You guys think that there will be any profit from up coming contracts seemed like with prices was skyrocketing the was some actual profit. I just wonder with these lower prices BTC and other are having.
I think Yes!
Based on the current situation I came up whit this calculation:
https://www.coinwarz.com/calculators/bitcoin-mining-calculator/?h=15000&p=0&pc=0&pf=28&d=1123863285132.97000000&r=12.50000000&er=4261.27550000&hc=1500
The 28% pool fee is the mining fee GM has on sha256 contracts (all other contracts are whiteout any fee).
Days to break even: 145.67 Day
Remember the two variables: Bitcoin Price and Bitcoin Difficulty, buying a contract you thing the bitcoin price will rise the same or more as the bitcoin mining difficulty.
Any question please ask