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zero915 (OP)
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Hey
April 10, 2014, 08:03:31 PM
 #1

Hello I wanna get started on mining and sign up for mining contracts does 200/gh for 24 hours sound like a good deal? I'll only be paying 10 dollars
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April 11, 2014, 12:34:25 AM
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Hello I wanna get started on mining and sign up for mining contracts does 200/gh for 24 hours sound like a good deal? I'll only be paying 10 dollars

200GH/s in 24 hours will earn you 0.01643559BTC, or $5.73 at current exchange rate.
Does that sound like a good deal to you?
Also, exchange rate should fall a bit more.
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April 11, 2014, 06:55:48 PM
 #3

Hello I wanna get started on mining and sign up for mining contracts does 200/gh for 24 hours sound like a good deal? I'll only be paying 10 dollars

Nope, not at all.  $10 dollars and you still lose out on roughly $3 dollars.

None of those 24 hour mining contracts are worth it at all.  Better to just buy BTC at the moment.

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April 17, 2014, 12:57:56 AM
 #4

use this calculator when making decisions about mining https://cex.io/calc.  Mining is generally not profitable.  Profit, in mining, is about getting more coins than what you started with; it is not about making more money(fiat) than you started with.  When you understand this, then you understand mining.
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April 21, 2014, 04:21:43 AM
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I see:o thanks guys!
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April 21, 2014, 04:28:36 PM
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Mining > Sometimes at best profitable.
Cloud Mining > JUst finnicky, don't trust it. PBmining seems cheaper than hardware but idk.....

Buy some coins for $10. Thats like a litecoin, those ought to go up with time.

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