Has anybody ever thought about a NLG cloud mining service like zeushash or zenminer?.
The idea of a multipool that pays out in NLG has been brought up in the past. The problem with this though is that it would be the NLG clevermining to the other coins out there. While I could probably make a shit-ton of money on this, I couldn't in, good conscience, rape another coin for my own pockets.
-Fuse
I agree, but what i mean is not a multipool, correct me if i am wrong, but when i pay for example 16USD on zeushash.com for a 1MH/s contract for one year to mine Litecoin, does their software do the same as with a multipool, or do they really only mine LTC?. My idea was that maybe it would be possible to start a "company" like zeushash, buy for example the 300MHs(5.3USD/MH) Volcano from zeusminer, make the calculations how much in electricity and maintenance it would cost to run the miner for one year, and then sell hashrate for NLG or BTC and give people a 1 year contract to mine NLG. Some of you guys have experience setting up pools, so it would not be to complicated, making an interface for people to see their income would also not be very difficult.
The problem that i see right now is that i want to mine NLG, but the small miners are disappearing because just the shipping prevents ROI for most miners, only the big miner have much faster ROI times, but there are few people that are new to minig that take the risk of buying these big miners. Renting a miner is more expensive and is only for short time periods. The cheapest 1MH of cloud mining is 16USD, but if you were to sell 1MH to mine NLG for 30USD, it would still be profitable because the shipment for a blizzard(1.2MHS) costs 25USD. By doing this we can bring mining NLG to the masses!
