Bitcoin Forum
May 07, 2024, 07:00:54 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Please explain HashFlare prices  (Read 921 times)
P1R4T3 (OP)
Full Member
***
Offline Offline

Activity: 223
Merit: 100



View Profile
August 17, 2016, 06:24:01 PM
 #1

Hello, i was very interested in cloud mining and i want to invest some money in it.
I know most of the cloud mining is scam, but i can't afford mining gear and i just want to try it just for fun and education Smiley

Here is my question, if i buy 3MH/s of ETHASH for 105$ 1 year contract i will only make 88$ per year?
Here is the price in HashFlare
http://image.prntscr.com/image/12c0cbab7731465983e39d0198e7273d.png

An here is the picture from calculator:
http://image.prntscr.com/image/efda0dabc71243219f5a2052c5059659.png

I used this calculator:
http://www.coinwarz.com/calculators/ethereum-mining-calculator/?h=3.00&p=0.00&pc=0.00&pf=0.00&d=60126274418950&r=5.00000000&er=0.01900001&btcer=594.35090000&hc=0.00

So basically i will only lose money? Then what is the point? Cheesy

Sorry i am new to this.
1715065254
Hero Member
*
Offline Offline

Posts: 1715065254

View Profile Personal Message (Offline)

Ignore
1715065254
Reply with quote  #2

1715065254
Report to moderator
1715065254
Hero Member
*
Offline Offline

Posts: 1715065254

View Profile Personal Message (Offline)

Ignore
1715065254
Reply with quote  #2

1715065254
Report to moderator
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715065254
Hero Member
*
Offline Offline

Posts: 1715065254

View Profile Personal Message (Offline)

Ignore
1715065254
Reply with quote  #2

1715065254
Report to moderator
1715065254
Hero Member
*
Offline Offline

Posts: 1715065254

View Profile Personal Message (Offline)

Ignore
1715065254
Reply with quote  #2

1715065254
Report to moderator
~Bitcoin~
Legendary
*
Offline Offline

Activity: 994
Merit: 1000



View Profile
August 17, 2016, 07:57:09 PM
 #2

There is no guarantee how much you will be earning in a year, may be you will even not get your ROI back by than. Or site may go offline or mining operation got closed because there are many other cloud mining sites that turned out to be a scam. Don't invest anything in cloud mining.

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!