QUOTE(raynman @ Jul 4 2017, 03:49 PM)
Actually la, if you remember my post in the "missing thread" was just sharing my bad experience.However I also posted the following ............
QUOTE(goldfries @ Jun 21 2017, 07:52 AM)
Actually la, cloud mining can be profitable.
You put USD 2799 in to ge 100Mh/s - at today's rate you should get a little over 1 ETH per month but after 24 months you should get at least 10 ETH.
The idea behind cloud mining isn't so much of instant profit or getting side income but rather to accumulate ETH.
This means you are certain that you want to bank that amount of money on an uncertain future.
After the contract ends - even if you got just 10 ETH, as long as they're priced above USD 280 each you already break-even.
You put USD 2799 in to ge 100Mh/s - at today's rate you should get a little over 1 ETH per month but after 24 months you should get at least 10 ETH.
The idea behind cloud mining isn't so much of instant profit or getting side income but rather to accumulate ETH.
This means you are certain that you want to bank that amount of money on an uncertain future.
After the contract ends - even if you got just 10 ETH, as long as they're priced above USD 280 each you already break-even.
Jul 4 2017, 03:57 PM
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