2017 was the year of BITCOIN mining. Is it profitable to do it in 2018, or is mining worth it?

2017 was the year of Bitcoin mining. Is it profitable to do this in 2018, or is mining worth it?

Crypto Mining LTD is a proven service that offers flexible pricing plans.

Cloud mining allows you to “enter” cryptocurrency mining with relatively small costs, while making a profit (although less than when mining on your own powerful equipment).

Therefore, for 2018, it is recommended to look closely at cloud solutions, as well as to monitor the emergence of new and the development of old but undervalued altcoins, allocating computing power and investments in such a way as to mine what is most profitable in the near term or has potential for growth. It is difficult to predict what will happen in the long term, as the cryptocurrency market is still poorly predictable.

Bitcoin – Is Mining Profitable Now? As mentioned earlier, by the end of 2017, the difficulty of Bitcoin mining had skyrocketed. Similarly, the profitability of mining has also changed: for example, if on February 20, 2017, the salary on a conditional ASIC-Miner with a rate of 14 tehraishes (theoretical maximum for S9) was about 7.99 USD per day, now the daily profitability will be about 12 dollars.

It is important to consider that such growth became possible only thanks to the increase in the rate. If BTC was worth around $1,000, then revenues would be much lower.

It can be assumed that the complexity will increase and Bitcoin mining will become the prerogative of large farms with sufficient capacity. Mining alone is now no longer profitable, and it takes a lot of money to create a competitive farm.

Crypto Mining LTD

One of the most popular services among US and UK citizens. The company’s servers are located in Ireland, which guarantees stable operation and a low risk of equipment failure. The pluses include fifteen languages ‚Äč‚Äčinside the site for ease of use by clients from all over the world, a convenient site interface – it will not be difficult for a novice user to understand the intricacies of working on the site. There is also 24/7 online support for consultants.

The client has 7 fixed tariff plans. Users are offered to rent servers with different types of power up to 3125000 Gh / s per customer. These plans range in price from $10 to $500,000. To understand how profitable it is to rent capacity from this company, you can use the calculator on the main page of the website.

Company equipment today:

Hardware based on Solar 16nm chips, Neptune 20nm machines – Spondoolies-Tech SP50, Bitmain Antminer S9, AntMiner S7, AntMiner S5, Antminer S3, AntMiner R4, C3SS5 (Smart Heat), Avalon 6, Spondoolies-Tech SP35 for the SHA256 algorithm.

MINER TITAN for SCRYPT algorithm.

iBeLink DM384M for X11 algorithm.

New products:

The novelty is computing devices based on 28 nm chips of the latest models and 16 nm BitFury chips, which are leaders in energy saving.

To go to the company website, go to: https://crypto-mining.ltd

24/7 customer support