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RE: Genesis Cloud Mining

in #cryptocurrency7 years ago

Well, in my opinion, it is better for you to mine yourself, take this example: you buy an antminer from bitmain at a cost of 41 litecoins + delivery and PSU... then you hook it up a pool and mine, considering that the antminer L3+ has 504 Mh/s and consumes 800 watts... even though price of litecoin fell... looking at this statistics... here is the profitability:

https://www.litecoinpool.org/calc?hashrate=504&speedunit=MH%2Fs&difficulty=255206.12501282&price=37.97727&currency=USD&power=800&energycost=0.19

Bare in mind that my electricity is 0.19 USD/kWh

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