bitcoin mining contracts worth it

to sell when mining ceases to be profitable. For example, Pay per GHash/s would.0012 BTC / GHs for a 24 month contract. Bottom line, if you were to pay for a contract in the crypto in question, the chance that you will make back the same amount of coin is very small. If few are mining, then those few people will get all of the rewards. But dont expect to get rich doing.



bitcoin mining contracts worth it

Satoshi Nakomoto s invention.
Bitcoin, a peer-to-peer electronic cash system, opened up an entirely new frontier, not just of freedom but of occasionally outrageous profits.

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No noisy, heat generating gear in your home. Smaller chips with more power efficiency and bigger machines equals more profits. You could make money in dollar terms, but that is not the metric that you should look at, you should look at return in terms of the crypto. Id rather invest in a coin by purchasing it up front than merely hope that a mining contract pays off. What is Bitcoin Cloud Mining? Id recommend a mining contract more than I would to set up your own mining. In addition to power and hardware costs, theres the time investment.

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