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Title: Mining Contract Question? Post by: whwebsolutions on July 23, 2017, 12:03:39 PM Hello everyone,
I have a question. I am looking at a few 24 hour mining contracts. What I was wondering is this, how much would a 2.1 TH/s miner and 4.5 TH/s miner mine in 1 24 hours period?. It would be connected to the antpool mining pool. If anyone could give me an est., that would be great :) Title: Re: Mining Contract Question? Post by: grermezter on July 23, 2017, 01:06:02 PM Hello everyone, I actually checked it out from the alloscomp website and the figures are not very good at all, the 2.1 TH/s gives you $1.79 a day while the 4.5 TH/s miner gives $3.83 a day, and these calculations does not take into account the cost of electricity. Check out the website and see for yourself.I have a question. I am looking at a few 24 hour mining contracts. What I was wondering is this, how much would a 2.1 TH/s miner and 4.5 TH/s miner mine in 1 24 hours period?. It would be connected to the antpool mining pool. If anyone could give me an est., that would be great :) Title: Re: Mining Contract Question? Post by: Emoclaw on July 23, 2017, 01:08:26 PM Hello everyone, Whatever earnings you get, they will NOT cover the initial amount you spent for the contract.I have a question. I am looking at a few 24 hour mining contracts. What I was wondering is this, how much would a 2.1 TH/s miner and 4.5 TH/s miner mine in 1 24 hours period?. It would be connected to the antpool mining pool. If anyone could give me an est., that would be great :) Stay away from ANY kind of mining contract because you will lose money. Title: Re: Mining Contract Question? Post by: Ayers on July 23, 2017, 01:15:12 PM Hello everyone, I have a question. I am looking at a few 24 hour mining contracts. What I was wondering is this, how much would a 2.1 TH/s miner and 4.5 TH/s miner mine in 1 24 hours period?. It would be connected to the antpool mining pool. If anyone could give me an est., that would be great :) those speed as way too low man, they are 1/4 of an antminer s9 or 1/3.5, so your earning is below 0.001 in 24 hours, and if you add maintenance cost you will earn even less, don't go with cloud they are a bad investment buy your antminer s9 instead Title: Re: Mining Contract Question? Post by: talkbitcoin on July 23, 2017, 01:47:21 PM Hello everyone, I actually checked it out from the alloscomp website and the figures are not very good at all, the 2.1 TH/s gives you $1.79 a day while the 4.5 TH/s miner gives $3.83 a day, and these calculations does not take into account the cost of electricity. Check out the website and see for yourself.I have a question. I am looking at a few 24 hour mining contracts. What I was wondering is this, how much would a 2.1 TH/s miner and 4.5 TH/s miner mine in 1 24 hours period?. It would be connected to the antpool mining pool. If anyone could give me an est., that would be great :) it is not just the cost of "electricity" it is a lot of fees that these cloudmining sites take out from your each payment and call it "fees" or "maintenance fees". it is all a plan to pay less to the buyers. and that is why everyone says it is never profitable nor wise to invest in cloudmining even if they are legit. Title: Re: Mining Contract Question? Post by: Smarty14392 on July 23, 2017, 01:49:44 PM You can easily check the profitability at https://www.cryptocompare.com/mining/calculator/btc?HashingPower=10000&HashingUnit=GH%2Fs&PowerConsumption=50&CostPerkWh=0. Here you can calculate any coins profitability. You can also get some rental hashrate to mine for you without investment.
Title: Re: Mining Contract Question? Post by: algaidaman on July 23, 2017, 02:32:21 PM The profitability calculators are ok, and mining contracts can be shady.
Money you plan to spend on a mining contract is best just spent directly on coin. If you do get a contract, use fiat to make the purchase. $X spent on a contract today yielding Y BTC will be worth $Z at a later date, but you will never recover the amount of bitcoin you spend on a contract. Title: Re: Mining Contract Question? Post by: Unacceptable on July 24, 2017, 06:29:55 AM Hello everyone, I actually checked it out from the alloscomp website and the figures are not very good at all, the 2.1 TH/s gives you $1.79 a day while the 4.5 TH/s miner gives $3.83 a day, and these calculations does not take into account the cost of electricity. Check out the website and see for yourself.I have a question. I am looking at a few 24 hour mining contracts. What I was wondering is this, how much would a 2.1 TH/s miner and 4.5 TH/s miner mine in 1 24 hours period?. It would be connected to the antpool mining pool. If anyone could give me an est., that would be great :) Use this as grermezter mentioned & deduct power or "maintenance" fees...... https://alloscomp.com/bitcoin/calculator No hashrate rental will ever pay you back what you put into it................ever!!! Unless you get lucky on a new coin & dump when the timing is right....... |