I have been considering doing hosted mining for the past few days. I couldn't get past the question: Why would a company choose to host my miners for a fee rather than just mining themselves?
I think I may have figured it out but maybe I'm missing something.
Lately, the network hash rate has been increasing by 250M TH/s per year. I calculated a simple payback period of around 5y for most of the hosted miners I looked at. By then, those miners wouldn't be profitable any more.
Anybody else looked into this?