Genesis Mining 100 M/H Payout - Oct. 15th 0.69% ROI - TOTAL ROI 31.94% in 29 Days！
Genesis Mining 100 M/H payout for Oct. 15th, 2014 was 0.02183262 BTC. This is a daily return of 0.69% on our purchase price of 3.1801595384 BTC for 100 MH/s of Altcoin Mining Contract.
Our TOTAL earnings are at 1.0157556 BTC, which is a TOTAL return of 31.94% on our investment.
Unfortunately, today's earnings are below Oct. 9th's ALL-TIME-LOW of 0.02254389 BTC (0.71% daily ROI), and today marks a NEW ALL-TIME-LOW.
On the one hand, we're happy to see 31.94% ROI after 29 days, but the fact that our payouts have decreased from 0.0452219 BTC on September 18th, 2014 with a daily ROI of 1.42% to 0.02183262 BTC with a daily ROI of 0.69%, which is a drop of more than 50% in payouts over 29 days, is concerning.
If this trend continues, and our ROI continues to drop by 50% every 29 days, we may see daily ROI of 0.35% in the middle of November 2014, 0.18% in the middle of December, and 0.09% by the middle of January, we may never hit 100% ROI with the 100 MH/s Contract.
For this reason, we're hoping the decline in payouts at Genesis Mining will get milder for Oct - Nov. 2104.