Post
Topic
Board Mining speculation
Re: Anyone Making Money With Contracts?
by
billysweird
on 21/04/2014, 10:47:18 UTC

It seems to me that there are a lot of companies saying they have x number of TH/s on their sparkly ASICS farms. They do the mining (you don't do any) with their machines and power.

And all you have to do is buy a "contract" for a year or two to help cover the costs.  They will pay out daily or weekly a portion of the bitcoins they mine.

Sounds good in theory.

Here is my question.

ARE PEOPLE MAKING PROFIT? (besides the owners)

To get a few satoshi a day or week, can take a long time to get to the break even point.

IS THERE A such a MINING sharing company that you actually will MAKE MORE than you put in?

Which company is actually doing this (restrictively) so ALL members actually make a PROFIT?

or does that not even matter to the people spending money?



***************************
of course you can make profit
you can buy and sell bitcoin like stock
that is how you making profit if you are smart enough