I just began my hashflare.io adventure and I want to talk about the pros can cons against GPU Mining.

I bought 2 TH/s @ $440 USD.

USD doesn't matter it's all about the BTC/Day

You can see here that my predicted income is about 1% per day ($4.35 USD/day). Not too shabby! But what I am more interested in is actually mining BTC. My last payout was 0.0002862 BTC. I think the BTC/day number is a more valid metric than raw USD.

Hashflare vs GPU Mining

For example; I also do some hobby mining using Nicehash. For $2000 I can generate myself 0.001 BTC/Day. This carries with it A LOT more risk. I have to pay power, keep the miners online and make sure I have a stable internet connection. The ROI on that is a bit less than 1%. It's also harder to scale; Graphics cards are expensive; there's a limited supply of Motherboard slots... etc etc etc. In the end it looks like it would have been a better buy to invest in Hashflare in the medium term. Will my rigs last longer than a year? Idk, but I suspect they will be making at least 1/2 or 1/3 of current revenue in 12 months.

Conclusion

Hashflare and other cloud-mining platforms serve a great purpose; to decentralize mining and also afford some of us the ability to actually get into mining. For a lot of us we can't afford to drop $4000 USD on a miner, get that setup and maintain it. It's just like how serverless computing is becoming more of a thing (it's a pain in the butt to deal with hardware). GPU Miners are typically easier and less expensive to get into however require A LOT more technical knowledge and after running the numbers they don't appear to be more cost-effective than buying raw-hashing power.

Click here if you want to join me on a quest for ROI and financial freedom https://hashflare.io/r/7801D9D8