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Author Topic: How profitable can this mining setup be ?  (Read 536 times)
DutchDemon
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November 15, 2015, 10:11:05 AM
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Mining solo at ck pool with rented hash power from NiceHash.
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Xialla
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November 15, 2015, 10:14:31 AM
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without profit. sorry..

or you think, that somebody is selling hashing power, which can generate higher value, than is sell price itself? dude..
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November 15, 2015, 11:38:26 AM
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That's a big gambling, or should I say big waste of money?
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November 16, 2015, 03:07:38 AM
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You could get lucky and find a block for 25 bitcoins? You can't win if you don't play.

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November 16, 2015, 07:24:07 AM
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you need to quantify the amount of rented hash first, then we can discuss, but unless you're going to rent 1 peta i would leave the dream about solo mining
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November 16, 2015, 08:01:10 AM
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Is it possible to add p[ower to solo mining setup, by adding up more miners ?

RichBC
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November 16, 2015, 08:02:34 AM
 #7

You could rent 10PH for a Week and get no return or 1TH for 24Hrs and mine a block. It's a gamble pure and simple.

Regardless of how much Hash you rent the only thing that is certain is the Money that will cost you.

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November 16, 2015, 10:25:54 AM
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Save your bitcoins and go buy a lottery ticket instead! It's pretty much the same gamble, but you will end up with saving more money in your pocket!
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November 16, 2015, 03:59:07 PM
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We've seen pools with 6 times (or more) the current difficulty before finding a block. In other words, you could spend 150 coins to receive 25. Or you could get 25 coins with a 0.20 investment. It is a simple gamble, not a way to make guaranteed profit by any stretch of the imagination.

So as to how profitable? It can be wildly profitable, but it will most likely be a losing prospect over time due to fees involved.
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