Post
Topic
Board Service Discussion
Re: Cloud Mining Journey (with Hashflare)
by
kmantronix
on 21/01/2018, 09:09:51 UTC
Hi

Some update from my side

A few days ago i recovered 50% of my initial investment.
As a reminder, i dont have any strategy but getting to breakeven as fast as possible ( in crypto we dont know what s gonna tomorrow Wink  )
I got to 50% in 39 days, i am in line with my initial plan ( 84 days breakeven )

The last increased in difficulty seems not to have much effect in the hashing rate per TH  (still  0.00013161/TH/s)

So i can say so far so good.

--

Also i noticed the ENG Hashflare telegram group disappeared, i dont know why, that was a good source of up to date information


50% in 39 days?
How come I only get 27% of the initial capital back in 34 days?
Are you using the current bitcoin price x total bitcoin to calculate the US return, or using the sum of the daily US payout over the period?



I am calculating my Returns in BTC only ( My purpose since the beginning is : should i just hold my .BTC or bet i ll make some more in buying hashrate )

And as i remember  when i bought the contract pricing was 1.5 per 10 GH/s and the BTC price was higher when i bought it ( around 14k-16k USD/BTC )
that may explain the gap between both our breakevens period.