They were getting crazy 10gh trials to people traffic, I just want a company give honest rates so at least both can make a profit. Thats how it should be, not selling miners and hosting just for yourself. I will def buy 2th soon to try out if Lumine is legit
Why? Why should it be that way? If hypothetically, I establish a company and invest a substantial amount of capital, such that I have a substantial hashrate, why the heck would I cut you (who has done nothing at all) in on the profit? That is essentially what you are expecting a company to do.
We all know that a given hashrate, say, 1Th/s, will generate a certain amount of revenue in a given timeframe. We know it will be a specific amount, even if we don't in advance what that exact amount will be. If I sell\rent you that 1Th/s for more than the expected rate of return, you obviously can't and won't profit. If I sell\rent you that hashrate for less than the expected rate of return you will profit, but that profit comes directly out of my pocket. Why would I do that? The idea is even sillier when you consider the fact that a quick look at the market demonstrates that there are many, many people who are quite willing to overpay for hashpower (overpay in the sense that they are willing to pay more than the hashrate will ever mine). Once you look at it like that, you can see there are only a few reasons why anyone would ever do that.
1. Generate immediate capital. Though this isn't really applicable to bitcoin mining given the fast turnaround on the entire mining process (measured in weeks, as opposed to years in other commodity markets like farming, actual mining, etc.).
2. Guaranteed revenue. Though this isn't really applicable either, given that we can predict with almost complete accuracy the current difficulty level, and high degrees of accuracy for the next few.
3. Profit. Customers willing to pay more for the hashrate than it will generate simply mining.
4. If I don't actually have any mining equipment at all, and am just making the whole thing up, and therefore NEED customers to provide actual revenue.
Once you look through the various scenarios for a given company selling hashpower, and see that these are the only reasonable reasons to ever sell hashpower, it is easy to see why the customers almost always lose. Actually, you can reword this a little bit and it works for the manufacturers too.
