Cloud Mining Earnings

PBMining Payout : Over a 90% Drop in Payouts on December 14th, 2014!

PBMining Payout

PBMining Payout on December 14th 2014 was 0.00040333 BTC or $0.14

Our weekly payout from PBMining for our 100 GH/s Bitcoin cloud mining contract was 0.00040333 BTC.  At the current exchange rate of 1BTC=$355.27, our weekly payout was $0.14.

This is a massive drop from last week's payout of 0.00703887 BTC or $2.65.

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PBMining Payout

Here's how our payouts have been trending at PBMining for the past 3 months:

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%)

November 29th, 2014 Payout : 0.00751395 BTC (-7.4%)

December 6th, 2014 Payout : 0.00703887 BTC (-6.3%) 

December 12th, 2014 Payout : 0.00040333 BTC (-94.3%)

As you can see, the drop in this week's payout was significant.

There has been no explanation given regarding the drop in payouts, but something is wrong as Bitcoin difficulty has remained flat at around 40,000,000,000 for the past month.

In theory, payouts should have remained relatively flat.

 

PBMining ROI 102.74% After 30 Weeks, but an On-Going Concern Quickly Arising...

PBMining Payout

Our TOTAL payouts received from PBMining is now at 0.51369256 BTC.

At the rate of 1BTC=$355.27, we have received a total of over $182.50 from PBMining.

Our purchase price for 100 GH/s was 0.5 BTC, so our TOTAL ROI is now at 102.74%.

However, we are very concerned about the drop in payouts this week.

Over a 90% drop in payouts is concerning.  While we hope this was some sort of system error, but we now see an on-going concern emerging with PBMining.

We hope we're wrong, but only time will tell...

 

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-Cloud Mining Earnings
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