It seems like a good project but maybe these will soon be clone of Genesis mining if they are legit and paying above normal.I saw the video and they have equipment available but they should give us a bit more information.
The question we all ask here is why share it with others when is profitable for you?As long as I don't have a good answer to this question I am staying away.
True that.
According to their calculations and such. Investing $40 for a basic 2 years ETH contract with everything included (10MH/s) will net ~$100 a year which is really good but if the profitability is that much.
Then why to sale hashrate rather than mining for themselves?
The website is really well done and all seems legit but still, I won't ever recommend Cloud mining because of its nature.
And ETH is the Crypto with the lowest profit. My gut is not yet 100% convinced. But possible returns are so extremely appealing and get even more promising when you take a rising BTC price into account.
And even if they are only online 40 more days after your initial investment, your invest is already back. Afterwards it is pure profit.
I have done an excel calculation with cash out phase of 40 days until invest is back and 50% reinvest / 50% cash out afterwards and the possible gains are huge.