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Author Topic: Best mining calculator for cloud mining?  (Read 2071 times)
pawel7777 (OP)
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September 10, 2014, 09:38:16 PM
 #1


What's the best calculator (or best way to calculate) for ROI of cloud mining?
I don't care about the electricity price or BTC/USD rate (since intend to pay with BTC). What I'm concerned is difficulty increase prediction.

Also, who currently offers the besr price for Ghs?


If there's already similar topic- can you send a link?

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Syke
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September 10, 2014, 11:41:07 PM
 #2

There is no ROI for cloud mining. The only way you may pull a profit is if you sell your hashing shares to some other sucker. Granted, there are a lot of those out there.

Buy & Hold
cloverme
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September 11, 2014, 12:45:42 AM
 #3

There is no ROI for cloud mining. The only way you may pull a profit is if you sell your hashing shares to some other sucker. Granted, there are a lot of those out there.

Hahhaah yeah that's about right isn't it... profit = (sucker1+sucker2)-investment;


New miners should read Dr G's post:
https://bitcointalk.org/index.php?topic=739510.0

desertfox470
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September 11, 2014, 02:17:58 AM
 #4

I would go with coinwarz.com. It is one of the best for what you are looking for.
pawel7777 (OP)
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September 11, 2014, 08:18:58 AM
 #5

I would go with coinwarz.com. It is one of the best for what you are looking for.

Thanks, but this one is based only on current difficulty level and doesn't seem to include the diff increase rate.

I found this one:

http://mining-profit.com/advanced-calculator

The default diff increase rate is set at 1.10 (per month?) - is it fair assumption?

There is no ROI for cloud mining. The only way you may pull a profit is if you sell your hashing shares to some other sucker. Granted, there are a lot of those out there.

My question wasn't whether it's a good idea to invest in cloud mining or not. I'm simply interested in what's the best way to calculate the price (BTC/Ghs) when it could be profitable.

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 Duelbits 
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TRY OUR UNIQUE GAMES!
    ◥ DICE  ◥ MINES  ◥ PLINKO  ◥ DUEL POKER  ◥ DICE DUELS   
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jonnybravo0311
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September 11, 2014, 12:15:16 PM
 #6

Try https://bitcoinwisdom.com/bitcoin/calculator

Jonny's Pool - Mine with us and help us grow!  Support a pool that supports Bitcoin, not a hardware manufacturer's pockets!  No SPV cheats.  No empty blocks.
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September 12, 2014, 01:08:15 AM
 #7

I think the range has been from 15% to 35% over the last year or so.  Probably averages around 22 or 23.  More than double 10%.

ed2:  lol @ lol, maybe change that 35% to a 50%.  more like change that 50% into a 75%, wtf.
wildjohn911
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September 12, 2014, 09:38:22 AM
 #8

Hello! There  are a lot  of  different  calculator of bitcoins in internet. Here  is  one  of  it:
http://mining-profit.com/
Its  quite  easy,  simple   and   understandable   in  using,  and  you  can try  it.
LightningBlade
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September 13, 2014, 01:44:04 PM
 #9

Use the mining calculator from bitcoinwisdom. Best so far..

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