Investing and mining Ether and Bitcoin
5/25/2017 10:28:06 PM - Crypto








Why investment in Ether Mining or Bitcoin mining is not profitable :

Let's assume you were using cloud type of ether mining, which much cheaper and less hassle than the regular method of mining GPU-ASIC type.

The table below explain how it's unlikely to make a profit from mining ether, and you are better of buying ETHER, as the price of ether grows dramatically over time difficulties of ether mining also increase phenomenally,

In fact the last few month of the investment most people are less likely to make anything.

 

 

 *The price of ETH/USD : is a prediction.

** The Investment return of Ether is based on rough assumption of previous months.

 

 

 

1 Eth/USD Ether Return in USD* Investment Return in Ether**
1 st month 180 52 0.288888889
2 st month 198 35 0.194444444
3 st month 218 25 0.138888889
4 st month 240 18 0.100000000
5 st month 264 12 0.066666667
6 st month 290 9 0.050000000
7 st month 319 5 0.027777778
8 st month 351 2 0.011111111
9 st month 386 1 0.005555556
10 st month 424 0.5 0.002777778
11 st month 467 0.25 0.001388889
12 st month 514 0.125 0.000694444
13 st month 565 0.062 0.000344444
14 st month 621 0.032 0.000177778
15 st month 684 0.016 0.000088889
16 st month 752 0.008 0.000044444
17 st month 827 0.004 0.000022222
18 st month 910 0.002 0.000011111
19 st month 1001 0.001 0.000005556
20 st month 1101 0.0005 0.000002778
21 st month 1211 0.00025 0.000001389
22 st month 1332 0.000125 0.000000694
Total  - 160.000875 0.888893750