Hashflare increased today price A LOT. Any other alternative?

[oskuro83]

Yesterdays price for 50 TH/s was 7000$, today... it´s 11000$.

Do you know any other good cloud mining website?.
I found also this one --> hashing24 but their contracts are already sold out....

Thanks

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[ShadowBJ21]

They also marked SHA-256 with "limited".

I assume the increase is only temporary (i think they did this before).

Maybe they have to increase their capacity before going back to the regular price ... at least I hope so!

[oskuro83]

They also marked SHA-256 with "limited".

I assume the increase is only temporary (i think they did this before).

Maybe they have to increase their capacity before going back to the regular price ... at least I hope so!

But that´s insane...

I remember, few weeks ago, that they increased price, just 500$ for the same TH/s I wanted to purchase. But yesterday... they increased 3500$ ..... that´s insane, and also considering that Bitcoin price it´s going down...
"Hardware prices are increasing", they said as the "reason" for that price increase..... LOL

[zikabra]

Why do people still use cloud mining sites?
After a year they will terminate contract and you will probably reach ROI only.
Best alternative is - buy yourself mining equipment and start mining, you will reach ROI in couple of months and the rest will be profit.

[oskuro83]

Why do people still use cloud mining sites?
After a year they will terminate contract and you will probably reach ROI only.
Best alternative is - buy yourself mining equipment and start mining, you will reach ROI in couple of months and the rest will be profit.

You reach ROI sooner than 1 year. In 2-3 months (depending of course of how much you invest), you break even

Solo mining has no sense unless you live in a Country with "0" cost for electricity

[Fidemoga]

Alternatives are eobot and genesis.They still seem to be legit, but profits tend to zero at my opinion in shortterm and are low in longterm. If you want passive income, than just save your cryptocurrencies in your wallets and you needn't fear, that those cloudminers will shut down with your money.

[ShadowBJ21]

Why do people still use cloud mining sites?
After a year they will terminate contract and you will probably reach ROI only.
Best alternative is - buy yourself mining equipment and start mining, you will reach ROI in couple of months and the rest will be profit.

You reach ROI sooner than 1 year. In 2-3 months (depending of course of how much you invest), you break even

Solo mining has no sense unless you live in a Country with "0" cost for electricity

Will have to see, as I am not mining with them long enough so far, but even adding maintanance (which isn‘t part of the forecast on the dashboard!) and calculating some decrease due to increasing difficulty, my forecasts all give a 2-3 months ROI like you said. And honestly: as long as it is below 6 months it will make you money and even allow to invest in a next years contract. Of course it‘s not like printing dollar bills anymore. If you expect this ... you will be disappointed.