I am new Minergate cloud mining, need your help please.
As on Dec 9, 2017
I have 31.4 TH/s power on miner gate could mining just started few days days ago. I am only seeing my daily rewards averaging around 0.00109 BTC after daily maintenance costs ($10.4)
I also have a S9 (13 TH/s) running at home making around 0.0028 BTC (understand there electricity costs and maintenance involved).
Based on actuals for 31.4 TH/s of hash power, I should see at least 0.005 BTC per day after deducting maintains costs.
My fried currently running 1 TH/s on genesis-mining getting 0.00014941 BTC per day after maintenance costs.
At this rate for I should see around 0.004691474 {btc] for 31.4 TH/s
Not sure why I am getting only 1/4th to 1/5th of actual rewards. Anyone seen such a HUGE discrepancy, not sure if I misunderstood something or just got scammed?
I bought 100 GH/s contract Jan 2017, since the rise in price of BTC my profit has gone up, and the maintenance fees have stayed the same. Over the past 11 months I made 0.0085 BTC (so close to cashing it out) so I decided to reinvest it, I was able to get 700 GH/s contract, and I got my first payouts, and they are the same amount as the 100 GH/s contract........? Doesn't make sense right ? I think that this might be a scam, or at least not 100% truthful in their claims. Any BTC calculator comes up with dramatically different outcomes that the profit calculator on the Minergate site.