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 .
As we can see in the above table both genesis mining zcash contract and hashflare zcash contract are not profitable with currect zcash price and with current zcash contract prices .
If you will purchase hashflare zcash contract you will need 556 days to break even while the contract is 365 days only so you will lose about $17.00/25H at the end of the contract period .
And if you will purchase genesis mining zcash contract you will need 930 days to break even while the contract is 730 days only so you will lose about $7.00/25H at the end of the contract period .
So if you are really interested in mining zcash , you can go to genesis mining and all you have to do is just stacking all the zcash you are mining and wait until the zcash price reaches at least $400 then you can sell your zcash coins (current zcash price is $250) , In this case you will earn at least $12/25H at the end of the contract period .
Another way also to make your genesis mining zcash contract more profitable is to use genesis mining promo code “mJcnzk” and this will decrease your break even period as you will get 3% discount on all your zcash contracts purchases .
Promo Code Genesis Mining – Save 3% Using The Code : mJcnzk
Use Promo Code Genesis Mining “mJcnzk” and get 3% discount When Register or Upgrade Your Hashpower For Any of Genesis Mining Contracts ( Bitcoin – X11 – Litecoin – Ether – Monero ) .
Genesis Mining is the Largest Bitcoin mining company , Trusted by over 500.000 customers …
You will get a daily payouts with Genesis Mining…
You will get the best customers service with Genesis Mining…
Your payouts are automatically send to your crypto wallets…
With Genesis Mining, you have the option to change your mining allocation …
We recommend to purchase SHA256 contract with GM as it the most profitable contract now. It is also a lifetime contract. You use Genesis Mining Promo Code “mJcnzk” and you will get 1TH/s with only 145.50$ instead of 150$ .
GENESIS MINING ETHER CONTRACT VS HASHFLARE ETHER CONTRACT
If you are really interested in Ether Cloud Mining and you do not know which company you should choose to buy your mining contract , So we have made this comparison for you .
As you Can see in our below table , the hashflare Ether contract needs 393 days to break even while the contract period is only 365 days , so its obviously not profitable .
Genesis Mining Ether Contract needs 559 days to break even while the contract period is 730 days , so you will get about $9 profit For each 1MH at the end of the contract period .
And of course we assume here that the Ether price and the mining difficulty will not change for both contracts .
So the winner Here is Genesis Mining Ether Contract And you can increase your profit From this contract if you use Genesis Mining Promo Code“mJcnzk” to Get 3% Discount Every time you Purchase Ether Hashpower From Genesis Mining .
In case of you use Genesis Mining Promo Code “mJcnzk” , you will need 542 days only to break even instead of 559 days , so you will get $10 profit/1MH instead of $9 profit/1MH at the end of the contract period .