Search content
Sort by
Showing 6 of 6 results by ronnyraeder
Day 36 comparison of payments with Genesis Mining and GAW Miners Hashlets.
Payments were as follows:
http://youtu.be/--xm6Xidt_w
Genesis Mining 10 GH/s contract 0.00011758 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00012120 BTC
Genesis Mining 1 MH/s contract 0.00023378 BTC
GAW Waffle Hashlet 0.00012797 BTC
GAW Zen Hashlet 0.00018018 BTC
Payments were as follows:
http://youtu.be/--xm6Xidt_w
Genesis Mining 10 GH/s contract 0.00011758 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00012120 BTC
Genesis Mining 1 MH/s contract 0.00023378 BTC
GAW Waffle Hashlet 0.00012797 BTC
GAW Zen Hashlet 0.00018018 BTC
Right now Genesis wins GAW , specially since Genesis lowered the fees .
https://hashtalk.org/topic/12934/genesis-mining-changed-the-daily-fee/46
Wrong! they just doubled their fee from USD 0.01 per 10 GH/s and day--> USD 0.02 per 10 GH/s and day.. so while their "per GH/s" prices is going down, they at the same time shortening their "lifetime" contract. (just on new contracts of course)
[/quote]
What does "lifetime" contract mean
Modified on: Wed, 15 Oct, 2014 at 8:56 am
As per the contract:
The contract can be terminated in case the daily mining return are lower than the maintenance fee for at least 20 days in a row.[/quote]
And in 200 days+ you actualy would be better of with their "OLD" 9.99 USD per 10GH/s price then their new wonderful 7.99 USD per 10GH/s (as their new maintenance fee came with the new pricing)
So...... They atualy increased their prices?? While tricking their customers into believing they lowered it??? Ohh yeah!
yeah, but on their front page (logged out) it says 8.99usd pr 10GH/S..if you dont by 100GH/S then its 8.79GH/S.. on the upgrade hashpower (logged in) the pricing is 8.79 for 10GH/S but gets more expensive when you get past 1TH/S 
haha, then the price is 889usd (8.89usd pr 10GH/S) 
haha, then the price is 889usd (8.89usd pr 10GH/S) It can be pretty hard to calculate ahead like you have done as there is really no way of knowing how things are going to be.
You assume that BTC will hit 600 USD, but there is no certainty that it will or it will not.
I started my videos 28 days ago and so far my Genesis Mining 10 GH/s contract has paid out 21.3 % of my ROI.
Of course I didn't have to pay that huge wire fee charge like you had to.
If you had not paid that, you would have been much better off.
If the daily payouts would get to a point where they were making no money I actually think that a lot of miners would just stop mining as there would be no profit for them, so instead of the difficulty keep going up, it might actually level and could even go down.
Just my thoughts.
i am not assuming the btc will hit 600usd.. i am just saying it must do for me to hit roi..or the difficulti has to lower(or stay flat), witch would be the first time in history! i just asked them myselfe and they told me that i was correct.. the difficulty vs the value of bitcoin is right now at the tipping point, and they said never say never, mabey the diffuculty is going to get lower or stay flat as, this is for "regular miners" as well, and if they turn of their miners the diff would drop! You assume that BTC will hit 600 USD, but there is no certainty that it will or it will not.
I started my videos 28 days ago and so far my Genesis Mining 10 GH/s contract has paid out 21.3 % of my ROI.
Of course I didn't have to pay that huge wire fee charge like you had to.
If you had not paid that, you would have been much better off.
If the daily payouts would get to a point where they were making no money I actually think that a lot of miners would just stop mining as there would be no profit for them, so instead of the difficulty keep going up, it might actually level and could even go down.
Just my thoughts.
this is with their maintenance fee at 0.01 USD per 5 Gh/s for SHA 256 hashpower, Estimated Next Difficulty +4.28%(bitcoinwisdom.com)
the Rate BTC to USD has to go up to about 600 before i hit ROI in about a year... if i had just bought btc for my 83usd and then the btc to usd went up to 600 i would have earnd 50usd at the same time
can some one please tell me i have done something wrong in my calculations?
the Rate BTC to USD has to go up to about 600 before i hit ROI in about a year... if i had just bought btc for my 83usd and then the btc to usd went up to 600 i would have earnd 50usd at the same time
can some one please tell me i have done something wrong in my calculations?this is wath i calculated with 50GH/s with the price of 83usd (the price of 50GH/S with the bank fee) can this be correct? i will newer ever come close to roi if the currecy stay at this level??
During Bitcoin per day Revenue per day Income per day difficulty total day total BTC total Income amount to break even
Oct-12-14 - Oct-21-14 0.0009 BTC $0.34 $0.24 35,002,482,026 10 days 0.01BTC $2.39 $-80.61
Oct-22-14 - Nov-03-14 0.0009 BTC $0.33 $0.23 36,500,588,257 23 days 0.02BTC $5.33 $-77.67
Nov-04-14 - Nov-16-14 0.0009 BTC $0.31 $0.21 38,062,813,434 36 days 0.03BTC $8.08 $-74.92
Nov-17-14 - Nov-29-14 0.0008 BTC $0.3 $0.2 39,691,901,849 49 days 0.04BTC $10.68 $-72.32
Nov-30-14 - Dec-12-14 0.0008 BTC $0.29 $0.19 41,390,715,248 62 days 0.05BTC $13.11 $-69.89
Dec-13-14 - Dec-25-14 0.0008 BTC $0.28 $0.18 43,162,237,861 75 days 0.06BTC $15.39 $-67.61
Dec-26-14 - Jan-07-15 0.0007 BTC $0.26 $0.16 45,009,581,641 88 days 0.07BTC $17.52 $-65.48
Jan-08-15 - Jan-20-15 0.0007 BTC $0.25 $0.15 46,935,991,736 101 days 0.08BTC $19.51 $-63.49
Jan-21-15 - Feb-02-15 0.0007 BTC $0.24 $0.14 48,944,852,182 114 days 0.09BTC $21.37 $-61.63
Feb-03-15 - Feb-15-15 0.0006 BTC $0.23 $0.13 51,039,691,855 127 days 0.1BTC $23.09 $-59.91
Feb-16-15 - Feb-28-15 0.0006 BTC $0.22 $0.12 53,224,190,667 140 days 0.11BTC $24.7 $-58.3
Mar-01-15 - Mar-13-15 0.0006 BTC $0.21 $0.11 55,502,186,027 153 days 0.11BTC $26.18 $-56.82
Mar-14-15 - Mar-26-15 0.0006 BTC $0.21 $0.11 57,877,679,589 166 days 0.12BTC $27.55 $-55.45
Mar-27-15 - Apr-08-15 0.0005 BTC $0.2 $0.1 60,354,844,276 179 days 0.13BTC $28.81 $-54.19
Apr-09-15 - Apr-21-15 0.0005 BTC $0.19 $0.09 62,938,031,610 192 days 0.14BTC $29.96 $-53.04
Apr-22-15 - May-04-15 0.0005 BTC $0.18 $0.08 65,631,779,363 205 days 0.14BTC $31.01 $-51.99
May-05-15 - May-17-15 0.0005 BTC $0.17 $0.07 68,440,819,520 218 days 0.15BTC $31.97 $-51.03
May-18-15 - May-30-15 0.0005 BTC $0.17 $0.07 71,370,086,596 231 days 0.15BTC $32.84 $-50.16
May-31-15 - Jun-12-15 0.0004 BTC $0.16 $0.06 74,424,726,302 244 days 0.16BTC $33.61 $-49.39
Jun-13-15 - Jun-25-15 0.0004 BTC $0.15 $0.05 77,610,104,588 257 days 0.17BTC $34.3 $-48.7
Jun-26-15 - Jul-08-15 0.0004 BTC $0.15 $0.05 80,931,817,064 270 days 0.17BTC $34.91 $-48.09
Jul-09-15 - Jul-21-15 0.0004 BTC $0.14 $0.04 84,395,698,834 283 days 0.18BTC $35.44 $-47.56
Jul-22-15 - Aug-03-15 0.0004 BTC $0.14 $0.04 88,007,834,744 296 days 0.18BTC $35.9 $-47.1
Aug-04-15 - Aug-16-15 0.0004 BTC $0.13 $0.03 91,774,570,072 309 days 0.18BTC $36.28 $-46.72
Aug-17-15 - Aug-29-15 0.0003 BTC $0.12 $0.02 95,702,521,671 322 days 0.19BTC $36.59 $-46.41
Aug-30-15 - Sep-11-15 0.0003 BTC $0.12 $0.02 99,798,589,598 335 days 0.19BTC $36.84 $-46.16
Sep-12-15 - Sep-24-15 0.0003 BTC $0.11 $0.01 104,069,969,233 348 days 0.2BTC $37.02 $-45.98
Sep-25-15 - Oct-07-15 0.0003 BTC $0.11 $0.01 108,524,163,916 361 days 0.2BTC $37.15 $-45.85
Oct-08-15 - Oct-20-15 0.0003 BTC $0.1 $0 113,168,998,132 374 days 0.21BTC $37.21 $-45.79
Oct-21-15 - Oct-22-15 0.0003 BTC $0.1 $0 118,012,631,252 376 days 0.21BTC $37.21 $-45.79
During Bitcoin per day Revenue per day Income per day difficulty total day total BTC total Income amount to break even
Oct-12-14 - Oct-21-14 0.0009 BTC $0.34 $0.24 35,002,482,026 10 days 0.01BTC $2.39 $-80.61
Oct-22-14 - Nov-03-14 0.0009 BTC $0.33 $0.23 36,500,588,257 23 days 0.02BTC $5.33 $-77.67
Nov-04-14 - Nov-16-14 0.0009 BTC $0.31 $0.21 38,062,813,434 36 days 0.03BTC $8.08 $-74.92
Nov-17-14 - Nov-29-14 0.0008 BTC $0.3 $0.2 39,691,901,849 49 days 0.04BTC $10.68 $-72.32
Nov-30-14 - Dec-12-14 0.0008 BTC $0.29 $0.19 41,390,715,248 62 days 0.05BTC $13.11 $-69.89
Dec-13-14 - Dec-25-14 0.0008 BTC $0.28 $0.18 43,162,237,861 75 days 0.06BTC $15.39 $-67.61
Dec-26-14 - Jan-07-15 0.0007 BTC $0.26 $0.16 45,009,581,641 88 days 0.07BTC $17.52 $-65.48
Jan-08-15 - Jan-20-15 0.0007 BTC $0.25 $0.15 46,935,991,736 101 days 0.08BTC $19.51 $-63.49
Jan-21-15 - Feb-02-15 0.0007 BTC $0.24 $0.14 48,944,852,182 114 days 0.09BTC $21.37 $-61.63
Feb-03-15 - Feb-15-15 0.0006 BTC $0.23 $0.13 51,039,691,855 127 days 0.1BTC $23.09 $-59.91
Feb-16-15 - Feb-28-15 0.0006 BTC $0.22 $0.12 53,224,190,667 140 days 0.11BTC $24.7 $-58.3
Mar-01-15 - Mar-13-15 0.0006 BTC $0.21 $0.11 55,502,186,027 153 days 0.11BTC $26.18 $-56.82
Mar-14-15 - Mar-26-15 0.0006 BTC $0.21 $0.11 57,877,679,589 166 days 0.12BTC $27.55 $-55.45
Mar-27-15 - Apr-08-15 0.0005 BTC $0.2 $0.1 60,354,844,276 179 days 0.13BTC $28.81 $-54.19
Apr-09-15 - Apr-21-15 0.0005 BTC $0.19 $0.09 62,938,031,610 192 days 0.14BTC $29.96 $-53.04
Apr-22-15 - May-04-15 0.0005 BTC $0.18 $0.08 65,631,779,363 205 days 0.14BTC $31.01 $-51.99
May-05-15 - May-17-15 0.0005 BTC $0.17 $0.07 68,440,819,520 218 days 0.15BTC $31.97 $-51.03
May-18-15 - May-30-15 0.0005 BTC $0.17 $0.07 71,370,086,596 231 days 0.15BTC $32.84 $-50.16
May-31-15 - Jun-12-15 0.0004 BTC $0.16 $0.06 74,424,726,302 244 days 0.16BTC $33.61 $-49.39
Jun-13-15 - Jun-25-15 0.0004 BTC $0.15 $0.05 77,610,104,588 257 days 0.17BTC $34.3 $-48.7
Jun-26-15 - Jul-08-15 0.0004 BTC $0.15 $0.05 80,931,817,064 270 days 0.17BTC $34.91 $-48.09
Jul-09-15 - Jul-21-15 0.0004 BTC $0.14 $0.04 84,395,698,834 283 days 0.18BTC $35.44 $-47.56
Jul-22-15 - Aug-03-15 0.0004 BTC $0.14 $0.04 88,007,834,744 296 days 0.18BTC $35.9 $-47.1
Aug-04-15 - Aug-16-15 0.0004 BTC $0.13 $0.03 91,774,570,072 309 days 0.18BTC $36.28 $-46.72
Aug-17-15 - Aug-29-15 0.0003 BTC $0.12 $0.02 95,702,521,671 322 days 0.19BTC $36.59 $-46.41
Aug-30-15 - Sep-11-15 0.0003 BTC $0.12 $0.02 99,798,589,598 335 days 0.19BTC $36.84 $-46.16
Sep-12-15 - Sep-24-15 0.0003 BTC $0.11 $0.01 104,069,969,233 348 days 0.2BTC $37.02 $-45.98
Sep-25-15 - Oct-07-15 0.0003 BTC $0.11 $0.01 108,524,163,916 361 days 0.2BTC $37.15 $-45.85
Oct-08-15 - Oct-20-15 0.0003 BTC $0.1 $0 113,168,998,132 374 days 0.21BTC $37.21 $-45.79
Oct-21-15 - Oct-22-15 0.0003 BTC $0.1 $0 118,012,631,252 376 days 0.21BTC $37.21 $-45.79