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RE: Is Cloud Mining On Hashflare Worth It?

in #mining7 years ago

only 150GH/s.

If my calculation is correct - it should take me 6-8 weeks to earn back my initial outlay - based on todays current BTC prices. If it is looking that way in the first few weeks i will likely invest further - so to answer your question - i'll be reinvesting if it is looking like the numbers add up to tell a good story.

I would love to mine vertcoin - i'm very excited about where this coin is heading - but they're asic resistant so it is likely that cloud mining companies wouldn't find benefit in setting up those kind of service. I guess that's the "drawback" of being decentralised.