Search, order and filter through all Bitcoin mining companies, mining pools, bitcoin mining equipment and ASICs and ethereum cloud mining contracts Prices are updated. Ethereum Mining. Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. Ether, the platforms own native cryptocurrency is mined with the “Eth-hash” algorithm. Earned Ethers can be. Ethereum Mining Calculator and Profit Calculator. Buy / Sell Ethereum Instantly Elements. Hash Rate (MH/s):, Power (Watts):, Power Cost ($/kWh). Difficulty: Block Reward: Pool Fees%. ETH/BTC: BTC/USD Value: Hardware Costs (USD). Ethereum Cryptocurrency Mining Summary. Days to generate one block. Genesis mining Monero profitability Find out the return on investment for Genesis mining Monero contracts (also known as CryptoNight). Here is a summary of the topics covered in this article: • Why mine Monero – Monero is a fast-growing currency focused on privacy • Risks and rewards – Mining difficulty and XMR value are two factors to consider when evaluating the return on investment. • Return on Investment – 415% after 2 years, assuming no changes in value or mining difficulty. Breakeven point – 175 Days to get your investment back. • Coupon: Use code “ 6bXKwD” and get 3% off every What is Monero and Why is it Popular? Monero is a privacy based coin. It solves a major issue with Bitcoin, which is privacy. All bitcoin transactions are public, including information such as the senders address, amount sent, and receivers address. To make matters worse, blockchain explorers can see exactly how many bitcoins are in the wallet, where the funds are from, and where bitcoins are sent. Monero solves this problem by hiding the sender, receiver, and amount sent. • XMR – The symbol of Monero • Privacy – Monero protects the privacy of the sender and receiver. • Scalability – Monero has cheaper transaction fees when compared to Bitcoin. What is Monero mining Mining in simple terms is processing transactions for the Monero Network. Miners gather real-time transactions and bundle them together into a ledger known as the blockchain. It’s very similar to what accountants do, just that it’s done by very powerful computers. Because you do work for the Monero network, the network pays you, that’s why mining is profitable. Monero uses the CryptoNight algorithm. Genesis Mining Data Center = rows of computers Genesis Mining Monero Contract When you buy a cloud mining contract, Genesis Mining sets up all the hardware for you and automatically starts mining on the Monero network. The result is: • Daily payouts – You get paid on a daily basis for mining (processing transactions for the Monero Network) • No technical knowledge required – The mining computers are set up and managed by Genesis Mining. • No maintenance fees – Genesis mining manages all the machines • The more hash power you buy, the more payouts you get – thus increasing your rewards. Is Genesis Mining Profitable? Using Genesis Mining to mine Monero can be very profitable, with up to 200% return on investment. However, there are factors that can influence the return on investment of cloud mining: • Mining Difficulty – Mining is competitive, the more Monero miners the less each miner earns. Difficulty increases as the numbers of miners go up, decreasing the return of investment. Unfortunately, predicting mining difficulty is very difficult and is a potential risk that can reduce profits. • Monero Value – Monero is a digital asset and its value can go up or down depending on the trading market. Monero Mining Calculator Genesis mining Profitability calculation The Return on investment for genesis mining Monero contracts are calculated as follows(): • Hashrate: 300 H/s • Price: $242 USD (assuming 3% discount using coupon “ 6bXKwD” • Difficulty: Results: NOTE: Difficulty and XMR value changes are not taken into account in this calculation. The results of this calculation represent the MAXIMUM XMR that is possible with the contract. Increases in difficulty will reduce the returns. • Daily Payout: $1.38 (024 XMR) • Monthly Payout: $41.36 (0.746 XMR) • 2 Year Payout: $1006 (18.1 XMR) • Return on Investment: 415% Return on Investment • Break Even Point: 175 Days Review: 4.8/5 Monero contracts have greatly improved after Genesis Mining reduced the contract price by 1/3 (do to hardware improvements). The value of Monero has also gone up exponentially, heading a good value. There might be a better coin to mine soon. Z probably take over most of the share of the market that monero has, and take a toll on ETH at the same time. Yes Zcash is a possibility, but there is as yet no publically available GPU miner. A few organizations have GPU mining software for Zcash but they are either going to use it themselves or they are selling 'cloud-mining' contracts. I bought 5 h/s Zcash GPU mining at Genesis mining and that wasn't cheap! Maybe soon after Zcash mining starts on 28th of October someone will leak a public GPU miner or maybe not. Another consideration is that when it starts, the block reward will be very low and will gradually increase, so if you start mining Zcash from the start, you may get very little at first. And as far as I can tell there isn't even any proper wallet software for it yet so where the hell do you put your mined Zcash anyway? Yes Zcash is a possibility, but there is as yet no publically available GPU miner. And as far as I can tell there isn't even any proper wallet software for it yet so where the hell do you put your mined Zcash anyway? There will be. I thnk that eye above your triangle is broken. Maybe too much tap water causing calcification on the pineal? Do they even have fluoride in tap water down under? And why does someone downunder have such interest in the great seal of the united states??? Kind of strange, curious crypto is the biggest threat that the fed has ever seen. That bill that you get your avatar from may not have a very long life ahead of it. At least not a very valuable life ahead of it. Yes Zcash is a possibility, but there is as yet no publically available GPU miner. And as far as I can tell there isn't even any proper wallet software for it yet so where the hell do you put your mined Zcash anyway? There will be. I thnk that eye above your triangle is broken. Maybe too much tap water causing calcification on the pineal? Do they even have fluoride in tap water down under? And why does someone downunder have such interest in the great seal of the united states??? Kind of strange, curious crypto is the biggest threat that the fed has ever seen. That bill that you get your avatar from may not have a very long life ahead of it. At least not a very valuable life ahead of it. The 'great seal' as my avatar is just an ironic joke. We don't have tap water down under - what is a tap anyway? We just have dead crows in our water because it all comes from the billabong. Of course, the dead crows are injected with mind control chemicals before the Evil Corporation throws them in.
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