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How does the cloud mining economy work?
Good afternoon everyone.
I bought some capacities on Hashflare, looked at the daily profitability, calculated the payback period (8.5 months) and the annual profit (40%). I thought that the ether will grow, and the dollar will grow against the ruble, how it all turns out! And I was about to buy 10 times more, but then I imagined myself in the place of the owners of the cloud.
They manufacture equipment, place and configure it... and then for some reason rent all this goodness to me at a good discount from the planned profit.
Why not keep everything to yourself, selling on the exchange as much as you need to cover operating costs?
I have only one version of the answer to this question: the cloud mining scheme was relevant for equipment owners at the stage of real uncertainty about the future of cryptocurrencies, in which it made sense to attract money from outside. Now, in 2017, the existence of contracts weighs on conscientious players and is a burden that needs to be got rid of. Hashflair has already refused perpetual contracts in a notification manner, which, according to the laws of the real economy, is nothing more than a scammer.
It is already clear that the crypt will be integrated into the real economy and now it must be mined and folded, in extreme cases, work with it on the exchange, but again, on your own behalf.
Where am I wrong or what do I not understand?
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It is already clear that the crypt will be integrated into the real economy and now it needs to be mined and folded
Something like this: collect as many suckers as possible and pay a percentage while the bubble grows!
According to K. Marx, money is the equivalent of labor.
Ask yourself the question of what kind of work is equivalent to cryptocurrency.
mine and stack
By the way, the principle is not bad, as is the service itself. I myself remember a bunch of reviews I re-read on it and still invested a certain amount there https://creditonline.today/ru/minings/hashflare . Now it’s completely unprofitable to assemble a farm from vidyuhi yourself, especially after the complexity of individual cryptocurrencies of interest has grown. Unless some altcoins that are protected from ASICs.
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