Zcash cloud mining calculator ltc coin

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I consider 5 cryptocurrencies: Coins exchange average rates from coinmarketcap API at June 30, Last month I'd posted initial research. Cloud mining proposal consists of the mining cost for hash rate and maintenance fee for offered power.

I've took the mining price list from hashflare. Below is shown calculation graph examples for USD investment for each of considerate currency. The "outcome" line presents our expenses growth per day from USD initial payment for hash rate power.

Our revenue presented by "income" line. The "profit" line is the difference between "income" and "outcome". Since the cost for mined coins are higher than maintenance fee, the income is increasing faster that outcome. When income line cross outcome line, the profit changed to positive - it is a point of investment return.

The Ethereum looks more profitable now and have no maintenance fee, but ETH contract is limited to only 1 year. Ethereum blockchain will probably switch from PoW to PoS consensus protocol till the end of Cointelegraphso mining PoW rewards turned off and investment may not returned. Keep in mind that network mining complexity is constantly increasing and hash rate power you've bought will not cover maintenance fee in future. In that case only coins exchange rate growth could compensate your investment.

Anyway, this is just my small research and not an investing recommendation. Yes, the growing price could compensate mining expenses. In other hand, rising mining difficulty leads to less coins to mine and maintenance fee will eat profit.

Is it cloud mining profitable? ETH return in days investing: The Python script is available on github. Authors get paid when people like you upvote their post. I think the bitcoin is still the king in mining because of the price.

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