I see a problem with cloud mining services: they offer hashpower, and not dedicated hardware. That's why if a new mining software come out, your contract will worth less, that's what happened with Genesis-Mining as you know.
It can be solved by offering dedicated hardware.
So I started to thinking about creating a cloud mining service in this way. Let's say you rent a dedicated GPU, pay once for it for 6-12 month, and it mines directly to your pool account.
It's better, because of 3 main reason:
- you always see everything in your pool, it's more reliable - you can hold the ZEC or change, your choice
- if a new mining software come out, it will be installed and you earn more
- if zcash will not worth to mine, the software can be changed to ethereum, or whatever you want in the 6-12 months.
And of course you don't have to work with hardware, but you still mining.
I did some calculation and it seems that I could do it for appr. 400-450$/6months/RX470 card - everything included.
What do you think?
Is there any interest for it?