Hashflare Mining Day 1 - Profitability Calculation Question. Why do I lose money?

in #hashflare7 years ago (edited)

I want to try out Hashflare but I must be doing something wrong on the calculation.

I want to buy 40 MH for $880. This is a 1 Year contract.

When you calculate the revenue, I would lose money since it takes 556 days to break even.

In the 1 year, I would only get $576 back. I won't even bother with the simple math to calculate the loss.

What's going on guys? I'm a newbie. Any advice?