Hazilikan Posted November 4, 2019 #1 Posted November 4, 2019 Since October 2019 CNX cloud mining has been supported by bitcoin mining. Now you can buy coins in "CNX exchange" section only making a deposit to cloud mining and holding it for 1 year. Cryptonex uses the funds obtained from sale of cloud mining coins to buy and place bitcoin mining equipment to locations with cheap electricity at engineering infrastructure of Coinmint, RMC and other partners. The profit from cloud mining is 11% annually, 1% is charged for twenty-four-hour support of the mining pool. Also Cryptonex provides a 10% bonus to the deposit amount. Thus, at the moment, the profit from cloud mining is 22.1% annually, excluding increase in the rate. I'm now into it. I bought some cnx and sent it for cloud mining. The great thing was that I also received 1 cnx as a gift as a new user. Another great news was that cryptonex increased by 600% since that time and keeps growing. What do you think of it?
SantaClaus88 Posted November 4, 2019 #2 Posted November 4, 2019 As of now mining crypto isnt profitable network hash get lower and will get lower after btc halving on may..you can only binefit on mining if btc back to 15k usd..
Ali saher Posted November 6, 2019 #3 Posted November 6, 2019 I thing mining not profitable if price down
williamshennie9 Posted December 23, 2019 #4 Posted December 23, 2019 On 11/4/2019 at 12:04 PM, Hazilikan said: The profit from cloud mining is 11% annually, 1% is charged for twenty-four-hour support of the mining pool. Also Cryptonex provides a 10% bonus to the deposit amount. Thus, at the moment, the profit from cloud mining is 22.1% annually, excluding increase in the rate. The main problem with this is the price volatility of the crypto market in general. Even if you earn good returns in bitcoin, it is pointless if bitcoin's value goes down to $1000 or something.
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