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RE: 💹 Buying Ether VS Ethereum Cloud Mining: What is more profitable for long term? 💲 (English/German)
I disagree... had the same scenario..the cost of an Ether mining contract with Genesis I could have bought 5.2 ETH ...mined less than 2. Bought ZEC mining with Genesis.... never going to make half the amount I spent.
@themagus Yes last year it was more profitable to buy Ether. If you invested 50€ in ETH Cloud Mining last year, you received about 2.2 Ether until now. If you had bought Ether for 10$, you would have 5 ETH. But now with the high ETH price, I calculated that Cloud Mining is much more profitable than buying ETH. (Increasing mining difficulty is not included in the calculation) Only after 1 year you will mine more ETH for the same price as if you buy Ether directly for the current price.
Okay @future24, I take your word for it because I am too lazy to do the maths {smile}... but I will not buy mining power again. Just my take.
Yes, everyone should do it as they want. Im definitely reinvesting in Ethereum Cloud Mining Contracts again in the moment. I will not buy Ether directly. Are you buying Ether in the moment?
I have a few, but am not actively buying at the moment