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Title: calculate the profit with the cost of renting the rig? Post by: tuanvie on June 10, 2014, 09:06:11 PM greetings all,
I want to rent a rig for mining, I want to ask, whether to rent the rig will always lose? and how to calculate the price of the rental cost of the rig with a good coin to us quarry? Title: Re: calculate the profit with the cost of renting the rig? Post by: brian_23452 on June 10, 2014, 11:50:41 PM greetings all, I want to rent a rig for mining, I want to ask, whether to rent the rig will always lose? and how to calculate the price of the rental cost of the rig with a good coin to us quarry? I am not sure what you are asking. Are you asking if renting a rig will lose money? Well yes of course it will, barring some unusual set of circumstances. If I have mining equipment that will mine say, 1BTC per day, I'm not going to rent it to you unless you give me MORE that 1BTC per day right? Title: Re: calculate the profit with the cost of renting the rig? Post by: tuanvie on June 11, 2014, 03:22:41 AM I mean really it, actually why people hire a rig?
I want to rent but do not understand ;D Title: Re: calculate the profit with the cost of renting the rig? Post by: Harley997 on June 11, 2014, 04:30:02 AM greetings all, I want to rent a rig for mining, I want to ask, whether to rent the rig will always lose? and how to calculate the price of the rental cost of the rig with a good coin to us quarry? http://www.bitcoinx.com/profit/ Go to the above site, enter the hashrate and multiply the number of days times the 24 hour earning number then subtract how much you will pay to rent the machine. In my experience mining rentals will charge you much more then your expected profit. If you can PPS mine somewhere then nicehash is a good site to use for mining rentals as they sometimes charge under what PPS pays based on difficulty |