So, I'm looking into renting some Ethereum mines on NiceHash. Although, what I want to do is rent 1Gh/s for around $68 according to this. I ran some numbers through the CryptoCompares Ethereum calculator and found that 1 Gh/s will make around $71 every 24 hours, leaving around a $3-4 profit. Now here comes the question, is it possible to just rent 1 Gh/s and have it just take out the price for renting again it every 24 hours? Then just leave the $3-4? Or do I have to do it manually?  Also, is there a possibility that I can just rent that mine without having to "bid" on it. I want to invest on a Ethereum mine but don't want the risk of my bid going to trash and not making any profit at all.

     I guess what I'm trying to say is that is there a way I can rent a Ethereum mine like a subscription? Where it automatically takes out the cost of running it every 24 hours? And, it stays up as long as I want it to? Without running the hardware at my home?

     I want to kind of build this like a real estate, purchase one mine that makes me around a $3-4 profit, then save up that money for another mine, then get $6-8 profit, and so on. That way the more mines I slowly get, the quicker I can get more, therefor increasing my profits.







P.S: I already have a Ethereum wallet and everything like that, sorry for the noob-ish questions just really confused.

     So, I'm looking into renting some Ethereum mines on NiceHash. Although, what I want to do is rent 1Gh/s for around $68 according to this. I ran some numbers through the CryptoCompares Ethereum calculator and found that 1 Gh/s will make around $71 every 24 hours, leaving around a $3-4 profit. Now here comes the question, is it possible to just rent 1 Gh/s and have it just take out the price for renting again it every 24 hours? Then just leave the $3-4? Or do I have to do it manually?  Also, is there a possibility that I can just rent that mine without having to "bid" on it. I want to invest on a Ethereum mine but don't want the risk of my bid going to trash and not making any profit at all.

     I guess what I'm trying to say is that is there a way I can rent a Ethereum mine like a subscription? Where it automatically takes out the cost of running it every 24 hours? And, it stays up as long as I want it to? Without running the hardware at my home?

     I want to kind of build this like a real estate, purchase one mine that makes me around a $3-4 profit, then save up that money for another mine, then get $6-8 profit, and so on. That way the more mines I slowly get, the quicker I can get more, therefor increasing my profits.







P.S: I already have a Ethereum wallet and everything like that, sorry for the noob-ish questions just really confused. I know that the price of Ethereum and other coins do change frequently.