Cloud Mining Earnings

Genesis 100MH/s Payout - Oct. 17th 0.69% ROI - TOTAL ROI 33.30% in 31 Days!

Genesis 100MH/s Payout

Oct. 17th, 2014, payout for Genesis Mining's 100MH/s Lifetime Altcoin Mining Contract was 0.02187534 BTC.  This is a daily return of 0.69%.  Fortunately, this is a small recovery from yesterday's 0.67%, which was an ALL-TIME LOW in daily payout ROI.

Genesis 100MH/s Payout

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Our TOTAL earnings at this point is at 1.05890347 BTC, which is a TOTAL return of 33.30% in 31 days in Bitcoins.

33.30% ROI in 31 days of cloud mining is impressive, but our concern is that our daily ROI, which was at 1.42% on Day 1, is now at 0.69%, which is a DROP in daily ROI of 51.40%.

If this downward trend in payouts continues, despite achieving 33.30% ROI in the first month, we could see 16.18% in the 2nd month, 7.86% the 3rd month, 3.82% the 4th month, etc., and never see 100% ROI.

We're hoping that would not be the case, but it's difficult to predict our future payouts since we have chosen Bitcoin (Auto) on Genesis Mining which picks the most profitable coins to mine at any given time, meaning that our payouts cannot be measured just from the difficulty of one particular coin (which would be much more simple).

 

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