Cloud Mining Earnings

Genesis Mining Payout - Oct. 3rd 1.09% daily ROI - TOTAL ROI at 21.74% After 17 Days!

2014/10/09

Genesis Mining Payout

Genesis Mining payouts on Oct. 3rd, 2014 was 0.03481246 BTC.  This is a daily return on investment of 1.09% on our initial investment of 3.1801595384 BTC with Genesis Mining.

Our TOTAL payout is at 0.6914809 BTC, which is 21.74% of our investment.  Our TOTAL ROI is 21.74% after 17 days of cloud mining with Genesis Mining.

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Genesis Mining Payout

Today's payout marks another ALL-TIME-LOW, following Oct. 1st all-time-low of 0.03650819 BTC (1.15% daily ROI).

If you follow our payout trends at Genesis Mining, you can see that payouts are on a steady downward trend.  It's important to take into account this downward trend in payouts when investing with cloud mining companies.

Our current TOTAL ROI of 21.74% after just 17 days may look quite appealing, but it's important to keep in mind that initial daily ROI was above 1.42% (Sept. 18th) and now we are down to 1.09% (Oct. 3rd).

If daily payouts keep decreasing at this rate of approx. 23% every 17 days, we could see 0.84% by Oct. 20th and 0.65% by Nov. 6th.  At these rates, it will become increasingly more difficult to hit 100% ROI.

While this is a rather pessimistic simulation, it's a possibility, and the increasing levels of difficulty and decreasing levels of payouts is something we want to caution every crypto investor purchasing cloud mining contracts, as it is something we didn't fully comprehend in the beginning and struggled with.

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)

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-Cloud Mining Earnings
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