Bitcoin Forum
April 20, 2024, 03:33:31 AM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: When the renting of cloud services will become rentable ?  (Read 1684 times)
ArsenShnurkov (OP)
Legendary
*
Offline Offline

Activity: 1386
Merit: 1000



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 ?
1713584011
Hero Member
*
Offline Offline

Posts: 1713584011

View Profile Personal Message (Offline)

Ignore
1713584011
Reply with quote  #2

1713584011
Report to moderator
1713584011
Hero Member
*
Offline Offline

Posts: 1713584011

View Profile Personal Message (Offline)

Ignore
1713584011
Reply with quote  #2

1713584011
Report to moderator
1713584011
Hero Member
*
Offline Offline

Posts: 1713584011

View Profile Personal Message (Offline)

Ignore
1713584011
Reply with quote  #2

1713584011
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1713584011
Hero Member
*
Offline Offline

Posts: 1713584011

View Profile Personal Message (Offline)

Ignore
1713584011
Reply with quote  #2

1713584011
Report to moderator
1713584011
Hero Member
*
Offline Offline

Posts: 1713584011

View Profile Personal Message (Offline)

Ignore
1713584011
Reply with quote  #2

1713584011
Report to moderator
ColdHardMetal
Hero Member
*****
Offline Offline

Activity: 700
Merit: 500



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
Merit: 10



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.
finist
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250


View Profile
March 12, 2018, 03:51:34 PM
 #4

How much shound the bitcoin cost in dollars, in order to make profitable the process of generation with cloud services ?
I have little experience in cloud investment on a popular cloud service and I can say that your profit will depends on how much you able to invest. For example, as I understand from my trying, if you invest 100$ your profit will be not a big one and you can get it in a lot of time, after you was buy the cloud service. Now it is about a 6 month to get your money back in cloud service I use now, and about one year to get ±200% profit. So, as you can see, if you will invest 1000$ you also will get your money back in 6 month or so, but right after you get your money back you will be in profit and its amount depends of your amount of investing. Of course there are risks in the form of growing complexity, new mining technologies, various market factors that strongly affect the final result - on net profit. And to take risks or not is the decision of everyone. Based on my experience and advice on this forum, I would not recommend cloud mining as a primary or secondary way to earn money.
Naitik
Member
**
Offline Offline

Activity: 714
Merit: 11


View Profile
January 21, 2020, 04:29:19 PM
 #5

Now it is easy with Ankr Network platform. Now you can become a source of carrier to the cloud services. Ankr is making that easier and more affordable. The real plan is yet to come but this project has a huge potential. A decentralized cloud computing platform which will definitely going to a bright performer in the cloud computing World.

Have a look into the website

https://www.ankr.com/

Do join

https://t.me/ankrnetwork
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!