Questions tagged [cloud-mining]
Refers to mining setups that rely on rented mining hardware.
29
questions
3
votes
1answer
91 views
Cloud mining contracts [duplicate]
I don't get it. How it can be profitable even in theory? F.e. if someone has a machine that earns say 2$ per day, why would he want to lease this machine for 1$ for some stranger and give him this 2$ ...
1
vote
1answer
97 views
What does cloud instance owned means?
I am using this website for cloud mining cryptocurrency for free. I was reading about How the Cloud Mining/Hashing Works when I came to this point in which says
(Cloud SHA-256) SHA-256 algorithm, 1.0 ...
0
votes
1answer
416 views
What is the pool in Nicehash?
I am new to Bitcoin and recently have invested in bitcoins. I came across Nicehash when I was planning to get into Bitcoin mining. I understand that Nicehash gives you an option to rent hash power for ...
0
votes
1answer
3k views
Can High CPU Droplets from Digital Ocean be used for Bitcoin Mining? [duplicate]
Can the High CPU Droplets from Digital Ocean be used for Bitcoin Mining? Can they compete with GPUs?
Digital Ocean High CPU Droplets
0
votes
4answers
956 views
Hashflare: cannot go back to Not Reinvest
Does anybody know why I can't go back to "Not reinvest" with hashflare ? Thanks.
0
votes
1answer
657 views
How can I avoid the “Amount too low” message in my wallet for payout from Cloud mining service?
1) I have a Bitcoin-wallet called "Copay" on my IOS-device
2) I have joined the cloud mining-service "Genesis mining". For trying out the service I started with 50 $ from my credit card.
3) here is a ...
0
votes
1answer
74 views
Buying a hashrate makes any sense?
I want to start mining through one a cloud service and seems that hashflare.io is a good one. So when I go to the "Pricing" section of the website is say's that I can pay USD $1.20 per 10 GH/s.
How ...
1
vote
2answers
5k views
Microsoft Azure VM selection for optimized mining
I've come across a decent amount of Microsoft Azure credit and want to use it to to mine cryptocurrency.
I am writing to ask:
which computer to run the VM on - Azure provides a number of machines (...
1
vote
2answers
674 views
Is my profit calculation for Genesis mining correct?
The Diamond plan for Litecoin mining promises 200 MH/s for $2400 for 2 years. From the profilatbility calculator, it comes out as $555 per month profit without electricity charges(which wont be there ...
0
votes
2answers
525 views
How can I calculate the profitability of this dash cloud mining contract?
I'm looking at a cloud mining contract by Genesis Mining at $500 for two years mining with 100 MH/s for Dash. The current network hashrate is 2550 MH/s. The mining reward is 3.6 dash per block, and ...
7
votes
3answers
17k views
Is a cloud mining subscription worth it?
I just started investing in Bitcoin and before I actually implement it, I want to verify my strategy / steps.
1) I made a wallet account on blockchain.
2) I want to purchase subscription from ...
1
vote
3answers
338 views
Worth investing in to a cloud mining companies?
Worth investing in to companies like hashflare.io or genesis-mining.com?
Hashflare:
During black friday there's discount - 1TH/s for 100$. Maintenance fee for 1 TH/s is 0.4$ == 0.0005 BTC.
1 TH/s ...
3
votes
2answers
2k views
How can I mine Monero or other altcoins using Azure Cloud Services?
Is there any way by which I can mine Monero or other altcoins using Azure Cloud Services.
0
votes
1answer
323 views
I can't access my wallet at Bitknock cloud mining anymore [closed]
I was doing mining with Bitknock but they closed the website without informing us.
I can't access my wallet. Here is my wallet address
fnwg643zjnfwsqks
What must I do now? Should I acknowledge ...
0
votes
2answers
6k views
Connecting Genesis Mining to a bitcoin wallet
I am a noob to bitcoin and want to know a few things-:
I saw the Genesis Mining pricing here. Now my question is that if I use cloud mining can I transfer that amount to my Bitcoin wallet ? Like ...
0
votes
2answers
211 views
Can I pay someone else to operate a miner on my behalf?
Is there a company or individual out there that sells Bitcoin miners and holds them under their supervision for a fee? If so... I'd like to know.
1
vote
1answer
499 views
Are there any legitimate cloud mining services?
Are there any cloud-mining services that you can earn Bitcoin with and aren't Ponzi schemes?
4
votes
1answer
699 views
When is it a good time to invest in Cloud mining?
I bought bitcoins a while ago, an investment, but have now been reading up on cloud mining.
Due to the cost of bitcoins rising, is now a good time to invest in cloud mining?
4
votes
6answers
12k views
How do I make a profit buying cloud-hashing contracts?
I have tried one of the hashpower selling/buying website (nicehash) to buy hashpower. I have connected my order to a pool where I had one worker.
However, despite all the advertisements, I could not ...
1
vote
3answers
562 views
Which is best for mining bitcoin?
I am wanting to buy a hardware for mining bitcoin and namecoin using Bitminter. But then Genesis Mining offer online cloud mining. I want to know if it's better to buy a hardware for mining bitcoin or ...
6
votes
4answers
1k views
How do cloud hashing companies profit? (leasing hashing power)
I think I'm missing something. There are a bunch of cloud hashing companies that lease hashing power. Let's take cointellect for example. They have contracts from 10 days to 24 months. If I buy a 10 ...
0
votes
1answer
4k views
How do mining contracts work?
How do mining contracts work?
I see mining contracts but how does it work?.
What happens when I buy one? .
I've seen multiple mining contracts I don't know whether the prices are worth it because I ...
1
vote
4answers
4k views
Alternative Cloud Hashing sites to Cex.io [closed]
I am really impressed with Cex.io and their whole concept of trading Ghs for Bitcoin as well as cloud mining which I find to be novel and interesting.
Are there any other sites like that? I know ...
0
votes
1answer
2k views
How can I calculate the bitcoin per day from mining in a pool?
So, I'm trying out http://cex.io, a cloud based hash market. They use the pool http://ghash.io which uses "PPLNS" for distribution of funds(?)
Given that I can see how much total hashing power is in ...
0
votes
1answer
216 views
Is there some resourses where I can sell pc time for mining?
is there some resourses where I can sell pc time for mining. I'm not talking about project where people set "some software" on pc and recive 1$ per day, that was popular on time low cost mining of ...
1
vote
1answer
322 views
Is it correct to assume that the price of cloud GH/S will vary proportionally with the difficulty change?
For example, today on CEX.IO I can buy 1 GH/S for 0.08 BTC. From my understanding, a change in difficulty is imminent and will increase roughly by 20% (http://bitcoinwisdom.com/bitcoin/difficulty).
...
-3
votes
1answer
2k views
4 Questions for mining bitcoin in cloud [duplicate]
I have four questions about the general mining bitcoin in the cloud.
I have a unlimited bandwith web hosting . Can i mining bitcoin with web host ? (my web host support : CGI, PHP, ASP.NET, SSI, ...
5
votes
1answer
1k views
What is a good way for someone to purchase Mining Bonds? [closed]
GLBSE is down, and so is PureMining, which used to give deterministic hash rate yields.
What are the alternatives? If someone wants to invest in Bitcoin mining, but doesn't want to own & operate ...
10
votes
6answers
7k views
Why would someone rent hashing power?
I have seen some people on the bitcointalk forum looking for hashing power to rent (here is one example) and usually they pay more to rent the rig than they would earn by selling the mined coins at ...
