Guys, is it a bad time to buy G/H on Hashnest?
I think SHA 256 cloud mining and home mining s about to reach the end. Diff growth s been so massive lately and it ll probably continue to rise if BTC price continues to increase. So I think people should turn to alternative ways of mining.
To answer your question, unless you plan to trade GHs as well, mining to reach ROI s going to be very hard to achieve.
Thanks for the input guys! Well according to a mining calculator I saw online, it would only take like 100 days to get ROI from S4 or S5. Is this true?
In pure theory yes. Even less, again in theory, cause you can sell you hash when you reach 70% ROI, for example, and make some money.
Why this does not work? Cause mining diff s been jumping 20% per month and consequently hash price s been going down that much. So, include this in your calculations and u ll see what u re gonna get.