Hell NO! It's a lost game!
@nicehash get back to this post in case you know how we can profit from your system.
General Observations
I have done the math for BTC and Ethereum and their formula appears to be giving a 30% loss on ethereum and ~90% loss on BTC mining.
Yours to judge and comment... Can't wait to see how you all make it happen with nicehash cloud mining.
Personal Experience
COST:
0.01590800 BTC + 0.00059200 BTC FEE = 67.65 USD
EARNED:
0.23892 ETH = $ 69.30768
I actually mined Ethereum on NiceHash with etherminer.org pool pointed to US server and paid the following
0.01589177 ETH
I had at the same time my own rig generating 129 Mh/s steadily.
I was supposed to get 0.2516 ETH or worse case 0.24097776 ETH. Neither happened although, I have my 6 GPU rig on it, as well.
Observations:
- The hash rate was dead at multiple instances.
- It did not run for a full 24 hour since the hash rate somehow as elevated to 2 GB instead of 1 GB/s
- Multiple negative Deltas and rejections.
