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Title: How profitable can this mining setup be ? Post by: DutchDemon on November 15, 2015, 10:11:05 AM Mining solo at ck pool with rented hash power from NiceHash.
Title: Re: How profitable can this mining setup be ? Post by: Xialla on November 15, 2015, 10:14:31 AM without profit. sorry..
or you think, that somebody is selling hashing power, which can generate higher value, than is sell price itself? dude.. Title: Re: How profitable can this mining setup be ? Post by: Lituation on November 15, 2015, 11:38:26 AM That's a big gambling, or should I say big waste of money?
Title: Re: How profitable can this mining setup be ? Post by: talks_cheep on November 16, 2015, 03:07:38 AM You could get lucky and find a block for 25 bitcoins? You can't win if you don't play.
Title: Re: How profitable can this mining setup be ? Post by: Amph on November 16, 2015, 07:24:07 AM you need to quantify the amount of rented hash first, then we can discuss, but unless you're going to rent 1 peta i would leave the dream about solo mining
Title: Re: How profitable can this mining setup be ? Post by: BTCish on November 16, 2015, 08:01:10 AM Is it possible to add p[ower to solo mining setup, by adding up more miners ?
Title: Re: How profitable can this mining setup be ? Post by: RichBC on November 16, 2015, 08:02:34 AM You could rent 10PH for a Week and get no return or 1TH for 24Hrs and mine a block. It's a gamble pure and simple.
Regardless of how much Hash you rent the only thing that is certain is the Money that will cost you. Rich Title: Re: How profitable can this mining setup be ? Post by: Mickeyb on November 16, 2015, 10:25:54 AM Save your bitcoins and go buy a lottery ticket instead! It's pretty much the same gamble, but you will end up with saving more money in your pocket!
Title: Re: How profitable can this mining setup be ? Post by: PCComf on November 16, 2015, 03:59:07 PM We've seen pools with 6 times (or more) the current difficulty before finding a block. In other words, you could spend 150 coins to receive 25. Or you could get 25 coins with a 0.20 investment. It is a simple gamble, not a way to make guaranteed profit by any stretch of the imagination.
So as to how profitable? It can be wildly profitable, but it will most likely be a losing prospect over time due to fees involved. |