Testing Zeus Hash (and others)
So there was a giveaway for new sign-ups to Zeushash of 1Gh/s of SHA256 and 0.1Mh/s of Scrypt. It was a VERY slow sign up because the confirm emails got stuck in spam ... but eventually i set up my account and added Google Authenticator.
The site is extremely simplistic, one of my pet hates, elegant does not mean retarded. On the other hand you can see your per-block income.
They don't seem to explain their overheads but i read somewhere that for SHA256 it is 3c per Gh/s which seems unrealistic and very bad for profit. That is reflected in the tiny income for bitcoin mining - even if it is admittedly a free GH.
The Trade Menu allows you to buy more mining contracts, lifetime, like Genesis, ZenCloud and others - but if there is an advertised overhead it isn't where i have found it yet. I read in another review about their high electricity costs. So many cloudmining rental companies seek to rip you off, they want to get their guaranteed cut and leave you the leftovers. It is expected for them to make money sure, but if they play on ignorance and hype this shows they have no long-term business acumen. They don't admit they are uncompetitive in the market or no promise to reduce the overheads as the others have said they would.
So, i think it would be very, very slow to ROI your mining contract investment with Zeus. Only worthwhile if you bet on them getting their shit together in future and remaining (becoming) competitive. I may buy a few Mh of Scrypt Litecoin mining and keep my eye on them but only if i get some cryptocurrency spare to play with.
Zeus is another company who i guess see the evolution of manufacturer to cloudmining offer. What we need to know is if they have competitive mining hardware coming in future - i have a feeling somehow they are struggling there.