You will be surprised that the launch price of the L3 is almost the same as the launch price of the L3+.

Bitmain improves on the price/performance, so it is a better deal to go for the L3+.

Based by your purchase on hashnet, one MH/s is cost at 23.681 LTC / 70MH = 0.3383 LTC.
In gigawatt, the cost for L3+ is 51LTC. If calculate based by cost per MH/s from hashnet, 0.3383 LTC * 504MH = 170.5LTC.

Of course the L3+ in gigawatt has more daily ROI.

You are a mathematical genius!

is cloud mining still profitable guys? Im Newbie here... doing some research

Aren't you from the crypto trading thread?

Wow.. but your comparison is confused. Let me re-phase.

Should be this way..

Cost of 1MH/s with Hashnet = 0.3383LTC
Cost of 1MH/s with Gigawatt = 51LTC/504 = 0.1011 LTC

People may think that buying from Gigawatt is worth but bear in mind that the contract in Hashnet can be resold.

This post has been edited by jack2: Jul 12 2017, 03:09 PM

now doing some research from cloud mining bro... haha... which coins is best to mine now bro... can cover the mining fees

I was joking with him too.
Notice my smiley at the end of the sentence.

We have a lot of investments here. Tell us your budget and we will introduce you based on your budget and risk profile.

jack2 is also a trader and a cloud miner. Take advice from him.

Not so simple as that.

You forgot to factor in the cost of the tokens required to host one L3+ miner.

Ops.. Alamak.. Let me re-do


Cost of 1MH/s with Hashnet = 0.3383LTC

Cost of 1MH/s with Gigawatt

Miner: 51LTC/504 = 0.1011 LTC
Token: 880 token x $1.10 = $968

Assuming 1LTC = $43
Hence, 968/43 = 22.5 LTC

Total
51+22.5 / 504 = 0.1458 LTC

The biggest advantage of HashNest is that you can sell off your contracts at ANYTIME.
You have to pay a premium for that privilege.
You cannot do that with Genesis, Hashflare or GigaWatt.
You are stuck with them until the contract expires.

Yes, you can mine and trade at the same time.

You can sell off your contracts when the price is high and buy back when the price is low.

This is trading for a profit.

jack2 will love this.

Budget around RM1k still affordable for me
Read about Bitcoin Mining Starter pack at Genesis Mining for $30... seem like very cheap but how is the profit haha

Ops... Sorry for my bad calculation.

No worries.

We are all learning from each other here.

Its around 5.40 USD per month ROI for the $30 Genesis Mining Bitcoin .....as i got try on it

most of the cloud mining i guess require +/- 6 months to ROI

but what beyond my expectation is Ethereum cloud mining ...the payout drop rate is too fast and the price of coins also its a joke

This post has been edited by cofin: Jul 12 2017, 04:15 PM

Cofin is correct.

Genesis's ETH is WTF and now the break even period is 2X.

Better for for Hashnet or hashflare.

so for beginner which platform and which plan is most affordable to start and with best ROI ? I am going to start small, now alot of funds stuck in crypto and stock markets