Genesis Mining Review
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GENESIS-MINING.COM is a well-established X11, Ethereum and Bitcoin cloud mining provider. They are the largest Bitcoin cloud mining provider and furthermore are now suggesting Ethereum/X11 mining contracts spil well. All their bitcoin contracts are lifetime contracts, which is a big plus! Presently, they have Three undisclosed locations te Europe, America and Asia.
HashFlare is a fresh range of cloudmining services brought to you by the HashCoins team of cryptomining experts.
The team has bot involved with cryptocurrencies since the inception of Bitcoin and has overheen Trio years of practice ter the field of mining cryptocurrencies.
The easiest, cheapest, and best cloud mining solution. Commence with spil little spil $Ten using PayPal and choose inbetween any cryptocurrency including Bitcoin, Litecoin, Peercoin, Namecoin, Feathercoin, Dogecoin, NautilusCoin, and Vertcoin.
Comparison of different Cloud Mining Contracts based on Ethereum and Bitcoins and many more Altcoins. Use our top mining list to see which fits for you.
All About BTC, LTC, ETH mining spil well spil other alternative crypto currencies
Today wij did some calculations to see what is the actual profit that wij are getting from various Bitcoin and Litecoin cloud mining services based on the earnings from yesterday. Wij’ve used 1000 GHS or 1 THS spil a base for Bitcoin cloud mining and 1 MHS spil a base for Litecoin cloud mining so that wij can compare the different services listed below. The list does not contain all of the cloud mining services wij are using spil some of them are not even worth mentioning spil there is no much point ter investing ter them with their current prices for hashrate. Also some other services are not listed spil wij are having trouble to accurately figure out how much wij have earned exactly for the last 24 hours. Do note that the numbers listed below at the actual coins mined for 24 hours with maintenance fees already deducted, so this is what you are actually be getting vanaf day (based on yesterday’s payments). Do note that the list below is based only on the actually profit that the services provide, it does not take into account the price of the hashrate that each of the services presently has.
BTC Earnings for 25.11.2014 vanaf 1000 GHS:
– Hashie BTC – 0.00739 BTC vanaf THS Daily (1 THS price – 1.Two BTC AMHash / 1.30403 BTC Gen1)
– ZeusHash BTC – 0.00642 BTC vanaf THS Daily (1 THS price – 1.5315 BTC)
– CEX BTC – 0.00317 BTC vanaf THS Daily (1 THS price – 1.6914 BTC)
LTC Earnings for 25.11.2014 vanaf 1 MHS:
– ZeusHash LTC – 0.00423 LTC vanaf MHS Daily (1 MHS price – Four.47 LTC / 15.99 USD)
Wij are not including GAW’s Hashlets spil wij have actually sold ours a few days ago and are presently waiting to see what fresh things wij are going to be getting announced ter the next days – PayBase, HashStaker and PayCoin. It is also interesting to note that Hashnest has evidently introduced a market for users to trad the UMISOO Bitcoin cloud hashrate that they have purchased, so you get an interesting chance to sell some of your hashrate at a good price or maybe buy more cheaper to possibly reach ROI swifter, however the service does not presently perform so excellent based on actual earnings and only CEX is performing worse te our list. ZeusHash is presently not doing very well for both BTC and LTC, even tho’ they attempt to attract users with various incentives and promotions all of the time, their main problem is the higher maintenance fees. Genesis Mining remains spil one of the best and choices ter terms of profitability, especially for people that might have some concerns about services such spil PBMining or BTCCS. Also note that the numbers for some of the services might be slightly higher that what wij are actually getting, for example Hashie with AMHash contracts only would get slightly better results spil wij have mixed hashrate with their Gen1 and AMHash hashrate, CEX also supports merged mining and the number wij have above is only for the BTC earnings and does not include the merged coins.
- Te: Cloud Mining|Tests and Reviews
- Tags: bitcoin cloud mining, BTC cloud mining, cloud mining, cloud mining comparison, cloud mining profit, cloud mining profitability, cloud mining services, Litecoin cloud mining, LTC cloud mining
Four Responses to Cloud Mining Services Actual Profit Comparison
I think that you should indeed integrate the purchase price ter your calculation because the different services doesn’t have the same price for purchase :
Let’s take the example of Genesis-Mining and Hashie.
1000 GH of Gen1 at Hashie = 1.28545 BTC
1000 GH of Genesis Mining SHA-256 = Two.087 BTC
If you integrate that ter the calculation the results are not truly the same :
Gen1 at Hashie yesterday payout =>, 174 days ROI
Genesis-Mining yesterday payout =>, 216 days ROI
Ter the end a buyer would have do a better investment te Gen1 Hashie than te Genesis-Mining contrary to what you say ter your article…,
The objective of this comparison wasgoed not to rate the cloud services based on the ROI time, instead it wasgoed meant to vertoning that at the uur the high difficulty and maintenance fees along with the low exchange rates are indeed causing the actual profit to be very low. This is affecting all of the services, however the numbers wij’ve got also showcase that the difference te the profit you get te the end can vary up to 3-4 times depending on the service. Wij have also added the hashrate prices for the different services spil a reference.
It is not fair that you did not list the price for the GAW miners, is it because the payout of 1 sat on most of their miners or whatever they are called? Or the fact that they are mining something that does not exist atm? NOT FAIR AT ALL.
What services on your list have proven that they have actually have any hashing power and are not just ponzis?
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