Bitcoin.com cloud mining contracts - Luke Nandibear

in #bitcoin6 years ago


I've created a new page at my site to share my earnings so that others may learn more about cloud mining the Bitcoin.com pool:

Bitcoin.com cloud mining contracts - Luke Nandibear

I'll be adding notes from time to time at the bottom of the page so please check for updates. If anyone has any other ideas for data they'd like to see or need links for anything please let me know. Here are some notes I've added so far:

Notes:

  • Cloud mining contracts were purchased at pool.bitcoin.com
  • At time of purchase (April 10, 2018) the Daily Return (aka estimated daily revenue) listed for each 2TH/s contract was:
    Approximately $0.41 - $0.43 USD apiece (approximately 0.00065 BCH | approximately 0.000061 BTC).
  • Daily fee: $0.28 USD per TH/s per day (paid in BCH/BTC).
    In the table that I'm using (you wont see the same in your pool account) the daily fee is already factored into the daily return (i.e., the fee has already been subtracted from the BCH, BTC and USD). If you'd like to know the full amount of any particular daily return (aka daily revenue) just add that day's "Fee" and "BCH" or "BTC" together. If you see a day which displays just a single zero "0" for BTC/BCH this indicates that the Daily Fee was equal to, or greater than, the Daily Return.
  • Price paid for hashrate (12 month contracts) on April 10, 2018 was $99 USD per TH/s (total: 4TH/s = $396 USD).
    USD price (or Initial Cost) was paid in Bitcoin Cash (BCH).
    BCH cloud mining contract was exactly 0.30361533 BCH and the BTC cloud mining contract was exactly 0.30310266 BCH.
  • Reward/Payout method: PPS (pay per share)
  • Neither contract is mining auto-profit.
    However, if you're interested in doing so please see: Auto-Profit Switch
  • On or about April 12th, 2018 the price for hashrate went down to $89 USD per TH/s. Morever, the listed Daily Return (or estimated daily revenue) went up to $0.55 USD (or 0.00007072 BTC).
    Please also note that the price of Bitcoin went up over $1000 USD (reaching a high of $8060 USD) earlier the same day. Please see Jamie Redman's article at news.bitcoin.com: Markets Update: BTC Price Jumps Over $1000 in Less Than an Hour
  • On or about April 13th, 2018 pool.bitcoin.com added 2 year contracts (i.e., 24 months), price for hashrate: $159 USD per TH/s

nandibear.com nandi bear luke

Thanks for stopping by and reading!

PLEASE leave some comments! Talk a little!

↓ --- You may also find the Nandi Bear at --- ↓

Steemit.com/@nandibear and NandiBear.com
and Bitcoin.com forum and ReSteem.life

Sort:  

I made a change to the table (at the featured site, not this Steemit post). The payday column (which lists the dates) is now called the hash-date column. I made this change because payouts are always for the previous day's hashrate.

Postingan yang sangat bagus pak. perubahan yang sangat tepat , saya menyukainya .

Salam sukses pak.

Love post

Terima kasih atas kata-kata baik Anda tentang posting ini! Saya suka menjadi menyeluruh!

Sama sama pak , salam sukses

Excellent post about cloud mining. It's very helpful to mining btc and bch. I think it's really profitable. Thanks sir @nandibear for sharing such a helpful post about mining.

Hey @msena you're very welcome. I'm happy that you found this post regarding bitcoin mining to be helpful. Thanks for stopping by and sharing your thoughts!

Thank you too for the great post.

I've added a new note (regarding new price for hashrate) at the site since the publishing of the post here at Steemit!

Coin Marketplace

STEEM 0.19
TRX 0.15
JST 0.029
BTC 63183.53
ETH 2643.93
USDT 1.00
SBD 2.78