Betarigs math

[RoughLyfe]

Hi,If I rent this for 7 days
https://www.betarigs.com/rig/2637
Then how much money will I make?And Lose?
And if i rent this one
https://www.betarigs.com/rig/9545
For 14 days How much money will I make.Lose?

[QuestionAuthority]

You will lose money with both of them because they can charge you more rent than they could just mine themselves. Just buy btc.

[Vod]

Hi,If I rent this for 7 days
https://www.betarigs.com/rig/2637
Then how much money will I make?And Lose?
And if i rent this one
https://www.betarigs.com/rig/9545
For 14 days How much money will I make.Lose?

You will lose money on both.

If there was a way to make money with mining rigs, why would the companies pass it onto you instead of keep you?

Are you in the habit of starting a business just to give coins away?

[dothebeats]

It probably depends on what SHA-256 based coin are you going to mine. If you'll use the rented hash to mine bitcoin alone, surely you will lose money because first and foremost, if mining btc with those rigs are profitable for the owner, he/she wouldn't lease it to others.

[louise123]

It probably depends on what SHA-256 based coin are you going to mine. If you'll use the rented hash to mine bitcoin alone, surely you will lose money because first and foremost, if mining btc with those rigs are profitable for the owner, he/she wouldn't lease it to others.

It doesn't matter which coin. He will still lose money.
If he was to go for an alt-coin then he could just trade and save himself the hassle.

[Kyraishi]

Hi,If I rent this for 7 days
https://www.betarigs.com/rig/2637
Then how much money will I make?And Lose?
And if i rent this one
https://www.betarigs.com/rig/9545
For 14 days How much money will I make.Lose?

You will lose money on both.

If there was a way to make money with mining rigs, why would the companies pass it onto you instead of keep you?

Are you in the habit of starting a business just to give coins away?

^^^ That is so true.
And it does make sense when you think about it.
Why would anyone let you put your finger in their honey jar?
They wouldn't unless they had more to gain.