Post
Topic
Board Mining (Altcoins)
Re: Cloud Mining Zcash is now profitable
by
Ayers
on 01/12/2016, 18:18:55 UTC
https://twitter.com/ZcashMiner/status/804287282429575168

Quote
Solve Rate cost has been slashed to 0.00125 BTC/Sol/s on https://www.Zcash-Miner.com.

Nice info. Two important points to be mentioned here...

1. When the price of ZEC is going down, the Global Solve Rate is going down as well. Hence, Cloud Mining at fixed rate remains profitable.

2. I made a cost comparison between Genesis-Mining & Zcash-Miner. Read it below...

At Genesis-Mining,
260 Sol/s for one year cost 2699 USD, i.e. 3.59 BTC at current Preev rate.
Therefore, 10 Sol/s for one year cost 3.59/26, i.e. 0.138 BTC.

At Zcash-Miner,
10 Sol/s for three months cost 0.0125 BTC.
Therefore, 10 Sol/s for one year cost 0.0125*4, i.e. 0.05 BTC.

Hence, Genesis-Mining.com costs 0.138/0.05, i.e. 2.76 times higher than Zcash-Miner.com.

where it say that is monthly? the price is to expensive for beginners, and 10 sol will give you nothing, so you are fo rced to invest quite big at launch which is not convenient and too risky, they should do short terms instead of those long term if your months times are correct