HashFlare Profitability (May/June 2018)
This guide gives the current profitability of all cloud mining contracts on HashFlare. These numbers were calculated on 26th May 2018, and display the cost with and without a discount code HashFlare is currently offering for 22% off their contracts.
To compare contracts equally, we scale hashpower down to a $30 initial investment. Calculations are made using our cloud mining calculator: www.bitcoinkit.com/cloud-mining-calculators/medium
We've also posted a guide on HashFlare risks, consider reading that before investing money.
Profitability of a $30 investment in each of HashFlare's contracts:
Bitcoin (current price $7,552) NOT PROFITABLE
375 GH/s, 1 year contract
Optimistic: $0.04 per week, $2 after 1 year
Skeptical: $0.02 per week, $1 after 1 year
Ethereum (current price $602) NOT PROFITABLE
1.67 MH/s, 1 year contract
Optimistic: $0.42 per week, $22 after 1 year
Skeptical: $0.19 per week, $10 after 1 year
Litecoin (current price $121) NOT PROFITABLE
16.7 MH/s, 1 year contract
Optimistic: $0 per week, $0 after 1 year
Skeptical: $0 per week, $0 after 1 year
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