I have no news and update about those upcoming mining hardware that's upcoming to China. And as the difficulty increases, it will result to price increase that's going to make price of bitcoin higher. We don't have any idea if this is the true bull run that will commence soon because we've been dwelling to this bear market fo so long. It's a very long time since the last bull run we've been but that's it and we need to wait until it's verified and clarified that bull's has been into the town.
Thanks for the reply. But do you prefer to hold the crypto or invest them again to mine more? Well I don't know if it will be more or less. |
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Recently some positive news and frequent promotions from some platforms make me think if the bull market is on the way.
The water period in southwest of China starts from March and believe hundreds thousands of machines will be re-opened to join the mining, meanwhile the mining difficulty will definitely rise sharply.
Besides, many cloud mining platforms are moving these days: bitdeer, hashnest, genesis mining, cryptouniverse, bitdeer is the most active one, giving away gifts, coupons, even starting other crypto mining except bitcoin.
I'm not sure if it's a real bull, but seems we need to decide which is better for us : hold cryptos or put them in mining again. Is it a repeat situation of 2015??
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Hi Hashnest, when s15 will be available?
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see today, its better to be in LTC then mine BTC, perfect reason guys to not support their mining S15, if no L3 (later when LTC is even more price then now) or L4. It can happen that L3 will be profitable, and they will not offer them at hashnest, why they dont shut down hashnest,...i dont get it, will they restart or not...if not then close it....
Nah. There's probably a lot of money on there for people to need to take out. They've closed down all of the marketplaces, this might be a time where you'll just have to accept it and let it go... I'm guessing you hold some ltc, why not see if someone will give you a miner hosting contract or something? LTC,BCH mining plans are online on bitdeer.com, and i'm doing the calculation. |
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Thank you all for the answers! I ask for the rank because I don’t wanna put all crypto in one wallet. I prefer to separate in several wallets. Personally, I think the exchange is not safe to keep our crypto.
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Dears,
With so many bitcoin wallets are promoting themselves nowadays, I wonder if there’s a rank for them? Sometimes it’s difficult to choose what kind of wallet should be used.
If you do know which wallet is better, kindly recommend it. I may present a rank here with your recommendations.
Thank you!
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i was at hashnest, and i still wait they start offering miners, i can wait whole life not a problem,...haha
Such a loyal fan of hashnest! Are you pushing bitdeer to provide same service like hashnest?  |
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The referral program is interesting. I invited someone successfully and they give me btc commission. Just want to keep doing it and don't waste my invitation link: https://www.bitdeer.com/i/MTI5LDEzMywxMzEsMTM0LDEyOCwxMzI= The invitee will get a special discounted plan too by using my invitation link.  |
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its just not worth it, its better buying probably any alt and hold it, this is how it sucks miningg at bitdeer.
You will never rich fast in cloud mining we are just testing it about their offer (they have a cheap plan last month) since Bitdeer is promoted by Bitmain I feel it's worth it to try. Since it's paying I consider it as legit but I don't recommend to stay longer on this cloud mining. Buying altcoin can be a good idea than this but the problem it's hard to know which altcoin can give you a big profit in the future. Let's see for both Beam and Grin coin which is trending nowadays. Buying altcoins can rich fast? |
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Do note if you're going with the free mining plans that Bitdeer's offering right now that you're only able to withdraw 0.01 BTC at a time according to this post I found (click here) in this section a day or two ago, so you won't be able to withdraw your earnings from this free contract unless you put more money into Bitdeer (which I assume is the entire point of this promotion). Yes it's the problem. So btc.com is first option. The minimum withdraw limitation is 0.001btc. |
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Accurate figures:
30 day miner rental + 30 day maintenance fees: 0.03898437
30 day revenue: 0.03993997
Profit is about 0.00095. Its alright I guess...
so that is 2.4% profit ratio |
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I just gave them a suggestion to get their own wallet, then we can leave our balance in the wallet like hashnest.
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Good luck trying to make any money on Bitdeer, it is well known that cloud mining companies rarely offer any profitable plans.
what if getting the discount plan? Maybe a little chance in this bear market. |
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Today they launched some discount activities. 1000 free mining plans Discount flash activity ( i don't know exactly, but it seems for bulk orders) I recommend the free mining plan to my friends to make him understand the investment procedure. |
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Hi guys,
I saw there's a price reduction on Bitdeer official website on 9th series( I think it means S9).
It's the right time to buy?
Btw, free mining plans are on bitdeer.com and I recommend to my friends who is confusing in mining. Hope it's a good teaching. |
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Yes this is the hope.
As an update, I've earnt about 0.03 from my contract with them so far.
You can't withdraw less than 0.01 afaik unless they batch the last one or something so maybe that's a new scammy idea of theirs. We'll make sure they keep 0.008 each contract they buy so they have to buy 5 more to get everything out...
7 days passed, how much have you earned? good result? I bought it just after the announcements. I came to the end of a 30 day contract. They create a pool account specifically, in hindsight, go with btc.com as the pool. I got an average earning of about 0.0015btc/day in revenue. Having paid 0.038 about for a contract, after the 30 days it came to 0.0399 in revenue. I made a 0.008 loss because antpool only allow withdrawals per 0.01 btc. I'm going to try to use my workaround to getting the rest out but I'll see how it goes. well it seems profitable except the min withdrawal problem. Did you check with their support how to resolve this kind of case? Because I think it should be a common case and they should have a solution there. |
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