We bought an Ethereum mining rig with the hope of retiring early

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This guide gives the current profitability of all available cloud mining contracts on Genesis Mining on 9th February Calculations are made using our cloud mining calculator: We did a similar comparison for HashFlare here. Currently Genesis are out of stock on Bitcoin, Dash, Litecoin and Monero mining contracts; so in this guide we compare their Ethereum and ZCash contracts.

Both are pre-orders that would start on 30th April this delayed start is included in our calculations. This site cannot substitute for professional investment or financial advice, or ethereum mining calculator factual verification.

This guide is provided for general informational purposes only. The group of individuals writing these guides are cryptocurrency enthusiasts and investors, not financial advisors. Trading or mining any form of cryptocurrency is very high risk, so never invest money you can't afford ethereum mining calculator lose - you should be prepared to sustain a total loss of all invested money. This website is monetised through affiliate links.

Where used, we will disclose this and make no attempt to hide it. We don't endorse any affiliate services we use - and will not be liable for any damage, expense or other loss you may suffer from using ethereum mining calculator of these. Don't rush into anything, do your own research. As we write new content, we will update this disclaimer to encompass it. We first discovered Bitcoin in lateand wanted to get everyone around us ethereum mining calculator.

But no one seemed to know what it ethereum mining calculator We made this website to try and fix this, to get everyone up-to-speed! Click here for more information on these. All information on this website is for general informational purposes only, it is not intended to provide legal or financial advice. Genesis Mining Profitability February Feb 9th, Mining This guide gives the current profitability of all available cloud mining contracts on Genesis Mining on 9th February ethereum mining calculator Pre-order contracts Currently Genesis are out of stock on Bitcoin, Dash, Litecoin and Monero mining contracts; so in this guide we compare their Ethereum and ZCash contracts.

Issues around Genesis Mining Before buying a Genesis Mining contract there are a few things ethereum mining calculator be aware of: Ethereum may move to proof-of-stake in the future.

If this happens and you own an Ethereum mining ethereum mining calculator you'll likely have to change to a different coin using the same algorithm Ethereum Classic for example. Genesis Mining ethereum mining calculator a reputation for inconsistent payouts, where sometimes you might not get paid for several months with many people claiming they've never been paid.

May 5th, What is the Antminer Z9 Mini? Written by the Anything Crypto team We first discovered Bitcoin in lateand wanted to get everyone around us involved. Never invest money you can't afford to lose.

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Cryptocurrency mining is as popular as ever, as it in theory allows you to turn idle computing resources into a passive income. The problem is, that these days you require extremely powerful, specifically optimized hardware as well as access to very cheap or even free electricity. This particular cloud instance is significantly faster than the hardware most people have at home, yet it is not specifically optimized for Cryptocurrency mining - the ideal candidate.

The hash rate of the EC2 server fluctuates between I suspect the performance varies based on what other users do on this shared, EC2 server. However, due to enormous demand, EC2 spot pricing is nowhere near what I paid in early Ethereum dual-mining profitability comparison late June What is the potential for mining with this service?

DUAL stands for dual-mining. That means, that you are concurrently mining 2 or more currencies. Appreciate the time I spend on this? Send a thanks to ETH: I respect your privacy: Unless you're using Facebook to sign in, no data is exchanged with 3rd party providers.

Either way, it'll only take a sec. Franz Geffke m f-a. Results The hash rate of the EC2 server fluctuates between What is considered baseline, the AWS instance cost? Leave a comment I respect your privacy: Contact the author Franz Geffke m f-a.