Quote from: bluecityste on September 04, 2014, 04:54:35 PM

Jesus.......I was comparing the cost/income in dollar terms as due to the cost of these packages it will be quite rare that people are lucky enough to pay for cloud mining packages purely out of the bitcoins they have generated.

Anyway, for the sake of comparison I spent an hour of my life adding up my earnings so far.

Results are as follows (in bitcoin as this is what finalhash appreciates!):

Earnings over first 85 days of contract: 0.13658912 Btc

Average earnings per dayover past 20 day period: 0.000759809 Btc

Projected earnings over final 280 days assuming NO increase in difficulty: 0.21274638 Btc

Therefore total income projected for my annual contract is: 0.3493355 Btc

The contract cost me 0.433 Btc, so projected loss in Bitcoin of 0.0836645 Btc!!!

Obviously, as I said before the likelihood of script difficulty increasing significantly for the rest of the year is high due to increasing ASIC manufacturers jumping onboard, so these results will probably be worse than expected unless there are significant gains in prices of alt coins to compensate.

Therefore, even without this risk I couldn't really recommend them unfortunately - although the website GUI is easy to use.

They either A) need to lower their costs or B) cut the time limit out on the contracts and allow people to resell their shares/buy shares from other users. But that probably wont happen because that would cut into their overhead.