Hashnest Bitmain pacmic v5

[Clonekiller]

Hashnest Bitmain pacmic v5
Is this a good deal win risk award?
Thanks

[mayeshabby]

Hashnest Bitmain pacmic v5
Is this a good deal win risk award?
Thanks

In this site? https://www.hashnest.com/contracts/new

I think it's worthy. I really dont understand the calculation of Pacmic v5 but i think its profitable. Is it easy to find a block? If it is easy i think its really profitable. But it is a shared mining and you don't own/have the mining rig. There is possibilty that it will turn to a scam just like hashocean back then. Invest at your own risk and invest what you can afford to lose. I will keep on reading it until i will understand on how to calculate this pacmic v5.

[Clonekiller]

Yes this is the site.

[lumeire]

I've read reviews and have friends that say Pacmic contracts aren't worth it, but this was way back when the price was off $300 and the difficulty is soaring. Haven't been around much on HashNest after that. But looking at how the current mining environment now is, I'd say it's worth a try.

[mobnepal]

How does the customer make profit?

A: Bonus payouts are calculated using the formula: unpaid principal (BTC) * 0.45 (satoshis per BTC per second) * time to find a block (seconds). Mining revenue will first be used to make bonus payments, the remaining of mining revenue will be payment towards the purchase price.

So basically contract will expire on 120 days and little bit more if initial payment hasn't been recovered, in this way actually hashnet will own your mining device after contract finished and what you will get as bonus payment will be really low return for you and more mining hardware added to hashnet mining rig.

How this can be considered as profitable, somebody in-light me on this. I think like all cloud mining contracts this one is also not profitable.