![]() ![]() ![]() Of course this cloud mining idea quickly took off as people are always looking for new ways to make money online, however how legit and profitable are these cloud mining contracts? That’s exactly what I’m about to unveil in the following post. ![]() You do not need to deal with the electricity costs, cooling down the miners or storing them, all you need to do is send out a periodical payment and you are all set. With cloud mining you can rent mining equipment from a company that will give you back the profits from your rented mining rigs. The only exception is if you have very low electricity costs and manage to mine efficiently for at least 6 months without any major changes in this competitive landscape.Īnd that’s one of the reasons cloud mining was born A seemingly sophisticated way to allow people to jump on the Bitcoin mining bus without the need of costly expenses. However since then, the mining difficulty has increased immensely and today it is almost impossible to with your own hardware. Back then you could mine Bitcoins pretty easily at home and make a very nice profit on the exchange rate. Many people wished they had not missed the Bitcoin mining bus before the great Bitcoin boom started back in 2013. Convert amounts to or from EUR (and other currencies) with this simple Bitcoin calculator. See the live Bitcoin to Euro exchange rate. Do not enter commas, only dots for decimal separator. Enter your set up information in the form below. Bitcoin Profitability Calculator – BTC Mining Profit Calculator. ![]()
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