I had been cloudmining at Hashnest for a few months now and based on my calculations without having to reinvest most of what I earn there because I am allocating about 10% of my earnings in buying extra hash power, we could see a return of investment in less than 4 months, mainly because the price of Bitcoin had gone up so good lately that maintenance cost gets covered or partly covered so it makes ROI faster.
One thing is that there is a market inside Hashnest where you can liquidate your hashpower into BTC. Or if you want, you can do just trading and make cloudmining a second priority while waiting for your hashpower positions to buy or sell to be filled. So it is unlike some big cloudmining sites where if you buy hashpower you can't get your BTC back.
Cloudmining LTC at hashnest is the same but ROI is much faster for LTC, about 2 and a half to three months time without much reinvesting. I am basing this from last week's BTC and LTC prices but just the same, the returns are still good and sensible, with trading as one of it's attractive feature.
Hashnest uses the latest mining rigs because it is owned by Bitmain, the maker of the Antminers.
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https://steemit.com/bitcoin/@cryptopie/bitcoin-cloud-mining-is-now-profitable
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nice article
upvoted
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