I need some expert to gauge whether a BTC Mining investment I am offered is profitable.
The cliffs: - 10k GBP buys 1k MHs for 3 years. - 50% of profits will be retained by the company - the most profitable of the currently 14 most liquid coins is mined and exchanged into BTC on a daily basis
example calculation with the assumption = BTC stays constant at 250GBP/BTC: 30k GBP = 3k MHs mine 13.05 BTC in 3 weeks = 1087.54 GBP after 50% fee = 543.77 per week profit after 3 years = 84828.12 GBP
Is this realistic?
I would be happy to pay a consultation with an expert via Skype if this is not completely unrealistic.
Which cloud mining you are talking about? You should just go for trusted one like pbmining and hashnest. Also, your calculation is out cause the difficulty is increasing at a very fast rate.
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BoardService Discussion
Re: Is Primedice legit?
by
TheDragonSlayer
on 26/11/2014, 14:32:41 UTC
Primedice is legit, they have the largest bank roll.... I think...
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BoardArchival
Re: Last Drink You drank. (daily thread)
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TheDragonSlayer
on 26/11/2014, 14:30:15 UTC
Fresh orange juice
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BoardMicro Earnings
Re: [Beta] MyBitMine.co | New Type Of Faucet | Get Bitcoin From Playing
by
TheDragonSlayer
on 26/11/2014, 14:26:56 UTC
It is way too slow, need more ways to earn gold.. Maybe a mini flash game or something while we wait?
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BoardServices
Re: Up to 0.01 BTC weekly for YOUR SIGNATURE
by
TheDragonSlayer
on 26/11/2014, 14:25:52 UTC
Best signature so far. Like the auto payment really much
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BoardService Announcements
Re: Free Bitcoin Miner Game - Earn Free Bitcoin Playing
by
TheDragonSlayer
on 15/11/2014, 01:28:51 UTC
Upgraded vision, support and stamina, now I can go deep under for the highest grade ore. Yeah...
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BoardMining speculation
Re: Antminer S5 Speculation
by
TheDragonSlayer
on 14/11/2014, 13:18:09 UTC
So where is the S5 information, it was supposed to ship tomorrow.
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BoardSpeculation
Re: Speculate High price on 19 November and win xPredict Free 15 day trial
by
TheDragonSlayer
on 14/11/2014, 13:11:09 UTC
589
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BoardAnnouncements (Altcoins)
Re: [ANN] [FRSH] FreshCoin | NEW ALGO! (lowest energy usage) | POM | FRESH online!*
by
TheDragonSlayer
on 14/11/2014, 12:59:30 UTC
Anybody else that is good in calculation tell me that is mining this better or mining x11? I have a electricity charges of 0.1 KWH..