Post
Topic
Board Service Discussion
Re: MinerGate Cloud mining
by
carlisle1
on 08/02/2017, 07:10:48 UTC
I have invested in 20 GH/s in Minergate.

Price: 0.00430000 BTC
Hash power: 20 GH/s
Maintenance cost: $0.0066/day
Bought: 28 Dec 2016
Total earnings 2017-02-04: 0.00031750 BTC (netto)

Any payouts?

You can calculate the payouts yourself.
He bought it on December 28 and had  0.00031750 on February 2
His monthly payment is 0.00015875
He will reach ROI 27 Months after buying the contract, so about 25months from today...

From coolcoinz's explanation we can clearly say that using the minergate cloud mining services doesn't give a descent profit from buying a hash power and it cost you more than your profit . It would take several years before you get your profit . I have tried their service before I uninstalled it at the end .