There is one more legitimate cloud mining site.

It is Hashnest, which is operated by Bitmain. The largest ASIC miner manufacturer in the world.

On Hashnest, you can buy and sell mining contracts to increase your hashrate.

https://www.hashnest.com/

That is a great start!
Sikit sikit lama lama jadi bukit.
I also started small like you more than a year ago.

But mining GPUs everywhere is out of stock.

How come you guys are so rich one?

Do ICO better.

Should cloud miners be worried about the upcoming bitcoin event on 1st August?

This Dash difficulty chart may explain why you are seeing variations in mining difficulty from day to day.

Heck, it even varies from minute to minute.

I have never seen a cryptocurrency behaving like this.



Compare it with Bitcoin;s difficulty chart.

The Bitcoin chart shows no variations from day to day and minute to minute, unlike Dash.

I just checked the pricing for the Dash (X11) mining contract with Genesis and Hashflare.
Your 2-year Genesis 500 MH/s costs USD2,250.
Hashflare only has 1-year contract. USD2,900 for 500 MH/s.
Genesis is very much cheaper.
Good choice, raynman.

Yes.
You don't have to mess around to buy, assemble, configure, operate and maintain the mining hardware yourself.
If something goes wrong with any of the hardware components, it means downtime for you and will not be getting your payouts.
Cloud mining mines the coins 24/7 without downtime. You just sit back and collect money daily.
No need to worry about electricity costs, where to put the noisy and hot mining rig in your house.

A USD30 cloud mining plan is very basic, but still OK for those who do not have a lot of funds to invest.
For small plans like this, don't ever go for bitcoin mining because the daily electricity/maintenace cost
they deduct from your daily will leave you with almost nothing.
And if the mining difficulty rises with time, the small payout cannot cover the MEF (Maintenance/Electricity Fees).

For small plans, better get those which do not charge MEF, like ethereum or dash mining.
No risk of terminating your contract because cannot pay MEF. Give it a try.

Nope. I got my daily ETH payout for 1/7 and 2/7 as usual.
Did you get your 2/7?



This post has been edited by denimblue: Jul 3 2017, 05:31 PM

Wow! Litecoin is on steroids.
Very good for Hashflare Lifetime Bitcoin (Scrypt) mining contract.

This post has been edited by denimblue: Jul 3 2017, 06:20 PM

The Genesis website still says that the Dash mining plans are on "limited supply" while stock lasts.
It is NOT out of stock.
Unfortunately I don't have sufficient funds to take up the 500 MH/s plan like raynman did.
I wonder who else has subscribed for Dash mining. Anyone?

This is mine.

Slightly more powerful than a Bitmain Antminer L3+ which is rated at 504 MH/s.

Thanks.
Did you subscribe to Hashflare's Lifetime Bitcoin Scrypt mining?

I would suggest Genesis Dash mining.
It is a 2-year contract with no maintenance/electricity fees.
The returns, according to raynman, is very good.
Pick a MH/s plan that you can afford. Sit back and enjoy!

HHCC is good.
He started so much later than us, yet he practically knows everything about cloud mining.

That's why raynman didn't mention you lor.
But you are a big time investor, not only in cloud mining.

This has always been the case since I joined Genesis.