Post
Topic
Board Archival
Re: Hashnest 's newest PACMiC Cloud Mining Contract
by
BITMAIN_Janet
on 09/03/2015, 08:40:54 UTC
Quote
what about the speed of repayment on the principal?   Does that slow down like profit? stay the same? or speed up?

Under the same diff, in case of 1 BTC investment, PPS payout, mining revenue is 0.01077264BTC in day one (1), the profit is 1BTC* (0.7*10^-8)*(1*24*3600) =0.0006048BTC, then unpaid principal after the payout distribution in day one (1) is 1BTC-(0.01077264BTC - 0.0006048BTC)=0.98983216BTC.

Day two (2), the mining revenue is still 0.01077264BTC, the profit is 0.98983216BTC*(0.7*10^-8)*(1*24*3600)=0.00059865BTC, then unpaid principal after the payout distribution in day two (2) is 0.98983216BTC- (0.01077264BTC - 0.00059865BTC)=0.97965817BTC

...

I think the speed of repayment is up, under the same mining revenue condition, the profit is less due to the unpaid principal becoming less as the contract goes on.