform for cloud mining. Have I heard it right?
I want to earn steady income of $300-$400 per month. How many GHS should I purchase? Currently which cryptocurrency is best from mining point of view. Please share your ideas and experiences.
Thank You
You won't get any profit from buying hash in cex.io. Because their hash is overpriced and bitcoin difficulty is increasing too fast...
If you can combine trading with mining rewards like on CEX with their GHS, then that can be profitable. I did an exercise and noted the outcomes in this thread https://bitcointalksearch.org/topic/cloud-mining-trading-at-the-same-time-on-cex-805526
They way I currently view it is the mining rewards are a small part of the overall reward, the buying and selling of GHS providing the main potential profit. It works for me, might not be for everyone. The days of just buying a cloud contract and sitting back watching the BTC roll in to ROI are gone (if they ever were there in the first place).
They way I currently view it is the mining rewards are a small part of the overall reward, the buying and selling of GHS providing the main potential profit. It works for me, might not be for everyone. The days of just buying a cloud contract and sitting back watching the BTC roll in to ROI are gone (if they ever were there in the first place).
Hello Everyone,
I have heard that CEX is a best platform for cloud mining. Have I heard it right?
I want to earn steady income of $300-$400 per month. How many GHS should I purchase? Currently which cryptocurrency is best from mining point of view. Please share your ideas and experiences.
Thank You
I have heard that CEX is a best platform for cloud mining. Have I heard it right?
I want to earn steady income of $300-$400 per month. How many GHS should I purchase? Currently which cryptocurrency is best from mining point of view. Please share your ideas and experiences.
Thank You
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