BTC would have to be over $9200 with the current mining difficulty in order for payouts to become greater than the maintenance fee.
think, when will we see more than $9200? nobody knows and this can take months or years.
And even in that case, what people will be earning it is likely just a couple of Satoshi's, which is an utter waste of time. Can you imagine how long people have to wait till they reach the minimum withdrawal amount?
You know the sad part? The people joining from platforms such as YouTube won't get to read this. The only thing these people know is that cloud mining is profitable due to all the paid shills there.
about this: " You know the sad part? ", besides agreeing with you, I think the saddest part is what I did not see, I had not seen this post done by him:
Hello Hashflare Team,
When mining will become profitable again? What is the value that Bitcoin needs to reach in order to resume the mining process ?
When mining will become profitable again? What is the value that Bitcoin needs to reach in order to resume the mining process ?
Hi!
BTC would have to be over $9200 with the current mining difficulty in order for payouts to become greater than the maintenance fee.
Just 9k, everyone told me at least 11k for good profit. Anyway, this all seems like faraway dream now
Guess the information I previously provided was a bit outdated... 10k is the price for payouts to become positive again at the moment.
he basically just told people to sit because they will not get profits so soon and it's all bitcoin's fault. this is my interpretation of the post made by them. The stranger in all this, is that on their twitter account is full of people complaining and accusing them of being scam, and in this thread of them I did not see anyone complaining about them. which leads me to think that it is delete the posts of the people who complain. But of course, I have no evidence for it and is just a guess and I may be wrong.