I also looked into mining, both using CLOUD companies, after doing research on various forums, and also looked into miners and mining pools and also a relatively new site, that not only lets you mine in a pool using your own equipment ( often hard to source, pricey to buy, difficult to setup or get scripts right, or even profitable after costs of purchase/electricity/risk of bad equipment, none in stock, scams, etc) , but also allows you to invest in bitcoin price changes somehow.
My results were as follows :-
was the clear winner - (Please Use My Link - https://hashflare.io/r/5E7BD770
- Good site, easy to navigate, with nice and easy to understand "Revenue forecast" and Graphs
- internal re-investment ( auto or you can do yourself when you like)
- Cheaper than the other 2 reliable cloud miners
- Can vary the percentages of pool mining, choosing whatever percent you want from three top mining pools, up to 100% in total.
(Best left as it is, they work just fine and dandy that way)
- Locks in funds for 14 days if you invest using money
- Changing your wallet address willALSO temporarily block withdrawals for 14 days (due to security precautions)
- They changed their system recently - so NO discounts available. ( or needed)
1TH COST net rewards per TH 50TH NET/DAY REWARDS Cost-reward ratio monthly BTC return BREAKEVEN days 5TH COST monthly return
$120 0.0001516452 0.00758226 0.3352458315 0.22746780000 298 $600.00 $56.86
BEST value for money, due to low costs and mining pool returns, auto-payouts after 14 days (make sure you add your preferred wallet when you join and do not change, or returns are locked in).
Also easy to re-invest, remembering that every 2 weeks you need to increase your mining by 5% to mine approx the same amount of coins (not value, which will probably remain the same with less bitcoins, so you need not worry overmuch if you do not increase mining - you will break even in time).
- (Link https://hashing24.com/?rid=53616c746564 ... c76c35e3e8
This is a great little site, simple to use, to invest/re-invest and withdraw from. Even with a discount code (4% discount coupon - RH9WSG2V) and $0.33 cost per day per GH, it is more pricey than Hashflare, but it maintains each contract separately, has easy to understand stats, easy to use re-investment and a nice withdrawal system, that enables you to LABEL your bitcoin codes, so you can simply add a name such as MY WALLET or even have a label to send funds to HASHFLARE ( for example).
Using my own mining daily average stats, without going into all the details again, my own results for mining were as follows :-
COST = $203.2247 BREAKEVEN = 375 DAYS
CAN WITHDRAW DAILY - EVERY DAY - NEVER FAILS TO PAY !
(They manually send payments once a day, but are 100% consistent to date).
Apart from slightly lower ROI, I found this cloud miner VERY trustworthy and felt in control and will add more mining as time goes on, due to simply being able to withdraw daily - it makes a big difference to satisfaction value ( for me at least ) and I would fully recommend adding some mining to this one - even if you own miners yourself !
3. Genesis https://www.genesis-mining.com/a/1114296
This was the first site I joined, as reading in the forums that it pays, but I found the process of making an actual purchase VERY frustrating, due to the unusual way their preferred payment processor for cards worked, sending confirmation requests on the fly to BOTH your mobile phone and email at the same time, with only 10 minutes to confirm. if you failed the first time the confirmation page them decided that the code had already been used.
I would say make sure you have a good mobile connection and email open, or purchase using BITCOINS.
Another downside was that if you DO use ( successfully ) a debit card, it locks your mining rewards in for 30 days - with no way to internally re-invest, it becomes a little frustrating to wait, even if you make further purchases, if still keeps ALL your mining locked.
They do pay out after this time, and they use an AUTOMATED system that pays to your wallet daily - if you have mined sufficient minimums, otherwise it is stored until the minimum is reached.
As for what you mine- they have a LOT more choices, Monero, DASH, VXR, Ethereum, Ethereum Classic, its a large list and you can assign different percentages using a great graphical interface, with different mining purchases offering different choices again. However, I find its best to stick to the main ones, or you can end up with 30+ amounts in different coins !
I trust them - as their so hopeless at certain things, but great at others, they are not web designers or payment processors, but they are a real company, with real people ok, and their customer service is 2nd to none, they really LOVE what their doing - these are motivated people, who love their jobs and this will be around as long as their IS mining to be done.
COST $135 ( with discount )
BREAK EVEN - 435 DAYS
These are MY results, based on my returns, over 1 month, but they will not be yours, due to lots of different options, I hope they give you a good insight of what you can expect.
There is one more thing that may be worth trying - especially with some of those mined coins - investing for interest with the 4th website I wanted to look at.
Link - https://bitconnect.co/?ref=rundoner5
So, this one is SO powerful that it has its OWN mining pool, as well as its own COIN !!!
I have never seen anything like it in my life - it may well be the most amazing coin/miner/opportunity to EVER be invented ( or not ).
I added $160 to the LEND facility ( no reason for this amount ) and over the next days earned the following :-
DAY 1 - $2.08
DAY 2 - $1.78
DAY 3 - $1.02
DAY 4 - $2.26
DAY 5 - $2.01
DAY 6 - $0.51
DAY 7 - $1.82
DAY 8 - $1.44
DAY 9 - $2.98 (WOW !!!)
Today I added $10 back into it using the REINVEST button, from the LENDING WALLET.
What you must NOT do is withdraw from the LENDING WALLET, as you can only invest $10 minimum from that.
Any NEW funds added using BTC ( bitcoin) or funds moved over to the BCC ( BitConnect Coin) wallet from the lending wallet will have to be invested with a minimum value of $100.
So if you want to grow your overall LENT funds by $10 each time your LENDING WALLET gets to $10, you need to leave that alone.
I did not and clicked withdraw after day 2 and took my money OUT - and they PAID me
Always pays to check that they DO pay
5. MACHINE MINING.
I have 10 MEGA HASH of LITECOIN SCRIPT mining using 2 script miners each holding 2 2.6M/H blades, running on a cgminer.exe script, using a batch file, to a mining pool at cryptopia, when I can changed what I mine by simply changing my options on the site.
I will not make my money back on the 2 miners I bought for that for a looong loooong time, unless Litecoin goes up in value dramatically.
I would say add $100 to one of the 4 above ( tip - get a bitcoin wallet and fund it first) and see how you feel about that, before looking into doing what major mining companies are doing 1 BILLION TIMES larger than you will get to without massive investments.