Tag / cheap mining

Super profitable Bitcoin mining?

Nov 17, 2017

We would like to highlight today’s record-breaking profitability of cryptocurrency mining! The Bitcoin value just cannot stop growing, and cloud mining performance is keeping up.

See for yourself on HashFlare!

The price of 1TH SHA-256 is $150. According to calculations, daily mining profitability is $1,44. Taking the maintenance and electricity fee into the account ($0.35 per 1TH per day), we get the following numbers:

  • $1,44 - 0,35 = $1,09 – daily contract profitability
  • $1,09 х 30 = $32,7 – monthly contract profitability
  • $32,7 х 12 = $392,4 – annual contract profitability

“So why should I care about all these boring numbers” and what does it all mean? Quite simple! This means that according to the current data, the return on investment time for any SHA-256 contract is just under 140 days, while the profitability is over 260% per year.

It is high time to mine - and HashFlare still remains one of the best platforms for Bitcoin cloud mining!


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