Posts Tagged ‘Dash cloud mining

The last year or so was tough for all miners, including companies that were offering cloud mining hashrate such as Genesis Mining and their customers as well. It seems however things are getting back on track for mining as there are new offers for DASH (X11) cloud mining coming from them at prices that actually seem reasonable and even profitable with the current far from great market conditions. The cloud mining contracts are with 2 years term and $0.00001 USD per MH/s per day maintenance fee, furthermore after running the numbers through a mining calculator you can earn back what you have invested in about a year (taking into account the current mining difficulty and price of DASH). You can also use our special discount code CryptoMiningBlog5 to get some extra discount and get even better price should you decide to give their services a try.

What we would like to see however in such an offer are more options to mine X11 crypto coins with the hashrate you can purchase as currently it is only usable for DASH mining directly and you can switch to a number of other cryptos that aren’t X11. This means that you can mine DASH and then it is being automatically sold for BTC, LTC, DOGE, XMR, ZEC or BTG and you get paid the amount if you do not want to get directly DASH coins. With a booming mining market this might be fine, but in conditions like at the moment having more flexibility is what miners are looking for and companies offering cloud mining and looking for customers should be able to offer more flexibility to their users in order to make their offers more attractive.

Fore more details about the current DASH (X11) Cloud mining offers from Genesis Mining…

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The cloud mining service provider Genesis Mining now offers more Ethereum cloud mining hashrate after briefly being out of stock due to the high user demand. Unfortunately the return of more available Ethereum cloud mining hashrate for sale comes with a significantly higher price per MHS than it was available for before. Previously 1 year mining contracts were available at $17.99 USD per MHS with all included fees for the term of the contract and now the price is set at $44 USD per MHS for the same terms or more than double the old price. One can argue that in the recent days there has been a significant jump in the exchange rate of Ethereum’s Ether (ETH) coins on the market, more than double, and the performance per GPU is lower because of the increasing DAG size, but it is not clear if this will be a long term price increase or it is just temporary jump. So while at the old price the Ethereum cloud mining contracts were very attractive, but they are not anymore now that their price has been significantly increased… will have to wait and see. Meanwhile should you decide to purchase some Ethereum cloud mining hashrate you can get an extra 5% discount from the regular price by using our special promotional coupon code CryptoMiningBlog5 during the checkout.

You can get more information about the new Ether Cloud Mining Contracts by Genesis Mining here…

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The Bitcoin network difficulty is skyrocketing lately and as the trend continues buying ASIC miners or cloud mining hashrate at the old prices that were available for the last few months was not a very good idea as the mining profit dropped significantly even though the BTC exchange rate has risen as well. Today Genesis Mining has announced a significant decrease in the price of Bitcoin cloud mining hashrate as well as a reduction in the maintenance fee thanks to the deployment of new mining hardware. The new prices are as follows: $26 USD for 100 GHS ($0.26 per GHS) Lifetime Bitcoin mining plan, $499 USD for 2000 GHS hashrate ($0.25 per GHS) and $2400 USD for 10 THS ($0.24 per GHS). These new prices are for new purchases of hashrate at the service and they also come with new lower maintenance fee of $0.00055 USD per GHS down from the old fee of $0.00069 USD per GHS per day. This should make new purchases of Bitcoin cloud mining hashrate more profitable for the time being, though it seems that the total Bitcoin network difficulty is continuing to grow quite rapidly so you should think well before doing an investment in mining hashrate and that goes not only for cloud mining for BTC.

The cloud mining service still offers X11 cloud mining hashrate as well via GPUs, but it has been temporary out of stock of Ethereum (ETH) cloud mining hashrate due to the high demand that is associated with the recent serious jump in the price of the Ether coins. We are being promised that there will be new GPUs installed soon and more Ethereum cloud mining hashrate should become available for miners that are interested in purchasing such. If you decide to purchase some cloud mining hashrate do not forget that you can get an extra 5% discount from the regular price by using our coupon code CryptoMiningBlog5 during the checkout, so do take advantage from that special offer.

You can get more information about the different Cloud Mining Contracts by Genesis Mining here…


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