[Day 39] - Steady 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: 0.71214491 ETH as 7-7-2017

Drop in Mined rate(per MH/s): 52.01% (since first received ETH as 30-5-2017)

Previous Mined rate: 0.00041334 ETH/MH/Day
Latest Mined rate: 0.00042377 ETH/MH/Day
Daily Drop in Mined rate: 2.46% ( From 6-7-2017 to 7-7-2017 )

Summary:

Based on the projection of above data, the cost would be fully covered at 212.4 days ( ~7.08 months).
(assuming no further change to ETH price and daily mined rate)


https://www.genesis-mining.com

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The mining proceed is dropping as the difficulty go up. Expect more drops in the future as more miners joining to mine. 7 months to break even is not so long but it is just an estimated value. Finger crossed for the outcome and revenue! Hope the dro

thanks @othmanesl !

really great post thanks a lot for sharing and keep on posting ;)

This post gets a 0.04 % upvote thanks to @stay9n0 - Hail Eris !