I know OneMiners is offering a $0.0575 per kWh at their Dubai Center which already includes all the associated fees. Plus with Dubai's unique weather condition, they have low humidity and moderate temperatures which makes it an ideal environment for mining.
First you need to look at the contract under which you will be provided with power for rent. At this price, it’s strange that half the world hasn’t moved there yet)
Lol, I'm explaining this to cloud mining enthusiasts too
In my country you have to pay money for installation if the equipment is in the company's data centre, because the company has the cost of owning and maintaining the data centre. You have to share part of the profits, which is still a substitute for taxes :)This is the case in Russia and Kazakhstan.
There is a separate charge for warranty and post-warranty service. And here is just fabulous mining with all-inclusive conditions
Cloud mining. This phrase already sounds like a paradox) I sincerely cannot understand what people who do this hope for)
If it were a profitable investment, I wouldn't tell anyone about it. But since I think the company pays miners money from their own money, then in this case, whoever starts mining first can earn money.
That's why these people hope to find donkeys here, at whose expense they will earn money.
We type “ez money cloud mining” into Google. A link to Binance appears. Only 23.04 USD and 0.0000007 BTC*360 are yours! Through simple manipulations, we get: 0.000252 BTC for 1 year from every 23 USD invested. Oh my God! This is as much as 15 USD at the BTC rate of 60k. For a year. Not taking into account annual dollar inflation. Did I calculate something wrong? Ok, okay. I take the site "Nicehash". 0.01260259 BTC/day for 0.010580 BTC/day. As I understand it, this is the same profit?) Press F to pay respect to cloud mining adherents)
you have a lack of full understanding of nicehash. the rental rate of hash varies. at times you can profit renting hash from them.
you usually do lose money renting from them. but not always.
also you can put in an order that will make a profit which may or may not be taken
for instance right now 0.7120 btc for an eh of btc hash is the lowest bid that is working and viabtc is paying
0.7200 btc for an eh of hash
that would be a profit.
however there is a 3% fee
so you would pay .73336 to get .720
a loss
If you want you could put in a bid at .695 and eh which after fees costs .71585 and nets .720
that is a tiny profit.
if bid is never taken up you get a refund so no loss.
Note this does not mean you should use nicehash. As under priced orders that are honored are very rare.
