Another correction on crypto market we see right now so bitcoin at the moment is $7900 and Market Cap: $322,767,266,062 / 24h Vol: $15,555,135,679 / BTC Dominance: 42.5%
Another good new from hashflare so they low down the price for hashing power at the moment is:
Scrypt β $3.20 per 1 MH/s
SHA-256 β $1.20 per 10 GH/s
So if you will use the code: HF18SPRNGSL10 at purchase to get a 10% discount for all contracts the price will be:
Scrypt β $2.88 per 1 MH/s
SHA-256 β $1.08 per 10 GH/s
Today my mining bitcoin contracts earned 0.0005838($4.55) and maintenance fee 0.00026639($2.09)
My total balance is 0.03782086($297.60) and will not spend my bitcoin with reinvesting maybe I will buy soon so more hash power with fresh fiat money
So let's make some calculation with current situation on profitability if we buy 1TH/s - $108 or 0.01368 (with current difficulty and current price )
Days to break even: 298.17 Day
Daily 0.00007642 or $0.36
Weekly 0.00053492 or $2.54
Monthly 0.00229250 or $10.87
Annually 0.02789208 or $132.21
If you buy 5TH/s it will cost you - $540 or 0.06867(with current difficulty and current price )
Days to break even: 298.17 Day
Daily 0.00038208 or $1.81
Weekly 0.00267458 or $12.68
Monthly 0.01146250 or $54.33
Annually 0.13946039 or $661.04
In my opinion is the best price on hashflare to make some upgrade on mining power even if price bitcoin will be $6500 you will still return investment in one year but if price go up to $10k you it will be 235 days and if $15k it will be 157 days so is up to you if you believe in bitcoin and that price will recover soon is definitely the time to invest in hashflare mining contract π°
Don't forget if you want to try cloud mining I leave my ref link π
Click Here for Registration in Hashflare
Wish you Big Profits and All the Bestππ°π
Cheers ππ
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Are our contracts in grave danger? what do you think
You didn't accounted for maintenance fee. Taking that in account, you will be earning only 0.25% per day on your investment. I calculated this on the basis of investing $200 at current price of $1.2 per 10GH/s. I put these parameters on coinwarz.com website and it shows that I will earn $1.26 per day. Now maintenance fee is $0.0035 per 10GH/24hr. So for 1 day it will become $0.70. Our total profit will be $1.26 - $0.70, i.e. $0.56 which is 0.25% of our $200 investment.