Cryptocurrency Mining Profitability for 100 MH/s at Genesis Mining - Nov 3rd 0.62% ROI - TOTAL ROI 43.73% After 48 Days！
Cryptocurrency mining profitability at Genesis Mining for 100 MH/s contract on November 3rd, 2014 was 0.0196152 BTC, which translates to a daily return on investment of 0.62% based on our purchase price of 3.1801595384 BTC in September.
TOTAL earnings from Genesis Mining after 48 days of cloud mining is at 1.3906213 BTC, which is a TOTAL ROI of 43.73%.
100 MH/s costs $1,499 today (same price as when we purchased them), but Bitcoin price has lowered to 1BTC=$323, and the current retail price is approximately at 4.64087 BTC, higher than when we purchased the contracts in September.
If you purchased 100 MH/s in Altcoin Mining Contracts from Genesis Mining today, then Nov. 3rd yield of 0.0196152 BTC would translate to daily ROI of 0.42%.
Earnings from Genesis Mining contributed to 7.61% of our October 2014 Cloud Mining Earnings, and remains the second highest cloud mining service in terms of mining earnings contribution in our portfolio, following Litecoin GEAR's 91.99%.