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BITZ FREE : Return of Investm. Analysis of Bitcoin Cloud Mining Contracts (Updated on 10th JUN 2017)

by Carlos Silva Entertainment - radio broadcasting
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This is very Important Info for you, if you want to understand how everything works at BITZ FREE. So, read attently:
Return of Investment Analysis of Bitcoin Cloud Mining Contracts (Updated on 10th June 2017)
BITZFREE.COMยทSATURDAY, MAY 20, 2017
bitzfree.com offers a Free Bitcoin Cloud Mining service for the fans of bitcoin. This service is a virtual bitcoin cloud mining simulation that is actually a browser based strategy game that pays real bitcoins to the successful players. Users start with an initial 20 GHash/s (GHs) SHA-256 cloud mining power. Each time you log in you will be rewarded with random bonus points. You can convert these bonus points or your mined bitcoins to GHs to increase your bitcoin mining rate. In addition, you can steal (hack) GHs from other users or overclock your cloud to increase your bitcoin mining rate up to 250%. You can also deposit some Bitcoins to buy GHs at 500 Satoshi/GHs. The minimum deposit amount is 500 Satoshi and the payout threshold is 0.01 BTC. (1 Satoshi = 1E-8 BTC)
Here you can find a comparison list between bitzfree.com and other known cloud mining companies based on Return of Investment (ROI) ratios. We would like to keep updated this analysis to protect our users.
Att. "Link" see the whole image and zoomed by clicking HERE!
Comparison of Known Cloud Mining Contracts
bitzfree.com is a unique bitcoin cloud mining game including hacking other users and overclock up to 250%. The hacking feature is unacceptable for other cloud mining companies that sell mining contracts due to the nature of the agreement. Overclock is not applicable for classical mining contracts when considering GHs burning and 2.5x mining rate, too. Therefore, in this ROI analysis, hacking and overclocking features are not included. But in this analysis, a special user is defined called MASTER who uses bitzfree.com at optimum level and uses overclocking at 30%. In addition, cumulative effects of mining strategies and Bonus to GHs conversions are included in this analysis.

Calculation of Return of Investment Ratio

A ROI rate of a cloud mining service is calculated by dividing the overall expenditure to your income in a specific time period. In this analysis, the ROI ratio is in years.
Expenditure of a cloud mining service includes electricity, hardware and management costs.
Income is the revenue share of the cloud mining service that generates bitcoins from the SHA-256 mining process.

Assumptions

The ROI analysis is conducted according to the following assumptions,
  • Constant bitcoin mining difficulty.
  • Constant bitcoin price.
  • bitzfree Game GHs price: 0.000025 BTC ~ $ 0.07
  • bitzfree Investment GHs price: 0.00005 BTC ~ $ 0.14


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About Carlos Silva Magnate I     Entertainment - radio broadcasting

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Joined APSense since, August 23rd, 2010, From Lisbon, Portugal.

Created on Dec 31st 1969 18:00. Viewed 0 times.

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