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 Cloud Mining - Cryptocurrencies

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V-Zero
post Aug 11 2017, 10:40 AM

Another day, another $
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QUOTE(denimblue @ Aug 11 2017, 10:38 AM)
I don't intend to reinvest and just maintain my current hashrate until 5th October just to prove a point that your computation is flawed.
*
Then, by all means. notworthy.gif
V-Zero
post Aug 11 2017, 10:47 AM

Another day, another $
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Senior Member
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Joined: Apr 2007
QUOTE(denimblue @ Aug 11 2017, 10:44 AM)
No hard feelings, bro.
It is all for the benefit of every cloud miner who has been scared by your proclamation.  smile.gif
*
There's stark difference between proclamation and what I stated -> "personal views and by no means recommendations" in my post.
Anyway I'll let this topic cease.

Some things are never meant to be shared I guess.
V-Zero
post Sep 4 2017, 12:49 AM

Another day, another $
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QUOTE(raynman @ Sep 3 2017, 08:26 PM)
I just checked the latest price.

It is $5.14 now.

No need to do mining. Just sell my tokens.  biggrin.gif
Sweet. My precious 3,060 tokens. wub.gif
Probably won't be selling them though, stable 50 years of ~30% annual rental return is too good. rclxm9.gif
V-Zero
post Sep 5 2017, 02:19 PM

Another day, another $
******
Senior Member
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Joined: Apr 2007
QUOTE(tyssxp @ Sep 5 2017, 11:44 AM)
Eh where you get the rate for rental? Can we rent it out now?
*
https://cryptonomos.com/wtt/calculator
They have pre-set rental fee at 4.2/4.95/5.7/6.45 c/KW/h.

Assuming you got your tokens at $1.2.
1 token rented out whole year @ 4.2c will yield you $0.37 per year.

0.37/1.2 = 30.83%.

Makes good supplement to my conventional investment portfolio.


QUOTE(dwRK @ Sep 5 2017, 12:00 PM)
ouch... LTC payout dropped so much...  rclxub.gif

bangwall.gif
*
Guess the drop is more severe than what I forecasted. sweat.gif
Unloaded all my contracts around 0.27 range.

Will consider re-entry if the yield stabilizes and commands lower premium.
V-Zero
post Sep 6 2017, 07:09 PM

Another day, another $
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Joined: Apr 2007
Cincai dug around for online calculator that includes difficulty adjustment:
https://www.buybitcoinworldwide.com/mining/calculator/

GM maintenance fee = USD 0.00028 per GH/s per day.
Assuming we buy 10 TH/s (equivalent to 10,000 GH/s) at USD $1,400.

Our daily maintenance fee = 10,000 x 0.00028 = $2.8 / day.
Plug all the figures into the calculator and we get this:

Attached Image

$3.74/day or $114.92/month.
That represents effective return of 114.92/1400 = 8.2%/month, a little over 12 months to break-even.

Of course BTC price appreciation (well this is a crypto thread) will make it shorter.
V-Zero
post Sep 8 2017, 03:33 PM

Another day, another $
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QUOTE(jack2 @ Sep 8 2017, 11:55 AM)
Hey cloud buddies,

I have decided not to invest into mining regardless it is cloud or non-cloud mining as it is not really profitable.

Before, I could get 5-6 months payback period and now keep on dragging to 10 months and then 1 year + +.

I prefer to get this funds and invest into real coins which could get better return.

Cheers!
*
Second this.
At current difficulty and its steep increase, most of my scenario projection models show that I would profit more from just buying and holding the coin itself.

That said, the only thing that is certain in crypto is that it will never be certain.
Good luck to all cloud miners and may the odds be in your favor! smile.gif
V-Zero
post Oct 8 2017, 08:45 PM

Another day, another $
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Joined: Apr 2007
I got 2x payout for single withdrawal from Hashflare. blink.gif
Anyone got the same?

Example withdraw 1 btc they send 2 transactions of 1 btc each.
Not complaining though. laugh.gif
V-Zero
post Oct 22 2017, 12:19 PM

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Oh wow this thread is now full jjptr mode. laugh.gif

On a side note, those have Hashflare scrypt might want to change your mining pool to 100% ProHashing.
It gave me +40% more payout compared to previous pool setup.

Attached Image

This post has been edited by V-Zero: Oct 22 2017, 12:19 PM
V-Zero
post Oct 24 2017, 10:26 PM

Another day, another $
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Joined: Apr 2007
Did a quick read on this EthConnect.
Mine ERC20 tokens instead of minting yo, the creator(s) must be geniuses. rclxub.gif

https://bitcointalk.org/index.php?topic=2301946.0

user posted image

laugh.gif laugh.gif

This post has been edited by V-Zero: Oct 24 2017, 10:49 PM

 

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