HashFlare reduced their rate to buy GH/s in half. Is it now profitable to purchase Cloud Mining hash power from HashFlare?
This video simplifies the numbers for you. All calculations are point in time, meaning they are made today and cannot account for any changes in any of the variables - the most volatile being the bitcoin difficulty (which has a nasty habit of just increasing). As the bitcoin difficulty increases, the profitability of cloud mining decreases.
To set up a FREE Account: https://hashflare.io/r/79B98097
Profitability Calculator used for calculations:
https://www.coinwarz.com/calculators/bitcoin-mining-calculator
Get your first bitcoin here:
Using this coinbase link will give you an extra $10USD (in bitcoin) on your initial funding if you buy at least $100USD worth of bitcoin. This is only if you are a new coinbase user funding your account for the first time.
https://www.coinbase.com/join/56f155d...
Non-US based exchange to buy/sell cryptocurrencies with low fees (save even more by paying fees using their own token BNB):
https://www.binance.com/?ref=10122038
Hey @hishak, great post! I enjoyed your content. Keep up the good work! It's always nice to see good content here on Steemit! Cheers :)
The best video proving how HashFlare works
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