- If you are choosing cloud mining, you’re probably wondering: Hm, what to choose? Will I make the profit?
So, I will help you which cloud mining to choose.
Let’s see how much bitcoin cloud mining actually costs.1. The price of 1 Th/s bitcoin cloud mining at:
Hashflare: $80 right now for 1 year contract.
Genesis mining: $180 right now for open-end mining contract (mining lasts as long as it is profitable).
2. Let’s see if it is profitable:
For calculating profitability I use the site called “whattomine.com”
1 Th/s per year will yield:
$228.72, without pool fee.
So it is profitable, but it is at your own risk due to the mining difficulty changes, bitcoin price etc.