[Day 35] - 50.66% Drop in ETH Mined Rate!! - Genesis Mining Cloud Mining Review

in #chainbb-general3 years ago

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: 0.65359202 ETH as 3-7-2017

Drop in Mined rate(per MH/s): 50.66% (since first received ETH as 30-5-2017)

Previous Mined rate: 0.00042496 ETH/MH/Day
Latest Mined rate: 0.00042323 ETH/MH/Day
Daily Drop in Mined rate: -0.41% ( From 2-7-2017 to 3-7-2017 )

Summary:

Based on the projection of above data, the cost would be fully covered at 182.4 days ( ~6.08 months).
(assuming no further change to ETH price and daily mined rate)


https://www.genesis-mining.com

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Hi @quicksilv3r!

I think I will not add any mining contract anymore. Unless, I can foresee a relative steady of difficulty. Otherwise, it is better to move money to other investment.

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