I have tried two largest and long lasting cloud mining company 's contract for a month
The two companies are Genesis Mining and Hashing24
For Genesis Mining, I buy a 2YR Ether Mining Contract for 1400USD (50MH/s) at beginning of June.
At that time , price of ETH was ~300USD , the below is the actual payout of the website payout
Thanks to a lot of new miners, the difficulties of ETH mining rise exponentially and my ETH payout reduce by half.
Definitively I am betting the ETH will continue to rise, otherwise I will be unable to recover my cost of mining contract.
Minimum payout is 0.05 ETH.
Since ETH payout rise so quickly and price of ETH fluctuate a lot, I decide to try another cloud mining company: Hashing 24
I invest also 1400 USD (7TH/s) at beginning of July.
- The features of this company is that it support small amount of payout
- Contract is theoretically last forever (except the production underweight the fees)
- reinvestment through bitcoin is available and immediate
I am quite satisfy with Hashing 24 but not genesis mining but I agree that was mainly due to great recession of ETH price and exponentially increasing difficulties.
Cloud mining is good for those using credit card to make some leverage instead of using a large amount cash to buy cryto.
If you would like to join hashing24 , link are as follow
4% promo code: 58UST6T4
https://hashing24.com/?rid=53616c7465645f5fd51eca6cfe0938c3339349459aa0c162
GENESIS MINGING:
https://www.genesis-mining.com/
Promo code: lIPM3X
Please let me know if there are any problems