Monthly Cloud Mining Results

December 2014 Cloud Mining Earnings : 10.53830 BTC

December 2014 Cloud Mining Earnings

December 2014 Cloud Mining Earnings : 10.53830 BTC

Our December 2014 cloud mining earnings added up to 10.53830 BTC.

At the current exchange rate of 1 BTC=$313, we earned $3,298 in December 2014 from our cloud mining contracts.

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September 2014 Cloud Mining Earnings : 7.608116 BTC

October 2014 Cloud Mining Earnings : 9.955603698 BTC

November 2014 Cloud Mining Earnings : 8.3433 BTC

December earnings of 10.53830 BTC was the highest earnings in BTC we have received so far.

This was a great result, but we are concerned that 2 out of 5 cloud mining services we use have experienced payout major payout delays in December that are yet to be solved.

 

Payout Delays at Litecoin GEAR and PB Mining in December 2014

There were payout delays at Litecoin GEAR (December 26th 2014 payout) and PB Mining.

Litecoin GEAR appears to be working to solve the situation, urging users to report missing payouts.  While we hope that the payout delay would be fixed soon, we see service closure as a possible scenario.

December 2014 Cloud Mining Earnings

As for PB Mining, they have announced that their business is a failing business.  While their website is still up, new contracts are not available for sale.  In our view, their service has basically closed doors.

Here's the breakdown of our earnings by cloud mining service in December 2014:

(1) Litecoin GEAR (LTCGear.com) : 424.69104218 LTC or 3.60987 BTC (34.25%)

December 5th Litecoin GEAR Payout - 146.63863 LTC

December 12th Litecoin GEAR Payout - 143.41065 LTC

December 19th Litecoin GEAR Payout - 134.64176218 LTC

December 26th Litecoin GEAR Payout - Not Received

 

(2) GAW Miners (Hashlet Primes) : 6.72216 BTC (63.79%)

Total Hash Rate : 148 MH/s

(1) Hash Points Earned through Hash Pool mining and HashPoint giveaways : 85,914 HPs.  At 400 HPs=1 XPY, this turns out to be 214.785 XPY.

(2) Paycoins (XPY) Earned through Staking : 13.5525 XPY

(1) 214.785 XPY + (2) 13.5525 XPY = 228.3375 XPY

Paycoin (XPY) price has been quite volatile since its debut, but at the current rate of 0.0294396 BTC per XPY, our December Paycoin earnings through Hash Pool mining, HashPoint giveaways for Prime owners, and staking, added up to 6.72216 BTC.

 

(3) Genesis Mining : 0.16857389 BTC (1.60%)

 

(4) GAW Miners (Zen Hashlet, Hash Pool) : 0.03025 BTC (0.29%)

Hash Rate : 1 MH/s

(1) Hash Points Earned : 377 HPs.  At 400 HPs=1 XPY, this turns out to be 0.9425 XPY.

(2) Paycoins (XPY) Earned through Staking : 0.085 XPY.

(1) 0.9425 XPY + (2) 0.085 XPY = 1.0275 XPY

At the current exchange rate of 1 XPY=0.0294396 BTC, our December Paycoin earnings through Hash Pool mining translates to 0.03025 BTC.

 

(5) PB Mining : 0.0074422 BTC (0.07%)

On December 12th, 2014, we found out that PB Mining is a failing business.

December 6th PB Mining Payout - 0.00703887 BTC

December 14th PB Mining Payout - 0.00040333 BTC

 

Our Accumulated Cloud Mining Income is Now 36.44532 BTC

Our accumulated cloud mining income from September to December 2014 is now at 36.44532 BTC.

At 1BTC=$313, we've earned a total of $11,407 from our cloud mining operations in the last 4 months.

 

We've Spent 31.83244 BTC on Cloud Mining Contracts;  TOTAL ROI 114.49%

We've invested a total of 31.83244 BTC on cloud mining contracts.  With a total income of 36.44532 BTC, our TOTAL ROI at this point is 114.49%.

Here's a breakdown of our cloud mining investment by service:

(1) Litecoin GEAR (LTCGear.com) 1,080 MH/s :733.91574 LTC or 6.97220 BTC

(2) GAW Miners (Hashlet Prime) 50 MH/s : 21.13551093 BTC

(3) Genesis Mining 100 MH/s : 3.1801595384 BTC

(4) PB Mining 100 GH/s : 0.5 BTC

(5) GAW Miners (Zen Hashlet, Hash Pool) 1 MH/s :  0.04457 BTC

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-Monthly Cloud Mining Results