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Author Topic: Mining Contract Question?  (Read 326 times)
whwebsolutions (OP)
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July 23, 2017, 12:03:39 PM
Last edit: July 23, 2017, 12:30:57 PM by whwebsolutions
 #1

Hello everyone,

I have a question.  I am looking at a few 24 hour mining contracts.  What I was wondering is this, how much would a 2.1 TH/s miner and 4.5 TH/s miner mine in 1 24 hours period?.  It would be connected to the antpool mining pool.  

If anyone could give me an est.,  that would be great Smiley
grermezter
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July 23, 2017, 01:06:02 PM
 #2

Hello everyone,

I have a question.  I am looking at a few 24 hour mining contracts.  What I was wondering is this, how much would a 2.1 TH/s miner and 4.5 TH/s miner mine in 1 24 hours period?.  It would be connected to the antpool mining pool.  

If anyone could give me an est.,  that would be great Smiley
I actually checked it out from the alloscomp website and the figures are not very good at all, the 2.1 TH/s gives you $1.79 a day while the 4.5 TH/s miner gives $3.83 a day, and these calculations does not take into account the cost of electricity. Check out the website and see for yourself.

Emoclaw
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July 23, 2017, 01:08:26 PM
 #3

Hello everyone,

I have a question.  I am looking at a few 24 hour mining contracts.  What I was wondering is this, how much would a 2.1 TH/s miner and 4.5 TH/s miner mine in 1 24 hours period?.  It would be connected to the antpool mining pool.  

If anyone could give me an est.,  that would be great Smiley
Whatever earnings you get, they will NOT cover the initial amount you spent for the contract.
Stay away from ANY kind of mining contract because you will lose money.
Ayers
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July 23, 2017, 01:15:12 PM
 #4

Hello everyone,

I have a question.  I am looking at a few 24 hour mining contracts.  What I was wondering is this, how much would a 2.1 TH/s miner and 4.5 TH/s miner mine in 1 24 hours period?.  It would be connected to the antpool mining pool.  

If anyone could give me an est.,  that would be great Smiley

those speed as way too low man, they are 1/4 of an antminer s9 or 1/3.5, so your earning is below 0.001 in 24 hours, and if you add maintenance cost you will earn even less, don't go with cloud they are a bad investment buy your antminer  s9 instead

talkbitcoin
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July 23, 2017, 01:47:21 PM
 #5

Hello everyone,

I have a question.  I am looking at a few 24 hour mining contracts.  What I was wondering is this, how much would a 2.1 TH/s miner and 4.5 TH/s miner mine in 1 24 hours period?.  It would be connected to the antpool mining pool. 

If anyone could give me an est.,  that would be great Smiley
I actually checked it out from the alloscomp website and the figures are not very good at all, the 2.1 TH/s gives you $1.79 a day while the 4.5 TH/s miner gives $3.83 a day, and these calculations does not take into account the cost of electricity. Check out the website and see for yourself.

it is not just the cost of "electricity" it is a lot of fees that these cloudmining sites take out from your each payment and call it "fees" or "maintenance fees". it is all a plan to pay less to the buyers. and that is why everyone says it is never profitable nor wise to invest in cloudmining even if they are legit.

......
.L I V E C O I N . N E T.
.
..PROFITBOX..
██  █████████████████████████
  █████████▄      ▄██████████
█████████████▄  ▄████████████
    █████████████████████████
  ██████████▀    ▀█ ▀████████
████  █████▀  ▄▄  ▀█  ▀██████
  ████████▀  ▄██▄  ▀█   ▀████
    ██████   ▀██▀   ██   ████
  █████████▄      ▄██████████
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  ███████████████████████████
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  █████████████████████▀ ███
█████████████████████▀   ███
    █████████████▀     ████
  █████████████▀   ██    ████
████  █████▀     ██    ████
  ███████▀   ██    ██    ████
    █████    ██    ██    ████
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██  █████    ██    ██    ████
  ███████████████████████████
.....
Smarty14392
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July 23, 2017, 01:49:44 PM
 #6

You can easily check the profitability at https://www.cryptocompare.com/mining/calculator/btc?HashingPower=10000&HashingUnit=GH%2Fs&PowerConsumption=50&CostPerkWh=0. Here you can calculate any coins profitability. You can also get some rental hashrate to mine for you without investment.
algaidaman
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July 23, 2017, 02:32:21 PM
 #7

The profitability calculators are ok, and mining contracts can be shady.

Money you plan to spend on a mining contract is best just spent directly on coin.

If you do get a contract, use fiat to make the purchase. $X spent on a contract today yielding Y BTC will be worth $Z at a later date, but you will never recover the amount of bitcoin you spend on a contract.

Unacceptable
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July 24, 2017, 06:29:55 AM
 #8

Hello everyone,

I have a question.  I am looking at a few 24 hour mining contracts.  What I was wondering is this, how much would a 2.1 TH/s miner and 4.5 TH/s miner mine in 1 24 hours period?.  It would be connected to the antpool mining pool.  

If anyone could give me an est.,  that would be great Smiley
I actually checked it out from the alloscomp website and the figures are not very good at all, the 2.1 TH/s gives you $1.79 a day while the 4.5 TH/s miner gives $3.83 a day, and these calculations does not take into account the cost of electricity. Check out the website and see for yourself.

Use this as grermezter mentioned & deduct power or "maintenance" fees......

https://alloscomp.com/bitcoin/calculator

No hashrate rental will ever pay you back what you put into it................ever!!!

Unless you get lucky on a new coin & dump when the timing is right.......

"If you run into an asshole in the morning, you ran into an asshole. If you run into assholes all day long, you are the asshole."  -Raylan Givens
Got GOXXED ?? https://www.youtube.com/watch?v=9KiqRpPiJAU&feature=youtu.be
"An ASIC being late is perfectly normal, predictable, and legal..."Hashfast & BFL slogan Smiley
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