Top Cloud Miners Compared by Profitability

[kaprosuchus]

Hashnest has released a new offer today, PACMiC v3. They have lowered the prize from 1BTC to 0.666 and increased the "bonus rate" to 0.8.

Should make your list, I think?

That looks like a significant improvement!

[1714251340]

1714251340

[1714251340]

1714251340

[1714251340]

1714251340

[kaprosuchus]

I would like if you add gigahash.org to your list. If needed i can provide you the daily dividends, but they are public also.

They have 3 Types of mining offers:
GHASH1 (Higher fee) [Sold Out]
GHASH2 (Newer miner, higher price)

SHASH1 (Scrypt cloud mining) [Sold Out]

Thanks for the suggestion.  I'll check it out!

[kaprosuchus]

With BTC at $233 - UMISOO and the AntS2's are currently underwater...

[ColderThanIce]

With BTC at $233 - UMISOO and the AntS2's are currently underwater...

Bit-X cloud mining is in a similar situation as well. A user in their thread mentioned that with the current price of bitcoin, Bit-x is taking an 82% fee on cloud mining, so probably a good idea to stay away from there until the price recovers.

[crazyivan]

This is why I ve been telling people for the last 6 months to switch to PoS coins. It s much safer and equality profitable. Staking is the future of mining.

[lissandra]

ever since that cloudminr incident with the "supposedly" we got hacked and never came something like pbmining did without making it seem like a incident.

where do you guys really park some partial mining with cloud? or do you not do it at all.. I mean hasnest is legit but the fees seem too high.

[ColderThanIce]

ever since that cloudminr incident with the "supposedly" we got hacked and never came something like pbmining did without making it seem like a incident.

where do you guys really park some partial mining with cloud? or do you not do it at all.. I mean hasnest is legit but the fees seem too high.

If you're looking to grow your bitcoins, I'd recommend staying away from cloud mining because, like you mentioned, many of them are scams. The ones that aren't scams have high maintenance fees and it isn't worth investing there either, especially with the drop in bitcoin price we've seen in the past couple of days. Look into loaning instead if you want to grow your bitcoin.

[kaprosuchus]

UMISOO and AntS2 have been removed from rankings...

[toni_maroni]

please remove zeushash too, you cant buy VGHSv1 30day,
and zeushash its a scam

[kaprosuchus]

HashNest prices updated and AntS7 profitability added to the list.

[kaprosuchus]

AntS5 Numbers:
(CORRECTED)



https://sites.google.com/site/freebitcoinsforall/

[kaprosuchus]

My AntS5 numbers were miscalculated. I posted the update above.

[kaprosuchus]

I re-examined my StakeMiners calculation and the revised break-even estimate looks like 822 days.  However with the declining value of alt-coins this 822 day estimate seems overly optimistic.

I recently had enough "faith" to invest in the HashNest AntS5s even though the break-even estimate currently shows 183 days which is again a bit overly optimistic I'm afraid.


In the past I've said that bitcoin mining is like investing in magic ice cubes.  You have to make sure your magic ice cubes are producing more magic ice cubes faster than the melt rate.  According to my calculations, you should not re-invest your magic ice cube payouts unless you are making at least 1.7% of your original investment daily.  Now I'm thinking you should not re-invest your payouts unless your daily profit is at least 0.5% greater than your daily GH/s market re-sale value loss which is currently about -2.24% on the AntS5s which would make your target daily payout 2.74% which is a pretty astronomical rate of return.

I posted some numbers related to my S5 profitability near the top of my page (link below).

https://sites.google.com/site/freebitcoinsforall/

[kaprosuchus]

AntS5 Numbers:
(UPDATED)



https://sites.google.com/site/freebitcoinsforall/

[toni_maroni]

please remove zeushash too, you cant buy VGHSv1 30day,
and zeushash is a scam

weekly scam promoter no1:



how much referals do you need to reach zeushash-referal-ranking place 1?

edit: switch from directupload to imgur

[kaprosuchus]

My net payouts are averaging 0.5633255135% (of principal) per day.
So, yes, I am "making money" by that measure.

However, the market value of my S5 is losing 0.988703552% a day.
So, when I combine the market value of my S5 GH/s and my total payouts, if I sold everything today I would lose 8.50756077% of my principal.

Obviously I'm hoping that with enough time, my payouts will outpace my losses. I certainly hope it will be less than my estimated 796 days-to-break-even, but with another large (12.45%) diff increase in the next 2.7 days, I guess only time will tell.

I'm posting these numbers to try and cut through the cloud of hype that masks a realistic understanding of Bitcoin mining's profit potential.

[kaprosuchus]

@toni_maroni

Apparently 1 is enough on a Monday (for the weekly ranking you give as an example).

Did you know your screenshot link includes a pop-up advertisement?

[kaprosuchus]

AntS5 Numbers:
(UPDATED)



https://sites.google.com/site/freebitcoinsforall/

[kaprosuchus]

Note: AntS3 is now underwater after the last difficulty increase and slight BTC/USD dip.

[kaprosuchus]

AntS5 Numbers:
(UPDATED)



https://sites.google.com/site/freebitcoinsforall/