I don't do any mining, but just curious to know, why do you say that it is not worth it to mine, when the ROI is just 4.5 months or less?
Compared to any conventional business, the ROI could be a year or more, so 4 months seem pretty good to me?
Or am I missing something?

Looking at the chart provided from raynman below.


I just have to inject USD2715 after the 3% discount right? or I inject in ETH equivalent to USD2715?

Like what u said, I get ETH in return. so per mth, I get ETH equal to USD723.45 and also depending on the increase in ETH price right?

I where got rich?

There are so many millionaires here.

You are right, no worries.

You can use credit card to fund your purchase, not necessarily must use ETH.

I believe he is comparing cloud mining ROI with using a custom mining rig.

alright

I notice u promote Hashflare and Genesis Mining. Hashflare gives 10% discount. which has better returns if I am looking at ETH 100MH/s

I have both Hashflare and Genesis ETH mining contracts.

But the HashFlare contract is for only one year.

Although the price per MH/s is lower than Genesis, you have one extra year in Genesis to collect your ETH.

I believe Genesis is more worth it than HashFlare.

Please remember to use my Genesis code when you sign up.

So basically you get about USD700 worth of ETH a month?

Genesis mining is more worth or Hashflare?

Custom mining needs to take into consideration of electricity and some of my friends said need 10 months to get BE. Just that cloud mining is excluding of the electricity cost and 4.5 months seems Ok for me now. But the pay off cost of USD2700+ is considered as burn as you did not get any rigs.


This post has been edited by jack2: Jun 12 2017, 03:54 PM

ur genesis link to my computer is blocked.. lol

There is no link to Genesis.

Sign up with Genesis first.

Then use my code when you select "Upgrade Hashpower".

Give Genesis a try.

You don't need to sign up for 100MH/s hashpower right away.

Can start small with 10MH/s for only USD300.

10MH/s for $300 is per contract of 2 years?

Then ROI for 10MH/s also 4.5 months?

You are absolutely correct!

Which plan are you opting and how many months you have been with?

i got genesis account like for sometimes, haven't start mining lol


i see i try later

I just started with Genesis today.

LOL.. just today and you started to jio us... kakakaka

I just ordered for 100Mh

This post has been edited by jack2: Jun 12 2017, 04:14 PM

I am looking to go 100MH/s

of cuz will sign up using ur Genesis code. that 3% is precious


anyway another question

for 100MH/s per month is USD722.43. So that means I get ETH equal to USD722.43 right? I get it per month? per day? or per week? or per year?

lets say per year amount it is USD8,789.61. if 1ETH suddenly shoot out USD10,000 this year. then how would they calculate after i get ETH per mth previously at current price.

Thanks in advance.

Great restructuring of the first page. Articles are informative albeit a bit lengthy

A sincere thank you to all who have done a great job contributing (my only contribution is this post so far which is far from informative)
I am sure all of us here appreciate it as well as future new visitors

Thanks guys. Keep up the great job!