[Day 38] - Steady in ETH Mined Rate!! - Genesis Mining Cloud Mining Review
Hi guys, I purchased 2-year ETH mining plan from Genesis mining .
Total MH/s purchase:34 MH/s + 0.75MH/s (Free)
I input the daily mined data to keep track on Genesis Mining performance
Here is the review:
Total mined: 0.69778148 ETH as 6-7-2017
Drop in Mined rate(per MH/s): 50.8% (since first received ETH as 30-5-2017)
Previous Mined rate: 0.00042377 ETH/MH/Day
Latest Mined rate: 0.00041714 ETH/MH/Day
Daily Drop in Mined rate: -1.59% ( From 5-7-2017 to 6-7-2017 )
Summary:
Based on the projection of above data, the cost would be fully covered at 206.2 days ( ~6.87 months).
(assuming no further change to ETH price and daily mined rate)
That's useful, thanks.
7 months until profit starts. hmm....
yes~!
the difficulty becomes steady now among last 10 days.
Interesting...
Thanks for the analysis. I'm a genesis mining newbie so this is helpful
wow~!
which coin do you pick??
I just did the bitcoin lifetime contract to start. May do the others later.
I just got a friend who used my ref code to add BTC contract yesterday. So, I get some BTC hashpower.
Probably I will put BTC mining data here as well.
That's interesting
Congratulations for cost recovery in 6 months..
The Return Is Amazing
hi, @crytocharts !
that is estimation only...!
still have 5-6 months to get my initial investment back!
the price of ETH and the mining difficulty are the key impacts to the breakeven day.
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