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Author Topic: Do people who rent out Mining hardware earn profit?  (Read 1525 times)
HarmonLi
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August 12, 2014, 02:13:56 PM
 #21

Those people who sell their hash rate make some decent money by doing to I guess. It's a more stable stream of income than trying your luck in the mining game. It's more predictable and businesses tend to prefer that!

Not anymore, selling hash rate price is dropping badly..

Yeah because people actually start to realize that they're losing money by buying hash rate at those companies. Also, the difficutly is, again, rising a a worrying speed. So a single GH/s is worth less every day!

Pony789
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August 12, 2014, 03:38:52 PM
 #22

Thank you for all your quick replies.  Grin

Does anyone have a close estimate of the Break even time?

Unless you have a very cheap electricity, you can hardly break even with those miners now with the rapid increasing difficulty. Sad

Hfleer
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August 12, 2014, 04:42:26 PM
 #23

Thank you for all your quick replies.  Grin

Does anyone have a close estimate of the Break even time?

Unless you have a very cheap electricity, you can hardly break even with those miners now with the rapid increasing difficulty. Sad

Even with free electricity most miners will never yield a positive ROI ever again.

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InwardContour
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August 12, 2014, 04:44:52 PM
 #24

Mining isn't profitable anymore at least for the average user, if you want to profit with mining
you should build a farm investing 200000+$
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