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Title: And again: Ethereum Cloud Mining @Hashflare.io Post by: JayD007 on March 03, 2016, 08:11:22 PM Hello,
I am thinking about cloud mining ether. Yeah I know, "Cloud mining isn't worth it,...". I've read a lot cloud mining threads, and it seems like the main opinion is, that cloud mining isn't worth it ( at least for customers). I just found out, that hashflare.io offers a 1-year cloud mining. Let's do the math: 5Mh/s cost 0.50709697BTC I use this site to calculate the expected earning: https://etherscan.io/ether-mining-calculator (https://etherscan.io/ether-mining-calculator) I entered 900Gh/s as network hashrate cause I am pretty sure that it wills increase. The result is 0.86BTC per week. Am I missing something? This is too good to be true, right? If you are planning to invest some BTC in cloud mining, please support me by using my ref link: https://hashflare.io/r/2CC764F6 (https://hashflare.io/r/2CC764F6) Kind regards, DDerTyp! Title: Re: And again: Ethereum Cloud Mining @Hashflare.io Post by: Billyboy402 on March 03, 2016, 08:19:55 PM 5Mh/s cost 0.50709697BTC I use this site to calculate the expected earning: https://etherscan.io/ether-mining-calculator (https://etherscan.io/ether-mining-calculator) I entered 900Gh/s as network hashrate cause I am pretty sure that it wills increase. The result is 0.86BTC per week. 5 MH/s: Per week: 9$ or 0.0215 BTC ROI: 0.507 / 0.0215 = 24 weeks roi (6 months :) ) Title: Re: And again: Ethereum Cloud Mining @Hashflare.io Post by: JayD007 on March 03, 2016, 08:33:29 PM 5 MH/s: Per week: 9$ or 0.0215 BTC ROI: 0.507 / 0.0215 = 24 weeks roi (6 months :) ) Uh fml... Mistake found. I am sorry guys, logical thinking.... Anyway, what do you think about cloud mining ether? Title: Re: And again: Ethereum Cloud Mining @Hashflare.io Post by: bitcoinperson on March 26, 2017, 11:22:30 PM I agree with this article: http://howigrowmywealth.com/ethereum-cloud-mining-waste-money/ (http://howigrowmywealth.com/ethereum-cloud-mining-waste-money/). That article states that one is better off just buying ETH outright.
Title: Re: And again: Ethereum Cloud Mining @Hashflare.io Post by: onefinecoin on March 29, 2017, 09:46:03 AM When u do these calculations, you do not calculate the service charges that Hashflair charges you. I have SHA256 ( Bitcoin) mining there and I too did the match for 6 months ROI, but in reality they charge me for electricity and maintenance and my ROI becomes 12 months !! :(
Title: Re: And again: Ethereum Cloud Mining @Hashflare.io Post by: bolenath on March 29, 2017, 11:34:00 AM Yes, for sure much better buying it for cash money, I'm guessing hashrates and difficulty are going up too, so..
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