Is Cloud mining profitable ? HashFlare Vs Antminer S9-How profitable cloud mining vs antminer4 min read
Is Cloud mining profitable ? HashFlare Vs Antminer S9-How profitable cloud mining vs antminer
Bitcoin mining profit comparison between the bitmain antminer s9 and hashflare bitcoin cloud mining using the same pool settings (slush bitcoin mining pool) and bitcoin complexity (same dates), demonstrating the costs associated with running your own home mining operation with bitcoin ASIC miner vs bitcoin cloud mining.
We ran a single s9 antminer and hashflare cloud mining terahashes for 4 days against the same mining pool (slush bitcoin mining pool) to compare the bitcoin mining profit having approximately the same bitcoin complexity and pool fees. Bitcoin cloud mining could be a viable alternative to home mining if you do not count with the resources necessary to implement, maintain and manage your own mining operation.
Large cloud mining operations require power, space rental, cooling, management, installation and many other costs that get compounded into their maintenance fees. When evaluating a bitcoin cloud mining company you must be realistic on how mining crypto currency works with actual hardware, HashFlare Scam comments exist everywhere and in my experience they have performed as expected and my experience have been mostly positive so far.