Bitcoin generation rate calculator

Bitcoin mining ROI calculator

Bitcoin Mining / July 31, 2017

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has seen a surge in users looking to purchase bitcoins for mining contracts, and we’ve done some investigation into whether our users’ claims they can make a steady 7% monthly return on investment add up. Sadly, we can’t find a realistic scenario where mining contracts will be more profitable than holding on to your bitcoins.

Please see our Bitcoin Mining Profitability Calculator here:

Realistically, we don’t think the network hash rate will stagnate and fees greatly increase, while bitcoin maintains most of its momentum. It’s a lovely future to hope for when you’re a bitcoin late comer hoping to cash in on some of the unparalleled ROI early adopters saw, but looking forward a couple years we can’t imagine $27, 000 or higher prices for bitcoin.

Although we don’t offer investment advice, we are going to advise our clients to read the blog before investing — even if it means less bitcoin volume on our trading platform.

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Company contacts: David Bruno

Source: cointelegraph.com