Genesis Mining Earnings - Oct. 6th 0.86% daily ROI - TOTAL ROI at 24.63% After 20 Days of Scrypt Cloud Mining！
Genesis Mining earnings for Oct. 6th, 2014 was 0.02753909 BTC. We had invested 3.1801595384 BTC to our 100MH/s Scrypt mining contract, so our daily ROI (BTC) for Oct. 6th was 0.86%.
Our total earnings is now at 0.78313379BTC which translates to TOTAL ROI (BTC) of 24.63% in 20 days of cloud mining operations.
Oct. 6th marks yet ANOTHER ALL-TIME LOW. This is the 3rd day in a row where we are seeing all-time-lows and it's not very encouraging!
Payouts from Genesis Mining remained somewhat constant from Sept. 17th - Oct. 2nd, but we are seeing a steep drop in payouts since Oct. 3rd.
Looking back to Day 1 of mining, our daily ROI was at 1.42%. Now, it is at 0.86%, almost a 40% drop in payouts in just 20 days of mining operations!
Although our TOTAL ROI of 24.63% in 20 days may appear appealing, if payouts continue to fall at this rate, we may never see 100% ROI.
We are currently on Bitcoin (AUTO) plan, where Genesis Mining automatically selects the most profitable coins to mine and converts them to Bitcoins.
Because we don't know which coins are actually being mined, we are not able to verify the drop in payouts in relation to the rise in difficulty levels or the effect of exchange rates between coins to our payouts.
But, the sudden drop in payouts over the past 3 days correlates with the price in Bitcoin price over the past few days so perhaps it is that Bitcoin temporarily gaining strength over coins mined on Bitcoin (AUTO) at Genesis Mining.
We hope this is a temporary drop and hope to see a correction soon.
Sept. 17th – 0.02999965BTC (0.94% daily ROI)
Sept. 18th – 0.0452219 BTC (1.42% daily ROI)
Sept. 19th – 0.0482255 BTC (1.52% daily ROI)
Sept. 20th — 0.042328 BTC (1.33% daily ROI)
Sept. 21st — 0.0431753BTC (1.36% daily ROI)
Sept. 22nd — 0.0407112 BTC (1.28% daily ROI)
Sept. 23rd — 0.0412993 BTC (1.30% daily ROI)
Sept. 24th — 0.0399342 BTC (1.26% daily ROI)
Sept. 25th — 0.0444228 BTC (1.40% daily ROI)
Sept. 26th — 0.044169 BTC (1.39% daily ROI)
Sept. 27th — 0.04034162 BTC (1.27% daily ROI)
Sept. 28th — 0.038361 BTC (1.21% daily ROI)
Sept. 29th — 0.04286426 BTC (1.35% daily ROI)
Sept. 30th — 0.03902062 BTC (1.23% daily ROI)
Oct. 1st — 0.03650819 BTC (1.15% daily ROI)
Oct. 2nd — 0.04008588 BTC (1.26% daily ROI)
Oct. 3rd — 0.03481246 BTC (1.09% daily ROI)
Oct. 4th — 0.03337469 BTC (1.05% daily ROI)
Oct. 5th — 0.03073912 BTC (0.97% daily ROI)