Ethereum Network Hashrate dipped from it's ATH of 36.5 TH/s
Everything that i write about is in terms of 1 MH/s (which costs $30 for a 2 year contract with genesis mining). I chose genesis mining as it had the best reviews and the lowest rates to date. In the event that Ethereum switches to proof of stake, it will try to mine the most profitable coin.
To calculate your profitability conservatively, multiply the number of MH/s you plan to buy by the numbers in the chart!
Ethereum network hashrate increased from 30 TH/s to 35 TH/s since i invested in ethereum cloud mining..
Ethereum Cloud Mining Profitability Analysis
Ethereum Price: $223.84
Assuming no increase of network hashrate, the profitability of starting a new cloud mining contract has fallen 15%.
Switch to PoS is calculated at a Nov 11th rate.
my cloud contractor: https://www.genesis-mining.com/
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