Bitcoin Cloud Mining - Is Bitcoin Cloud Mining Profitable ...

Cloud Mining service

Hi, I recently came across a new mining service, which immediately attracted my good conditions, namely:
Cheap electricity (you'll always be in the black)
The ability to mine Bitcoin and Ethereum
Online webcams that show the work is always equipment.
As well as a convenient calculator with which you can calculate your profit.
Sign up at my link to get a bonus of 5% to your GHS!
https://flymining.cloud/?promocode=RJQ9NO
submitted by cajunq to cloudmining [link] [comments]

NuVoo Mining Pricing and Conclusion

NuVoo Mining offers bitcoin and Dash mining packages.
Bitcoin Cloud Mining Plans
Dash Cloud Mining Plans
NuVoo Mining guarantees 99.9% uptime. There are no energy fees or maintenance fees attached to the prices above. All contracts are open ended. Payouts are generated daily, although withdrawal limits are set at 0.0015 BTC. NuVoo Mining also has a profit calculator on their website to give you an idea of how much money you’ll make with each mining plan.
NuVoo Mining is a cloud mining company based in Quebec, Canada. The company emphasizes cheap electrical rates and low cooling costs (not only is Quebec cold for much of the year, but it also has easy access to cheap, renewable electricity).
Right now, NuVoo Mining only appears to offer cloud mining. However, the company has pages reserved for mining hardware, dedicated mining, and colocation mining, so it’s possible that they’re introducing more services in the future.
To learn more about NuVoo Mining, visit online today at Nuvoo.io.
submitted by SwitchKanun to hashflareinfo [link] [comments]

I just bought 20 x 1 GH/S mining contracts from BFL

A 5 GH/S Jalapeno would have cost about $300 just months ago. I'll get 4x as much hashing power for a little more than 2/3rds of the cost. What do you think?
It seems like a neat low-risk pilot project, because I don't have to operate anything myself.
https://products.butterflylabs.com/homepage-new-products/1-gh-cloud-hosted-bitcoin-hashing-power.html
I think there's a good chance that I at least break even. Using the mining calculator here http://www.bitcoinx.com/profit/ even at $750 BTC, and 10B difficulty (10x what it is today), I'd break even over 12 months.
$1250 BTC and 5B difficulty (average), and I'd make $500 USD profit. Obviously these are ballpark estimates with assumptions about whether BFL makes good, BTC price, and hash difficulty.
UPDATE: A lot of comments are about how terrible this idea was. I suppose that means I won't have long to wait in the queue :) I'll be posting back when it goes live, and referencing this thread. We'll see how it goes!
submitted by canad1andev3loper to Bitcoin [link] [comments]

All about hashflare.io bitcoin mining

I have been mining BTC in hashflare for about 13 months. I have already received 50 times my initial investment of small 100$ to 5000$, giving the fact that I did not reinvest and the BTC prices have risen tremendously.
I have again started mining with hash flare and I am quite sure that since the price of BTC is expected to rise to 50k - 100k in 2018, my initial investment of 600$ this time will give me close to 10k-20k$ with the investment strategy I have chosen.
If you like to join BTC mining with a minimal investment and get returns in thousands of $s then you can join via my affiliate link http://bit.ly/2maXzM0 (small commission without effecting your investment) and I will give you my tips to grow your money exponentially.
What is HashFlare?
HashFlare is a department of HashCoins, a company that develops software for cloud mining and maintains equipment in datacenters.
Hashflare provides cloud mining contracts to the buyers for 365 days. The mining starts immediately after the purchase and the output can be seen after 24hrs.
What all cryptocurrencies can I mine with Hashflare service?
HashFlare provides cloud mining on the following algorithms:
SHA-256, which is used to mine Bitcoins;
Scrypt, which is used to mine Litecoins*;
ETHASH, which is used to mine Ethereum;
X11, which is used to mine DASH.
*payouts are provided in BTC using the current exchange rate taken from cryprocurrency market.
MY PERSONAL OPINION - AS PER THE CURRENT MINING TRENDS AND PROFITABILITY, IT IS ADVISABLE TO MINE BTC.
How long does the contract last?
SHA-256 and SCRYPT contracts last 1 year(365 days) and are subject to maintenance and electricity fees (MEF).
ETHASH, EQUIHASH and DASH contracts last for 1 year (365 days) and are not subject to any fees.
How to calculate estimated profit using hashrate?
Profit is calculated via the deduction of expensesfrom income.
The income consists of daily payouts which size depends on the hashrate. In order to calculate an estimated income using the hashrate you will need to include it in one of the calculators below (set all Power values to zero):
1. Bitcoin - for SHA-256
2. Litecoin - for Scrypt
3. Ethereum - for ETHASH (set all Power values to zero)
4. DASH - for X11 (set all Power values to zero)
5. Zcash - for EQUIHASH (set all Power values to zero)
Next, deduct the maintenance + electricity fee of 0.0035 USD per 10 GH/s of SHA-256 and 0.005 USD per 1 MH/s of Scrypt from the income. ETHASH, X11 and EQUIHASH contracts are not subject to any fees.
The sum you end up with is your estimated profit. Join at http://bit.ly/2maXzM0
submitted by letsolioforlife to u/letsolioforlife [link] [comments]

Are these statistics accurate? (The Genesis Block Calculator)

I'm looking into purchasing cloud based bitcoin mining from Phoenix Technologies here but I'm concerned that I may not make a profit on my investment. If I were to purchase 300 gh/s from them, it would cost me $2250. I entered the cost, hash speeds, power, etc. in the Genesis Block Mining Calculator and it seems that with their projected difficulty I won't ever make a profit.
http://i.imgur.com/qov4tF7.png
Does this seem accurate? If so, why mine anymore?
submitted by SoapSuds-bitcoin to BitcoinMining [link] [comments]

Question about current cloud mining prices.

I've been shopping around as I've wanted to get into cloud mining, but the prices that current cloud mining companies sell for seem obviously over priced. As an example, I have found a site selling 1 gh/s for one year at 0.0016 BTC.
So, if I were to buy 2 TH/s for one year, it would cost me 3.2 BTC. However, according to this Bitcoin calculator, even with no maintenance cost or power cost, you wouldn't make a profit within the year unless the same product cost 1.6 BTC or less.
So, my question: Who is buying these contracts? Why is there no website selling such contracts for amounts that make any sort of sense? Am I missing something?
submitted by WilhouseInferno to BitcoinMining [link] [comments]

A quick analysis of buying GHS at CEX.io

Hi guys, I mine Bitcoin and I'm just a small fry in comparison to the majority out there, however I thought I'd offer some small stats which some may find useful.
I have 64GH/s in asics (2 x 32GH/s block eruptors.) I have them pointed at Ghash.io.
When I started a couple of months ago these were earning me roughly 24,000 satoshi per block (0.00024000 BTC) with approximately 60-65 block rewards a day.
13 days ago I began reinvesting all of my block rewards at Ghash into GHS at CEX.io. It took me 13 days to turn the earnings from 64GH/s into 10GH/s of cloud mining power at CEX.
With 74GH/s total I'm now earning between 19500-20000 satoshi per block, which currently buys me 15MH/s of cloud mining power. If my calculations are correct I should manage another 10GH/s in another 10 days.
Despite this, without more historical data from ghash I cannot tell if mining at Ghash is profitable or worthwhile.
Hope that helps somebody. I'll update when I get to 20GH/s.
submitted by samcornwell to Bitcoin [link] [comments]

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Find out what your expected return is depending on your hash rate and electricity cost. Find out if it's profitable to mine Bitcoin, Ethereum, Litecoin, DASH or Monero. Do you think you've got what it takes to join the tough world of cryptocurrency mining? Bitmine Farm, home to ASIC Bitcoin Miners and the official Bitcoin virtual mining farm, start today FREE 500MH/s on sign up! Home; Explore; Invite; LOG IN; SIGN UP; BIT MINE FARM. The world's leading Bitcoin cold-wallet backed, hardware based mining pool. Start your Bitcoin mining journey today. FREE 500 GH/s on first sign up ! REGISTER NOW. LOGIN. Antminer Z9 Mini 2000 GH/s Earnings : 0 ... Start Mining with Free Cloud Mining. Bitcoin free cloud mining or cloud hashing allows miners to buy mining power of hardware in data centers developed by mining companies. You can rent hardware for a fixed period of time. Finding the best bitcoin cloud mining services is not simple. You can invest in our cloud mining platforms like Realmining ... Cloud mining, or signing a contract is a way of mining that allows you to do it without having to buy the gear, or use any electricity yourself. You basically rent out mining power and you let a middleman handle all the mining. You will only need your computer and a wallet. These contracts can have different durations and can make mining so much easier, in case you are a newbie. You can still ... Bitcoin mining is the name given to bitcoin production. It is the name given to the structure that provides financial transfers in a more clear language and enables the production of new bitcoins by approving the structural financial transactions. People who produce Bitcoin are also called miners. This structure, also called BTC Mining, operates with blockchain technology.

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