Post
Topic
Board Beginners & Help
Re: Bitcoin Mining Contracts
by
lassdas
on 19/09/2013, 05:43:25 UTC
http://www.minerlease.com/contracts
They are liar :
they say:
Each contract gives 200MH/s of mining power for one year. It will generate about 1.1BTC in one year.

Nobody know how much BTC it will be after year? but I feel that it will by much less that 1.1

You're a newbie aren't ya?

"It will generate about 1.1BTC in one year". They aren't talking about actual money, they're talking about the amount of Bitcoins generated. The currency symbol for Bitcoin is "BTC", just like how USD is the currency symbol for "United States Dollar". So, they're not lying.
You sayin' BTC isn't actual money?
But USD is of course.  Cheesy

Not to mention that 200MH/s will never generate about 1.1BTC,
not in one year, not in 2, not in 100.