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RE: Etherium hashrate. Build your miner or buy from Genesis Mining?
I do not agree. In business first you build with your money and then if you have a profitable business on the hand but no capital you borrow. That is exactly what genesis is doing by selling hashrate . Advantage for me as I pay less for power and hardware, and have a constant hashrate opposite to a declining one with my own miner, advantage for them as they make more profit. ...
Well you know your shit. I'll add a caveat - there are some lending models with respect to cloud mining that are legitimate.
I would sure rather have my own hardware though.
good luck. It is your option and decision. First I would advice to add power consumption, hardware cost and loss by hashrate lowering over the next 2 years....and if it's cheaper than genesis green power offer.....why not? . For me at the moment genesis is cheaper. 4x amd 280x are giving me at the moment 50Mh and drawing almost 1kw/h. and r480 is out of the question, with 600$( rx480+ some money for power) I buy 20 Mh/2 years from genesis
There ya go! I have my farm of 480s cranking hard. I like contributing to the decentralization.
Edited my post to put a few data and a picture for you at the end of the article.