On the other hand, new price levels apply only for the newly purchased contracts, previously purchased contracts aren't affected. Back in the December 2017, the price for 1TH/s bitcoin cloud mining contract was $220. Now, the price is only $60 for 1 TH/s, that means that the price for bitcoin cloud mining contracts has dropped almost four times in just four months. Insane.
Hashflare Cloud Mining Calculator For Bitcoin Stock Symbol
Disclosure: This article contains affiliate links to hashflare.io cloud mining website, by clicking on links on this page and by making a purchase on hashflare.io, I will earn a 10% affiliate income at no cost to you
Again instead of getting $29.56 monthly, I should deduct maintenance fee, which for me already would be $0.6405 daily or $19.21/mo. The total profit at the end of the month should be around $10.35. Which is still not bad, but frankly speaking not very attractive to me anymore. Well, in total my investment in hashflare.io cloud mining since December would be very humble, just barely $132. On the other hand, $10.35/mo would break even after more than 12 months. Currently not interesting.
Currently, hashflare is running additional 25% discount for all cloud mining contracts, let's do another math how much hash power we could buy with the same $1,020 and how much profit that would give in theory. (25% Discount For Hashflare Cloud Mining Contracts)
Disclosure: This article contains affiliate links to hashflare.io cloud mining website, by clicking on links on this page and by making a purchase on hashflare.io, I will earn a 10% affiliate income at no cost to you. Also, I'm not a financial advisor and I don't give you any advice, I'm just sharing my own experience. Investments in stocks, funds, bonds or cryptos are risk investments and you could lose some or all of your money. Do your due diligence before investing in any kind of asset.
Crypto mining got birthed at the same time as bitcoin. However, most of the latest trendy cryptocurrencies are proof-of-stake and mining had to take a backseat to staking. Nonetheless, there are still plenty of coins and cloud mining platforms where you can profitably mine crypto. 2ff7e9595c
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