Worth investing in to companies like hashflare.io or genesis-mining.com?


During black friday there's discount - 1TH/s for 100$. Maintenance fee for 1 TH/s is 0.4$ == 0.0005 BTC.

1 TH/s gives 85-90000 satoshi - 50000 satoshi MEF = 35000 satoshi profit (0.257809$) * 30 = 7.71$ per month, 7.71*13 ~ 100$. So, ROI is 13 months...

But profit for 1 TH/s would vary during a year. So 90000 satoshi per 1 TH/s might be even lower, right?


Yes, profit will be even lower. Hash rate has grown from 540 PH/s to 1800 PH/s in the last year. At that rate it will take much longer than 13 months for your ROI.

  • if hashrate goes down for some reason, then payouts would be higher again? Can we predict total hashrate for the next year? – Alexander Kim Nov 25 '16 at 10:17
  • 1
    Yes, but why should that happen? And no, we cannot. You also have to consider the price development of Bitcoin. In the past years it was always a better deal to just directly buy bitcoins unless you ran your own large mining operation with access to very cheap power. – Murch Nov 25 '16 at 10:31
  • so with my own ASIC's i would get better results? – Alexander Kim Nov 25 '16 at 10:55
  • It depends. What is your power price, how large will your operation be? If your hardware breaks you're clearly worse off if it's your own instead of theirs… I've written more here: When is it a good time to invest in Cloud mining?, also see the other linked questions. – Murch Nov 25 '16 at 13:06

Cloud mining can be profitable and ever well-profitable (some contracts have over 200% profit predictions) but you need to choose company and contracts wisely!

There is lot of scam on this market and ever trustworthy companies can have non-profitable contracts (like it happened with Dash contracts after ASICs for Dash mining were invented).

I have written detailed analytic article about cloud mining - Cloud Mining - FAQ, Profits & Risks .

It's big, detailed and explains most common questions, compare companies on the market and contracts available. There is also interesting profit calculations there which will help to choose wisely.


Definitely, Cloud mining can be profitable and ever well-profitable but you need to choose company and contracts wisely and watch out for the risk involved well in advance.

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.