Post
Topic
Board Service Announcements
Re: [ANN] CLOUDMINR.IO Mining contracts || 0.0013 BTC / GHS
by
Mabsark
on 05/12/2014, 23:55:55 UTC
Already 17% net return on the 50GHS contract in only 19days : 16-11-2014   50 GH/s    0.00926776 BTC Tongue

You should have mined 0.01189074 BTC

2 days @ 39,603,666,252
14 days @ 40,300,030,328
3 days @ 40,007,470,271

Theroetical payout formula:
Hash Rate * Block Reward * 86400 * ((65535 / 2^48 )/ Difficulty)

50*10^9 * 25 * 86400 * 2 * ((65535 / 2^48 ) / 39,603,666,252) +
50*10^9 * 25 * 86400 * 14 * ((65535 / 2^48 ) / 40,300,030,328) +
50*10^9 * 25 * 86400 * 3 * ((65535 / 2^48 ) / 40,007,470,271) = 0.01189074 BTC

From the FAQ on the website:

Quote
What fees do you have?

We have a no fee policy.

For any changes we will notify everyone through our website and on Bitcointalk forums.

From the initial post in this thread:

  • No hidden fees, no pre-orders
    What you order is what you get, instantly.

So, you got paid 78% of what you should have got. Either there are hidden fees or you've been ripped off.

Have a look at the information AMHash provide. See how they do have fees and they are precisely stated?