I’ve rented my rig out for about 15-20% more than what I could mine directly for. But why are people renting my hash at this rate?
Renting my rig to mine a coin still costs less than buying the coin from Coinbase. Is that why?
I’ve rented my rig out for about 15-20% more than what I could mine directly for. But why are people renting my hash at this rate?
Renting my rig to mine a coin still costs less than buying the coin from Coinbase. Is that why?
Depending on the coin.
What’s the numbers?
I haven’t found a single coin that you cloud mine that gives you more coin than you paid for.
But I did find that if you want 1 LTC it will cost you less to have someone mine it for you than buy it from Coinbase as an example. You can arbitrage it.