All About BTC, LTC, ETH mining as well as other alternative crypto currencies
The Bitcoin cloud mining service Cloud Hashing is becoming more aggressive lately as they have just announced their plans to start offering $1.99 USD price per GH for Bitcoin cloud mining. Their recent merger with the hardware manufacturer HighBitCoin and the forming of the company PeerNova has apparently allowed them to do achieve really good mining performance and thus be able to lower the price for their cloud mining services. They claim that PeerNova’s new PetaOne Blade using a custom 28nm ASIC chip has a power efficiency of 0.35W per GH/s and that is half of what the KnCMiner’s new Neptune miners are said to be able to offer in terms of power efficiency.
There is a bit of a catch though, you are not able to yet get the $1.99 USD price per GHS for their cloud mining services. The mining contracts at this new price are set to go live in August and are 1 year in length and will be a limited volume available on a first come first serve basis. To take advantage of this offer you should apparently contact them company at firstname.lastname@example.org or by phone at (512)758-7847 to get more details. At the moment the price per GHS you can get with the lowest entry level cloud mining plan in terms of hashrate being offered is about $7.48 USD for the 40 GHS plan and about $5 per GHS for the 600 GHS plan. But the big question is what will be the Bitcoin network difficulty by August, especially now that KnCMiner is about to start shipping their new 3 THS Bitcoin miners. Apparently we’ll have to wait and see.
The Scrypt cloud mining service Scryptcc was one of the first to start offering Scrypt cloud hashrate using GPUs for mining alternative Scrypt-based crypto currencies and paying its users in Bitcoin. The service was quite interesting when they’ve launched, but had some issues from the start and they were a bit slow in fixing things, but lately they seem to have improved. In fact we’ve seen some similar services come and go and this one is still here and without having some major hiccups like others had. The interesting thing was that up until recently they were still using only GPUs for mining Scrypt and thus the profitability was not good at all. However there is a new announcement that they have started adding Scrypt ASICs in their new data center and report that profitability has started to get better again. Currently the price of 1 KHS is ~0.000324 BTC or about 0.324 BTC per Megahash worth of Scrypt mining hashrate at the service, so definitely not the best price. According to the profit calculator available on their website buying 1 MHS of cloud mining hashrate at the moment you can expect to break even in about 152 days. This is not the best deal we’ve seen for sure, but not the worst either.
The Bitcoin cloud mining service Cloud Hashing has lowered their prices or to be more precise is now giving more hashrare for the same price. You can check their previous prices here and now you can get 40 GHS for $299 USD, 165 GHS for $999 USD or 600 GHS for $2999 USD. With the increasing Bticoin network difficulty you would expect that a cloud mining provider will give you more GHS over time or make the price per GHS lower in order to make it more attractive for new customers. And this is one of the largest Bitcoin cloud mining services, though not the most affordable choice where you can purchase contracts for 1 year periods of time. According to their official status the service currently has a hashrate of 3.23 PHS in their dedicated pool for customers of the cloud service.
They are pushing things even further and not only offers lower price per GHS, but also try to attract new customers from competitors. We got a word that you can get a 10% increase in hashing power or 10% off the contract price if you are a CEX.io user that purchases a cloud mining contract. In order to take advantage of this promotion however you will need to contact the service via phone (512) 758-7847 or e-mail at email@example.com as the discount or extra hashrate needs to be processed manually. If you decide to try this promotion feel free to let us know of your experience.