ZeusHash Payout October 2014 - 0.60556522 LTC for 1MH/s Contract！TOTAL ROI 14.16%！
Our ZeusHash payout in October 2014 was 0.60556522 LTC. This is a result of 23 days of cloud mining with ZeusHash. TOTAL ROI based on our purchase price of 4.27540107 LTC is 14.16%.
Daily earnings for October 31st, 2014 was 0.00970281 LTC. This is a daily ROI of 0.23% for Oct. 31st, which is the same as daily ROI yesterday.
It looks like the NEW NORMAL for ZeusHash is +0.23% in daily ROI (for our contract). At 0.23%, it would take 435 days to reach 100% ROI, if payouts remain constant, which will not be the case.
The most likely scenario is that sometime before 435 days passes, payouts will dry up and go to ZERO after maintenance fees are deducted.
This has already happened to our Multi Hashlet contracts at GAW Miners, and it happened MUCH quicker than we had anticipated - only one month after starting on the cloud mining contract.
Of course, cryptocurrency value can skyrocket in the future, including Litecoin, and even if we're at 20% TOTAL ROI in Litecoins, we could reach 100% ROI in USD terms if the value of Litecoins go up 20 times.
But if we are going to reach 100% ROI in USD, then we should just BUY Litecoins at an exchange and hold on to them.
The reason why we cloud mine is because if we pay 4.27540107 LTC to purchase 1 MH/, we expect to get back more than 4.27540107 LTC, in LTC, not in USD.
We liked ZeusHash while the numbers made sense, but at the current numbers, we can't see ZeusHash delivering 100% ROI (LTC).
・TOTAL ROI 13.94% After 22 Days (+0.23%)
・TOTAL ROI 13.71% After 21 Days (+0.29%) ← Sudden drop in daily ROI after maintenance fees were changed
・TOTAL ROI 13.42% After 20 Days (+0.62%)
・TOTAL ROI 12.80% After 19 Days (+0.63%)
・TOTAL ROI 12.17% After 18 Days (+0.64%)
・TOTAL ROI 11.53% After 17 Days (+0.63%)
・TOTAL ROI 10.90% After 16 Days (+0.65%)
・TOTAL ROI 10.27% After 15 Days (+0.65%)
・TOTAL ROI 9.62% After 14 Days (+0.64%)
・TOTAL ROI 8.98% After 13 Days (+0.63%)
・TOTAL ROI 8.35% After 12 Days (+0.65%)
・TOTAL ROI 7.70% After 11 Days (+0.65%)
・TOTAL ROI 7.05% After 10 Days (+0.64%)
・TOTAL ROI 6.41% After 9 Days (+0.64%)
・TOTAL ROI 5.77% After 8 Days (+0.73%)
・TOTAL ROI 5.04% After 7 Days (+1.16%)
・TOTAL ROI 3.88% After 6 Days (+0.64%)
・TOTAL ROI 3.24% After 5 Days (+0.68%)