Re: Hashie.co - Cloud Mining from $4.51 per 10 GH [FREE MINER!]
This isn't really true. With GAW's Zencloud you can sell your mining power back at anytime. That means you don't have to make nearly as much to get to a positive ROI. At Hashie all you can do is buy or hold. I'm not even sure Hashie will ever be profitable, it will depend on the bitcoin difficultly. Best case is over 4 months to get your initial investment back.
If you want to compare you should compare against pbmining or places like that where you can't easily sell your holdings.
If you want to compare you should compare against pbmining or places like that where you can't easily sell your holdings.
To be frank, Zencloud miners have been depreciating faster than their payouts, so "you don't have to make nearly as much to get to a positive ROI" is incorrect. Currently, selling your mining power back there is a good way to lose money with their 10% trade fee.
We are working on a market however
-Sahra
That statement is only true over limited time periods. I already have one GAW account that is returning profits and a second account that would be profitable if I sold all the ZENs I had bought in that account, including the 10% commission and depreciation that has occurred. If what you say is correct over the long term, that wouldn't be true. (Long term in mining is like a month!) GAW keeps changing the rules of the game too that provides ways to make profit.
My only point is you shouldn't compare pricing between services that do offer a market and those that don't. The hash market adds value to the prices. The hash market can also drive down prices, which you just pointed out.
A service has to make it on its own merits, it doesn't have to be the same as everyone else's. Right now I'm testing the Hashie and I'll see how it goes before committing more funds to it. I did the same with other places including GAW and LTCgear. Perhaps an advantage of Hashie over GAW is you don't have to do much to maintain it. With GAW if you want to be profitable you are doing something almost everyday. My 13 year old loves that, I'm not so crazy about having to log into my accounts everyday. I'm just saying they are different services can can't be directly compared.