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RE: Building up my Crypto Portfolio !
Hey my friend arunava! Long time no see! I´ve been considering cloud mining but I´ve yet to find some clear return of investment info about it. Since you´re already doing it, throw me a tip: which one of these services do you recommend and which plan do you recommend the most?
I´m guessing that I can calculate most returns for each algorythm using coinwarz mining calculator: https://www.coinwarz.com/cryptocurrency. Are they accurate?
I will use your referral btw, and I´m a long term investor. ;)
Yes Coinwarz is accurate but there is another two factors that you need to consider.
First is the Bitcoin Difficulty rate which increases every two weeks and second is the price of Bitcoin.
For example I have 10th/s mining power in Hashflare which is currently giving me about 18 USD per day but recently when the BTC price hit an all time high I used to get 30 USD per day.
So I'd BTC price increases tomorrow and stays high for two weeks than you will get your ROI even early.
@wolfenlord you can contact me on Discord or steemit chat if you like my username is Arunava on both of them