After one full day of waiting around hoping for some returns Hashflare showed my first day of revenue.
The first thing I noticed was what the fee was. It is a daily fee of $0.0035 for electricity & maintenance (per 10GHs), this is good, as I thought it may be hourly (in which case I'd have made no profit).
My metric for determining whether this was a profitable endeavor was whether or not the earnings were greater than lending BTC on Poloniex at an average rate of 0.15% / day returns.
Happy to say, it is. It is around 0.45% per day at the current return level. This could change dramatically as the price of BTC changes, as well as the hashrate for the bitcoin network. But, it is just over 3x more profitable than lending is on average at the current time. However I put $3.60 into SHA-256 Hashes yesterday morning, and I will never get that back. With lending, you keep your principal, and earn interest. So that is something to consider heavily, and I will have to think pretty hard about whether losing the principal is worth the extra gains..!
Hopefully this info was useful!
Nice
The price of btc will have to triple for you to roi, and that's only if you keep the btc...