Is Bitcoin Cloud Mining Profitable (October 2017 ) ?

Is Bitcoin Cloud Mining Profitable (October 2017 ) ? Updates

  • If you want to start bitcoin cloud mining and you want to know about the prices , profitability , break even and the top service providers then you should read this post .
  • As we can see in the above table , Yes the bitcoin cloud mining is still profitable and you will get a daily net profit about ( $4 – $5 ) / $1000 investment .
  • With Genesis Mining you will get the best daily profit and you need only 190 days to break even . Also Genesis Mining is the only Company now which provides a lifetime bitcoin cloud mining contract so we strongly recommend to choose it .
  • Our second best option here is Hashing24 as you will get your money back after 474 days while the contract period is 1095 days so you will get about $445/1TH net profit at the end of the contract period .
  • And with Hashflare you will get your money back after 207 days while the contract period is 365 days so you will get a net profit about $114/1TH at the end of the contract period , so Hashflare has lowest profit between the three companies .
  • Note that there are two main factors affecting the profits  ( the bitcoin price – the bitcoin mining difficulty ) but we have assumed in our calculations that there will be no change in the price and the mining difficulty .
  • Yes the bitcoin mining difficulty has increased a lot because of the huge increase in the mining hashpower but also the bitcoin price now is about 4x the price 6 months ago .
  • Start Mining Bitcoin Now While it is still cheap , it is not too late yet and the price is expected to be at least $10000 before the end of 2018 while the price today is $4400 So Do Not Miss This Opportunity .
  • You Can also use Our Genesis Mining Promo Code “mJcnzk” to get 3% OFF when Purchase Genesis Mining Bitcoin Contract Anytime .
  • To Get The Updated Cloud Mining Profitability Report ( 23 Nov 2017 )  , Please Check Our Updated Post Here .
  • Good Luck ….
 

Leave a Reply

Up ↑

%d bloggers like this: