Cloud computing platform evaluation | Issue 1 | Which cloud computing platform has the best returns

Platform soft power

The first phase of cloud computing power evaluation will conduct a comprehensive analysis and evaluation of mainstream cloud computing power platforms from three perspectives: revenue , operation , and miner services . Through analysis and comparison, the operational soft power of each cloud computing power platform will be obtained for reference by miners.

The diversity of currencies supported by the cloud computing platform can reflect the platform's technical resources and operational strength.

Remark:

1. The data of supported currencies was collected on August 6, 2019. The actual supported currencies are subject to official announcement .

Profit is the most important factor for miners to consider when choosing a cloud computing platform. Sir selects the lowest computing power share of the latest BTC contract on each platform and combines the current coin price with the PPS theoretical profit to calculate the annualized profit of each platform.

Except for Bitdeer, the shortest contract period for other cloud computing platforms is 1 year, so we take the 1-year contract of Bitdeer as a reference for comparison. Generally, the longer the contract, the lower the unit computing cost.

Cloud computing platform statistics:

The income items of cloud computing power usually include: basic computing power fees, electricity fees, maintenance fees, and usually the mining pool fees that are often overlooked .

However, I think the maintenance fee is not reasonable, and 5% maintenance fee is too high.

Annualized return calculation results:

Remark:

1. The price units given by each platform are different, and are uniformly converted to US dollars based on BTC=11517.08 USDT and 1 RMB=0.14 USD.

2. The price of Bitcoin fluctuates and cannot be accurately predicted. The calculation period is calculated using the same Bitcoin price.

3. Bitdeer computing power contracts provide 120-day, 180-day, 240-day, and 360-day contract periods for miners to choose from. The longer the contract period, the lower the computing power fee. This calculation uses a one-year contract period.

4. The PPS theoretical return is taken from BTC.com data on August 6, 2019.

5. One year is calculated as 360 days, three years are calculated as 1080 days, and 18 months are calculated as 540 days.

6. There are two types of Bitcoin contracts on the genesis mining cloud computing platform: Radiant Classic calculates maintenance fees, and Radiant Zero does not.

7. The formula for calculating annualized return is: Annualized rate of return = [(investment return/principal)/number of investment days] × number of days in a year × 100%.

Payment methods are divided into two mainstream methods: digital currency and legal currency. Large cloud computing platforms usually support both methods.

Remark:

1. For credit card payments, the platform can usually charge a payment rebate commission.

Bitdeer currently supports AntPool, BTC.com, F2Pool, ViaBTC, and BTC.TOP. Users can also view the operation of mining machines in the mining pool through the observer link. Other cloud computing platforms do not have this function. Therefore, it is impossible to know whether the computing power is connected to a real mining machine.

1. Niubit has the most complete customer feedback channels and can meet most customer requirements.

2. The genesis mining cloud computing platform mainly serves foreign miners, so there is no commonly used domestic feedback channel.

• The ranking of cloud computing power annualized rate of return is:

Bitdeer > WAYI > 牛bit > rhy > genesis-Radiant Classic > genesis-Radiant Zero

• genesis-Radiant Zero annualized to negative.

• Only Bitdeer miners can check the operating status of mining machines at any time, making it open and transparent.

• Bitdeer's minimum computing power share is 50T, so the minimum order price is relatively high, please pay attention to it, miners.

• The results of the second phase of cloud computing platform evaluation (beesbit rockminer bitcoin.com)