Post
Topic
Board Service Discussion
Re: What can you say about Cloud Mining?
by
EvilPanda
on 21/10/2014, 14:15:47 UTC
IS there any ROi with cloud possible ?
Try cloud GH's that charge no more than a 30% maintenance fee (equivalent to 0.12 kWh) and hold on for 365 days and you will ROI. If you want a quick ROI then buy your own hardware.
Not really. You don't have to look far to find people who got ROI after 3 months of cloud mining. But it already happened, and may not happen again Wink

Can you show some math behind this?  I cant think of any cloud services that ROI in 3 months is normal.

Right now, many people claim that LTCGear ROI in 2 months. But I won't want to risk my money..

I just wish someone would provide math with it.  I dont see many cloud mining getting roi.   

Some companies like GAW sell upgradable contracts, so you can't really calculate ROI when you buy them. They also have a marketplace, where you can sell the shares after taking early profits.
Here's a couple of posts by people who profited from cloud mining

https://bitcointalk.org/index.php?topic=790207.msg9223967#msg9223967
https://bitcointalk.org/index.php?topic=752824.msg8853358#msg8853358
https://bitcointalk.org/index.php?topic=752824.msg9251529#msg9251529