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Author Topic: Payouts from Ghash.io less than predicted?  (Read 4560 times)
dmasys
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November 25, 2014, 10:22:13 AM
 #41

I have used Ghash.io for 5 months. The difficulty goes up and income goes down. End of June this year I bought 2 pcs S2 Antminers for 4000 $
Got good income first month, but it declined month after month. I am now down in 0,5 btc/month and that does not pay electricity bill.
I am now closing down this gambling, I lost 1000$ on this game. I strongly advice you guys not to start this game. Even if you buy a cheaper machine, it will be obsolete in 3 months time.
Those who win is probably those who buy and sell bitcoin.
PS. I am in Sweden where power cost is very low, but still no chance to reach ROI
The winner here is the electric company and those who built the machines. The naked truth!

you´re absolutly right !
i bought all of my miners as used... f.e. if the miner gots 1 ths i only pay max 50% of it in euro - so, max 625$...
then you are ROI @ 3 - 4 month to get a few bucks over!

to start this business with new miners u got to have a lot of money to play with or a really cheap distributor where u can buy.

a week ago i switched all miners with actually 28 ths from cex to btcguild and i´m better... only leave my scrypt miners there for doge & ltc and i´m fine with this
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November 25, 2014, 01:42:28 PM
 #42

Dear everbody,

I have got 134 GH/s cloud mining from "cex.io" for a while. Also I have got 60 GH/s from "genesis mining" cloud services.
They are lifetime based and GH/s from cex.io is tradeable and refundable via exchange trading. Also, I will prefer genesis mining for altcoins later.

Therefore, I have got 4GH/s from cloudhashing.com It is old style of cloud mining as contracts as 12 months.
It will be ended the first week of December. I paid 299 dollars for it at last year.

Other on the hand, I am victim of scam of Bitco Miners at the date of January of 2014.
It said that give 3 months period contracts. I paid 100 dollars for 50GH/s at that moment. There is a link below.
https://bitcointalk.org/index.php?topic=399608.0

Also I paid nearly 60 dollars for 5GH/s Butterfly labs cloud mining contracts last year. So It has been placed into a temporary receivership pursuant to court orders. You can visit their website.

So What shold I do ?
Even if cex.io is not profitable, it is the most logical cloud mining service I have ever seen.
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November 25, 2014, 03:29:42 PM
 #43

Dear everbody,

I have got 134 GH/s cloud mining from "cex.io" for a while. Also I have got 60 GH/s from "genesis mining" cloud services.
They are lifetime based and GH/s from cex.io is tradeable and refundable via exchange trading. Also, I will prefer genesis mining for altcoins later.

Therefore, I have got 4GH/s from cloudhashing.com It is old style of cloud mining as contracts as 12 months.
It will be ended the first week of December. I paid 299 dollars for it at last year.

Other on the hand, I am victim of scam of Bitco Miners at the date of January of 2014.
It said that give 3 months period contracts. I paid 100 dollars for 50GH/s at that moment. There is a link below.
https://bitcointalk.org/index.php?topic=399608.0

Also I paid nearly 60 dollars for 5GH/s Butterfly labs cloud mining contracts last year. So It has been placed into a temporary receivership pursuant to court orders. You can visit their website.

So What shold I do ?
Even if cex.io is not profitable, it is the most logical cloud mining service I have ever seen.

You can sell your GHS at cex.io and keep buying BTC. You don't have to cloudmine. There are also new companies that offer GHS at a lower cost, they have a lower maintenance cost too.

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