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 .
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