Quote from: BitUsher on November 06, 2014, 01:30:37 PM

Quote from: erenna on November 06, 2014, 07:44:58 AM

So ROI in 8-9months?

Guys, what do you think about hashprofit.com? Their payback time forecast is 4-7 months with a trial of 200kh/s for a week

No, you should only expect a negative ROI or loss from any cloud mining service. I have yet to hear any proof otherwise. Notice how proponents use dishonest representations and misleading suggestions rather than simply discussing examples where they turned a profit by verifying a specific claim.

Product name , date range , rate ? (payout per day and amount invested aren't sufficient to validate claims)

Has there ever been an example of any Bitcoin cloud mining contract in history that has been profitable for the investor?

Below is a proof of profit someone posted in PB mining thread. He invested in PB mining in its early days while everyone was doubting it to be a Ponzi and will vanish with people's money...

Quote from: SlientBit on November 02, 2014, 01:31:39 PM

Hello everyone!

A few months back I shared the stats on my contracts, so that anyone could have real data to evaluate.
It's with pride that I have now reached ProfitLand in all my contracts Wink

As such, I'm sharing the stats again. The nonbelievers and Ponzi-lovers in here will probably not like them Wink

Since I was also one of the happy winners of Labour Day's giveaway, I'm also sharing the stats on that(bottom part) so you can get a real fell of the maximum profitability PBmining is giving - since there was no investment done on that contract, the profits shown for this contract represent the maximum you could achieve.

The best I can tell you is that by initial expectations - 20 weeks / 4 Months for breakeven - were not met, but it was still with the 6 months / 26 weeks period that I considered this investment worth the risk.
But that was then. The current numbers are not that good - things got way worst after April 20th, the best price point ever, with only 21 weeks for breakeven

.
I leave you these data so you can all do your own math and risk assessment.
The current average payout per GH/s is still higher than other cloud mining options out there, but it's no longer attractive.

Meanwhile, I will keep enjoying the next 6 months of good profit, before it all turns to mere dust levels. And the giveaway's precious compensation funds Tongue

As for the remaining years, I guess they won't matter that much, but hey, it's still profit Cool

Have a nice Sunday, everyone

U were arguing the same thing yesterday and claimed that at 15% difficult increase www.cloudmining.website will show u profit at 148th day. Today we know that the difficulty increase has been 10%. Still u r claiming that one cant make profit with Cloud Mining ?

Quote from: BitUsher on November 04, 2014, 06:31:56 PM

Quote from: TheGeorge on November 04, 2014, 06:16:46 PM

I'm not suggesting u anything. I'm merely providing u facts & figures to think logically. We have supplied enough information to U. Now, u please do some math and show us how long should it take to break even with 0.001 BTC/Ghs accounting for the possible difficulty increase

Certainly:
https://bitcoinwisdom.com/bitcoin/calculator

Loss in profit under this contract
At 0.001 BTC/Ghs a 30% difficulty increment average will never have a breakeven point.
At 0.001 BTC/Ghs a 25% difficulty increment average will never have a breakeven point.
At 0.001 BTC/Ghs a 20% difficulty increment average will never have a breakeven point.
At 0.001 BTC/Ghs a 18% difficulty increment average will never have a breakeven point.

At 0.001 BTC/Ghs a 15% difficulty increment average will never have 147 day breakeven point.
At 0.001 BTC/Ghs a 8% difficulty increment average will never have 88 day breakeven point.

Are you suggesting that we should expect anything below 10% as a running average?

-snip-

Are u hypocrite or trolling for some agenda ?