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RE: [Mining] 360% more profitable than mining Ethereum

in #crypto6 years ago

But you will never earn more than if you had just taken the cloud mining fee and bought your crypto instead of mining it.

This, but also the fact they cancel contracts when it becomes unprofitable to them, which is around the same time you start to approach breaking even.

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If they are cancelling contracts they are scams, not businesses. No doubt scams exist but are you saying, for example, Genesis Mining would cancel your cloud mining contract when they deem you have just about made back your money, regardless of time remaining on contract?

Yes, they have it in their clause they will cancel when it becomes unprofitable to send payments. Which is generally before you start breaking even.

Outrageous