Post
Topic
Board Mining speculation
Re: About to turn off my mining rigs
by
DrG
on 25/06/2014, 20:00:57 UTC
Don't bother to mine anymore. If you still like to mine, rent . There are gr8 offers available out there.

Is renting has any sense now ?

I too want to know a renting service that can ROI.

Think about this.  Why would somebody go out of his/her way to host miners and have them mine so that you could make a PROFIT off of such an endeavor.  They would be dealing with the noise, heat, pollution, maintenance while you get the riches?  It is possible, but I can't really find examples of this in my life.

Having said that, I can't really find too many examples of where buying a miner earns you more than buying the coins.  BTC dropped to $560, it's even cheaper to buy now, makes more sense than 2 weeks ago to buy as opposed to mine unless you plan on solo mining.