Free cloud mining litecoin calculator
I consider 3 quite popular cryptocurrencies: Bitcoin, Litecoin and Ethereum. Coins exchange average rates for May, 28 from coinmarketcap API:. Cloud mining proposal consists of the mining cost and maintenance fee for offered hash rate power. I've took the mining price list from hashflare. Below is shown calculation graph examples for USD investment for each of considered 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 free cloud mining litecoin calculator cost for mined coins are higher than maintenance fee per day, 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.
Keep in mind that network mining complexity free cloud mining litecoin calculator 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. Who knows what the price will be in one year? I've transfered SBD rewards from the free cloud mining litecoin calculator to you.
I Invest much money in cloud mining. With that i have not so good experience It gives not so many good options If you are interested how your ROI compares to cloudmining contracts; I test and compare all the largest cloudmining contracts with actual proof of mining gear in a google sheet file. I regularly update it so everyone can get the best deal for their money at any time! I also describe all the criteria you should take into account before buying a cloudmining contract.
If you are interested you can find it on: Is it cloud mining profitable? Let's investigate what services are proposed now. Image source I consider 3 quite popular cryptocurrencies: Coins exchange average rates for May, 28 from coinmarketcap API: Annual profit is The investments in LTC Scrypt mining will return in days.
Annual profit is 1. The source code on Python is available in github. Authors get free cloud mining litecoin calculator when people like you free cloud mining litecoin calculator their post. It is a good point!