2017 Became the Year of BITCOINmining. Is It Profitable to Do This in 2018,Is It Worth It to Mining?
2017 became the year of BITCOIN mining. Is it profitable to do this in 2018, is it worth it to mining?
Crypto Mining LTD is a proven service offering flexible tariff plans.
Cloud mining allows you to “enter” the production of crypto-currency with relatively low costs, while making a profit (although less than in mining on its own powerful equipment).
Thus, for 2018, you can recommend closer look at cloud solutions, as well as monitor the appearance of new and development of old, but undervalued altcoins, distributing computing power and investment so as to extract what is most profitable for the near future, or has the potential to growth. What will happen in the long term is difficult to predict, since the market of crypto-currency is still weakly predictable.
Bitcoin – is it profitable mining now? As it was already said earlier, by the end of 2017 the complexity of bitcoin mining jumped dramatically. Similarly, the profitability of mining has changed: for example, if on February 20, 2017, earnings on a conditional ASIC miner with a rate of 14 tehrayshes (theoretical maximum for S9) amounted to about 7.99 USD per day, now the daily return will be about 12 USD.
It is important to take into account that such growth became possible only because of the growth of the rate. If BTC was worth about 1000 USD, and revenues would be significantly lower.
It can be assumed that the complexity will continue to grow, and the production of bitcoin will become the prerogative of large farms with sufficient capacities. Mining it alone ceases to be profitable right now, to create a competitive farm, you need big expenses.
Crypto Mining LTD
One of the most popular services among citizens of the United States and United Kingdom. The company’s servers are located in Ireland, which guarantees stable operation and low risk of equipment failure. To pluses it is necessary to carry fifteen languages inside the site for convenience of using clients from all over the world, convenient interface of a site – to the beginning user it will not be difficult to understand the intricacies of work on the site. Also there is online support for consultants 24/7.
The client has 7 fixed tariff plans. Users are offered to rent servers with different types of capacity up to 3125000 Gh / s per customer. The cost of these plans ranges from $ 10 to $ 500,000. To understand how profitable to rent a capacity in this company, you can use the calculator on the main page of the site.
The company’s equipment today:
Hardware based on Solar chips at 16 nm, Neptune at 20 nm, machines – Spondoolies-Tech SP50, Bitmain Antminer S9, AntMiner S7, AntMiner S5, Antminer S3, AntMiner R4, C3SS5 (Smart Heat), Avalon 6, Spondoolies-Tech SP35 for the SHA256 algorithm.
MINER TITAN for the SCRYPT algorithm.
iBeLink DM384M for the X11 algorithm.