Bitcoin Forum
December 04, 2016, 08:30:49 PM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: When the renting of cloud services will become rentable ?  (Read 1421 times)
ArsenShnurkov
Legendary
*
Offline Offline

Activity: 1386



View Profile
January 11, 2011, 07:26:26 AM
 #1

How much shound the bitcoin cost in dollars, in order to make profitable the process of generation with cloud services ?
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480883449
Hero Member
*
Offline Offline

Posts: 1480883449

View Profile Personal Message (Offline)

Ignore
1480883449
Reply with quote  #2

1480883449
Report to moderator
1480883449
Hero Member
*
Offline Offline

Posts: 1480883449

View Profile Personal Message (Offline)

Ignore
1480883449
Reply with quote  #2

1480883449
Report to moderator
ColdHardMetal
Hero Member
*****
Offline Offline

Activity: 701



View Profile
January 11, 2011, 08:08:13 AM
 #2

How much does it cost for how much cloud service capacity?

Local
Member
**
Offline Offline

Activity: 109



View Profile
January 11, 2011, 08:21:46 AM
 #3

If the $/BTC goes up without difficulty going up then it makes it more profitable to buy/rent computing power in order to mine. But when people do that the difficulty will go up.

My guess is that [value of a coin]/difficulty will decrease over time because people will find the most efficient mining set ups, best chips, cheapest electricity, etc. So if you can't profitably mine right now, you probably never will. But other people will continually have better and cheaper methods so difficulty will continue to rise.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!