Genesis Mining Payout January 25th 2015 Was '0'！TOTAL ROI 60.43% After 130 Days of Scrypt Cloud Mining！
Our Last Payout was on January 22nd 2015
Our last payout from Genesis Mining was on January 22nd 2015. The payout was 0.00000001 BTC, or less than 1 cent.
On January 23rd, 24th, and 25th, there was no payout from Genesis Mining. This is because the current daily payout amount is below their maintenance fees.
It's been like this for a while at Genesis Mining, with no payouts between January 16th - January 21st 2015.
Our payout on January 15th was 0.00009024 BTC, or around 2 cents at the time of transaction.
Before that there were 2 days of no payouts on January 13 and 14th. January 12th payout was 0.00027517 BTC or 7 cents at the time of transaction.
Total Payout 1.92177577 BTC for 130 Days of Scrypt Cloud Mining
Our total cloud mining income from Genesis Mining's 100 MH/s Scrypt Cloud Mining Plan (which is not Out of Stock) is 1.92177577 BTC.
Although payouts may resume again if Bitcoin price rises to cover daily maintenance fees, we don't see our BTC payouts going up significantly from this point.
We had originally paid 3.1801595384 BTC for the current 100 MH/s Scrypt Plan back in September 2014.
Our total ROI is at 60.43% and it's likely to stay more or less at this level.
60.43% ROI was Better than Our 1st Account with Genesis Mining at 35.88% ROI
60.43% ROI for the Scrypt Plan turned out to be better than our first trial with Genesis Mining which yielded 35.88% ROI.
Although there was an improvement in performance, at the end of the day, both of our trials ended up with a loss (in BTC terms) at Genesis Mining.
Cloud mining results do vary on mining difficulty and the Bitcoin price at the time, so it's not fair to say Genesis Mining will not be profitable in the future, especially since we haven't tried their Bitcoin Mining Contract yet.
However, our results are most likely more or less in line with a large group of Genesis Mining users who purchased Altcoin Mining Contracts and mined around the same time we did (1st Account : May 2014 - September 2014, 2nd Account : September 2014 - January 2015).