November 22nd 2014 PB Mining Payout : 0.00811363 BTC or $2.86！TOTAL ROI 99.74% After 27 Weeks！
November 22nd 2014 PB Mining Payout : 0.00811363 BTC or $2.86
Our PB Mining payout on November 22nd, 2014 was 0.00811363 BTC or $2.86 at the current Bitcoin price of 1BTC=$352.20 at the time of this writing.
Our mining payouts has been on a steady decline and this week was no exception. Last week's payout was 0.00876687 BTC, meaning there was a drop of nearly 8% in payout amount in 1 week, which is a significant drop.
Here's our payout history at PB Mining:
September 21st, 2014 Payout : 0.01182371 BTC
September 28th, 2014 Payout : 0.01127992 BTC (-4.6%)
October 3rd, 2014 Payout : 0.01021179 BTC (-9.5%)
October 12th, 2014 Payout : 0.00998236 BTC (-2.2%)
October 19th, 2014 Payout : 0.00994275 BTC (-0.4%)
October 25th, 2014 Payout : 0.00995381 BTC (+0.1%)
November 2nd, 2014 Payout : 0.00958585 BTC (-3.7%)
November 8th, 2014 Payout : 0.00920010 BTC (-4.0%)
November 15th, 2014 Payout : 0.00876687 BTC (-4.7%)
November 22nd, 2014 Payout : 0.00811363 BTC (-7.5%)
In the past 9 weeks, we experienced a drop of about 31% in payouts. This translates to about 3.44% drop in payouts per week.
Our Weekly ROI at PB Mining was 1.62%
We had purchased our current 100 GH/s contract for 0.5 BTC back in May. This week's payout of 0.00811363 BTC would translate to 1.62% in weekly ROI.
PB Mining Payout Total is 0.49873639 BTC or $175.65
Total payouts from PB Mining is now at 0.49873639 BTC after 27 weeks of Bitcoin cloud mining.
At the current exchange rate of 1BTC=$352.20, our total payouts from PB Mining is $175.65.
PB Mining Total ROI Now at 99.74% After 27 Weeks
After 27 weeks, our total ROI with PB Mining is now at 99.74%.
We had paid 0.5 BTC back in May 2014 for 100 GH/s of Bitcoin cloud mining. After nearly 7 months, we have received 0.49873639 BTC or 99.74% (BTC) of the initial 0.5 BTC we put in.
At this pace, we should surpass 100% ROI next week on our 28th week of cloud mining.
After 100% ROI, our payouts will become pure profit.
We don't know how long PB Mining would be able to deliver positive payouts after hitting 100% ROI, but considering the risk involved in cloud mining contracts today (which is high, in our view), we hope to end up with an annualized return of at least over 20% (which is achievable with traditional, proven investments like real estate investing (rental)).
100 GH/s TODAY Would Cost 0.14 BTC, Estimated Weekly ROI 5.80%
Price of 100 GH/s is dramatically cheaper today than when we bought our 100 GH/s contract for 0.5 BTC in May 2014. Today, you can purchase 100 GH/s for only 0.14 BTC, more than 70% OFF from when we bought them.
At today's prices, you would have had a hypothetical weekly ROI of 5.80% using today's payout of 0.00811363 BTC.
5.80% weekly ROI is about 0.83% daily ROI (estimated) for PB Mining today.