Post
Topic
Board Mining
Re: Share Your Daily Result Bitcoin
by
rockmoney
on 19/12/2016, 07:30:31 UTC
Well I'll start, I've got around 235Th and make around 0.24BTC per a day

235 th/s? Then you might be operating a mining farm because acquiring such big terrahashes could only possible if you do have lots of asic miners.Its a good news that you are earning decent amount for everyday basis.In my situations i really like to mine bitcoins but dont have enough money to invest on.

Yes 235Th/s . It's moderately sized. Right now about 18 S9's and planning to grow over time

wow its a big hashrate and much of s9, i am sure that you have much of money to make this investment can work for you. i don't have 1THS but its only under 100 GHS and its on the cloud mining, i don't expecting to get much of bitcoin like you, but from the beginning i am mining, i have my ROI before the halving so its not problem for me now if i only get small profit.
Its really good and profitable for those persons who are capable to invest huge amounts on making mining farms.Yes, 18x s9 miners will give you profits in no time as long the price of electricity of the said place is low then expect the roi will be much more shorter.Cloud mining are not ideal to make profits and mostly of them are just  scams thats why its not really recommended.

I have always been skeptical about cloud mining because there have been SO many scams in the past! That's why I couldn't believe that moe7865 said he was making a profit of .001 BTC per day from cloud mining. I checked Genesis Mining out after my first post asking him about it, and it looks like the minimum contract is for TWO YEARS - that is a LONG time of praying that prices remain steady to ensure you remain profitable! Not only that, if you read the contract, users are responsible for maintenance and/or repairs of any mining rigs they rent. My consensus - MUCH too risky for me and a bit shady as well (although I have never actually tried it and didn't get too far into the details)..