ETH GPU Cloud Mining Market in 2017… Looking Grim

Arcane Strategies
Aug 29, 2017 · 6 min read

In the hopes of beating Ethereum’s Metropolis deadline on predictable mining pools, I decided to consider what short term cloud mining opportunities are available to contribute to my existing workers, before changing gears toward other alt coins. The most notable options appeared to be AWS’s EC2 GPU instances, Azure’s GPU instances, Genesis Mining, Hashflare, Eobot, NiceHash, and Crypterra.

As of the date of this article, as we approach Ice Age, the approximate cost of 1 block at a reward of 5 ETH plus uncles is roughly 1GH/s per day for 1 month…

Keep the story going. Sign up for an extra free read.

You've completed your member preview for this month, but when you sign up for a free Medium account, you get one more story.
Already have an account? Sign in

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch
Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore
Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade