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Author Topic: Cloud mining of Altcoins, how many khash/s do you get for $100?  (Read 484 times)
Axcellho (OP)
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August 25, 2016, 11:45:42 PM
 #1

I was thinking of spending some $100 renting a powerful online cloud computer to get a large % of coins soon after a coin launches. How many khash/s do you get for $100?

Is it the cheapest way to mine a coin, using a cloud based service? Also... where is a guide to doing this, am I right in thinking Amazon offers this service? Huh Huh
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August 26, 2016, 01:56:59 AM
 #2

look into nicehash.com

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ethereumhunter
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August 26, 2016, 06:59:48 AM
 #3

I was thinking of spending some $100 renting a powerful online cloud computer to get a large % of coins soon after a coin launches. How many khash/s do you get for $100?

Is it the cheapest way to mine a coin, using a cloud based service? Also... where is a guide to doing this, am I right in thinking Amazon offers this service? Huh Huh

what to want to mining? for $100 is same as 0.1734472 BTC, i think you can get at least 0.01 ph in nicehash but i don't familiar with nicehash. i only use miningrigrentals for renting but it was a few months ago. with 0.1734472, i think you will get at least 12.60T but it depends on the list of hardware rented on miningrigrentals.


i don't think you will get lucky on mining with $100 to mining bitcoin. maybe you will get luck if you mining altcoin. but i am not sure with $100 will ge ROI at least in just 1 or 2 day because i have experience with renting on miningrigrentals, first i renting scrypt hardware for just 12-24 hours, then i mining on a pool and what i get its too low than i can imagine. so my suggestion is, better you buy real hardware, then you can start mining in your home. but this will be depend on your electricity fee, if you can handle this, then you are fine and can continue to mining with your hardware.


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Axcellho (OP)
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August 26, 2016, 04:46:04 PM
 #4

Thanks for the replies, that was exactly what I was looking for you guys!  Roll Eyes Grin
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August 26, 2016, 04:49:02 PM
 #5

Do nicehash let you do it for ANY alt coin? I was thinking of making my own - would they let me mine that?

Thanks for the replies by the way, that was exactly what I was looking for!  Roll Eyes Grin

if it has a algo that it is know yes, otherwise they need to add it, but only if the coin get famous, you can try miningrigrental also, it work very good for renting

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