Genesis Mining #2 - first month of Monero XMR mining - results
In previous article I introduced Genesis Mining and showed my profits of mining Ethereum for one month. Now I continue by sharing my mining profits of Monero XMR in the first month.
Monero (XMR) 2017/05/27 - 2017/06/26
- 2017-05-27 XMR 0.00420916
- 2017-05-28 XMR 0.0040806
- 2017-05-29 XMR 0.004191
- 2017-05-30 XMR 0.0042918
- 2017-05-31 XMR 0.0044904
- 2017-06-01 XMR 0.0044226
- 2017-06-02 XMR 0.0043128
- 2017-06-03 XMR 0.00412188
- 2017-06-04 XMR 0.0039678
- 2017-06-05 XMR 0.0039828
- 2017-06-06 XMR 0.0037722
- 2017-06-07 XMR 0.0038292
- 2017-06-08 XMR 0.0043722
- 2017-06-09 XMR 0.00373854
- 2017-06-10 XMR 0.003861
- 2017-06-11 XMR 0.00406595
- 2017-06-12 XMR 0.00414305
- 2017-06-13 XMR 0.00353882
- 2017-06-14 XMR 0.00376514
- 2017-06-15 XMR 0.0037698
- 2017-06-16 XMR 0.0038118
- 2017-06-17 XMR 0.0038652
- 2017-06-18 XMR 0.00390167
- 2017-06-19 XMR 0.00378913
- 2017-06-20 XMR 0.0037706
- 2017-06-21 XMR 0.00335932
- 2017-06-22 XMR 0.00337609
- 2017-06-23 XMR 0.00338384
- 2017-06-24 XMR 0.00325265
- 2017-06-25 XMR 0.00345658
- 2017-06-26 XMR 0.00338281
In total in one month I mined 0.12027643 XMR, that is 5.631342453 USD at the exchange rate on 06/26.
The contract I got is for 60H/s a I paid 48.49 USD for it. The first month I mined 11.61% of the purchase price. If the exchange rate and mining rate keeps the same, it would take about 8 month to mine the purchase price of the contract. That's worse result that mining ETH (check my first article for results).
The difficulty of mining Monero is also going up - the first day I mined 0.00420916 XMR and after one month only 0.00338281 XMR, that's around 20% less (better than ETH).
If you'd like to try it out, you can use my affiliate code 9M0awt to get 3% discount.