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Posts Tagged ‘cloud mining profitability’
27.04.15 – 0.00104485 BTC
28.04.15 – 0.00102340 BTC
29.04.15 – 0.00103423 BTC
30.04.15 – 0.00103791 BTC
01.05.15 – 0.00102066 BTC
02.05.15 – 0.00105168 BTC
03.05.15 – 0.00104769 BTC
04.05.15 – 0.00103686 BTC
05.05.15 – 0.00099838 BTC
06.05.15 – 0.00057474 BTC
07.05.15 – 0.00060874 BTC
08.05.15 – 0.00059624 BTC
09.05.15 – 0.00063311 BTC
10.05.15 – 0.00060962 BTC
11.05.15 – 0.0058921 BTC
Notice that starting from 6th the daily profits here drop significantly, there is no mistake in the numbers, as we’ve already explained in our previous publication, the maintenance fee prior to that was apparently mistaken and only about 10% of what the actual fee should’ve been has been deducted from the mined coins.
30.04.15 – 0.00046600 BTC
01.05.15 – 0.00063100 BTC
02.05.15 – 0.00060000 BTC
03.05.15 – 0.00058000 BTC
04.05.15 – 0.00049000 BTC
05.05.15 – 0.00048500 BTC
06.05.15 – 0.00060000 BTC
07.05.15 – 0.00049000 BTC
08.05.15 – 0.00050000 BTC
09.05.15 – 0.00051500 BTC
10.05.15 – 0.00053000 BTC
11.05.15 – 0.00054000 BTC
12.05.15 – 0.00048000 BTC
Both services seem to be running smooth and problem free and provide pretty consistent results, though at the second one we see some peaks. These stable results in terms of actual profit are thanks to the quite stable network difficulty and price of Bitcoin lately and that makes it easier to do some estimates when things are more stable, though there are no guarantees if they will continue to be like that and for how long.
– For more details about the new cloud mining service HashFlare we are testing…
– For more details about the new cloud mining service GigaHash we are testing…
- Published in: Cloud Mining
- Related tags: bitcoin cloud mining, BTC cloud mining, cloud mining profitability, cloud mining service, cloud mining services, GigaHash, HashFlare
Time to report the actual profit we are getting after a few days of using the two new additions to the list of cloud mining services that we are using. The first one, HashFlare powered by HashCoins mining hardware is giving higher profit, but from the logs we are seeing it could be due to some mistake with the maintenance fee calculation (could be a bug in the service) as the fees do seem to be much lower than expected. Below you can see the daily actual profit (the mined coins minus the maintenance fee) we got for 100 GHS cloud mining hashrate purchased at the service:
27.04.15 – 0.00104485 BTC
28.04.15 – 0.00102340 BTC
29.04.15 – 0.00103423 BTC
30.04.15 – 0.00103791 BTC
01.05.15 – 0.00102066 BTC
02.05.15 – 0.00105168 BTC
03.05.15 – 0.00104769 BTC
The second cloud mining service, GigaHash apparently using Technobit miners, a smaller mining operation, has lower actual profit, but here the results seems more realistic. Do note that the actual profit you get from cloud mining services can vary depending on the BTC exchange rate as the maintenance fees usually covering electricity and such are fixed in USD, so with higher exchange rate the costs are getting smaller and the profit per GHS higher. Below you can see the daily actual profit (the mined coins minus the maintenance fee) we got for 100 GHS cloud mining hashrate purchased at the service:
30.04.15 – 0.00046600 BTC
01.05.15 – 0.00063100 BTC
02.05.15 – 0.00060000 BTC
03.05.15 – 0.00058000 BTC
– For more details about the new cloud mining service HashFlare we are testing…
– For more details about the new cloud mining service GigaHash we are testing…
- Published in: Cloud Mining
- Related tags: bitcoin cloud mining, BTC cloud mining, cloud mining profitability, cloud mining service, cloud mining services, GigaHash, HashFlare
Cloud Mining Services Actual Profit Comparison
26, Nov 2014
Today we did some calculations to see what is the actual profit that we are getting from various Bitcoin and Litecoin cloud mining services based on the earnings from yesterday. We’ve used 1000 GHS or 1 THS as a base for Bitcoin cloud mining and 1 MHS as a base for Litecoin cloud mining so that we can compare the different services listed below. The list does not contain all of the cloud mining services we are using as some of them are not even worth mentioning as there is no much point in investing in them with their current prices for hashrate. Also some other services are not listed as we are having trouble to accurately figure out how much we have earned exactly for the last 24 hours. Do note that the numbers listed below at the actual coins mined for 24 hours with maintenance fees already deducted, so this is what you are actually be getting per day (based on yesterday’s payments). Do note that the list below is based only on the actually profit that the services provide, it does not take into account the price of the hashrate that each of the services currently has.
BTC Earnings for 25.11.2014 per 1000 GHS:
– Bitcoin Cloud Services BTC – 0.01248 BTC per THS Daily (1 THS price – 1.5 BTC)
– Genesis Mining BTC – 0.00964 BTC per THS Daily (2.114 BTC – $779 USD)
– PBMining BTC – 0.01117 BTC per THS Daily (1 THS price – 1.4 BTC)
– Hashie BTC – 0.00739 BTC per THS Daily (1 THS price – 1.2 BTC AMHash / 1.30403 BTC Gen1)
– ZeusHash BTC – 0.00642 BTC per THS Daily (1 THS price – 1.5315 BTC)
– Hashnest BTC – 0.00548 BTC per THS Daily (1 THS price – 1.125 BTC)
– CEX BTC – 0.00317 BTC per THS Daily (1 THS price – 1.6914 BTC)
LTC Earnings for 25.11.2014 per 1 MHS:
– Genesis Mining LTC – 0.01143 LTC per MHS Daily (1 MHS price – 5.02 LTC / $17.99 USD)
– ZeusHash LTC – 0.00423 LTC per MHS Daily (1 MHS price – 4.47 LTC / 15.99 USD)
We are not including GAW’s Hashlets as we have actually sold ours a few days ago and are currently waiting to see what new things we are going to be getting announced in the next days – PayBase, HashStaker and PayCoin. It is also interesting to note that Hashnest has apparently introduced a market for users to trad the UMISOO Bitcoin cloud hashrate that they have purchased, so you get an interesting opportunity to sell some of your hashrate at a good price or maybe buy more cheaper to possibly reach ROI faster, though the service does not currently perform so great based on actual earnings and only CEX is performing worse in our list. ZeusHash is currently not doing very well for both BTC and LTC, even though they try to attract users with various incentives and promotions all of the time, their main problem is the higher maintenance fees. Genesis Mining remains as one of the best and choices in terms of profitability, especially for people that might have some concerns about services such as PBMining or BTCCS. Also note that the numbers for some of the services might be slightly higher that what we are actually getting, for example Hashie with AMHash contracts only would get slightly better results as we have mixed hashrate with their Gen1 and AMHash hashrate, CEX also supports merged mining and the number we have above is only for the BTC earnings and does not include the merged coins.