As some of you may or might now know, I have also recently been investing in Mining Sweden, a cloud mining company based in Sweden.
I purchased 50 VIP shares with them, each VIP share is 5 GH/s so my total hashpower is 250 GH/s.
Now my contract is valid for one year, but unlike Genesis Mining for example, my contract includes all fees up front, so very similar to the kind of contracts that Genesis Mining did before they changed to lifetime contracts. So my payouts already include maintenance and electricity costs for the year.
They also sell Non Vip shares which are cheaper and these also are for one year and include all costs.
The different between VIP shares is that with VIP shares, you will also get to share in the companies profits in the future. More details can be found on their website or on my youtube channel.
I thought I would start listing my payouts here for 250 GH/s. They pay out each week and have been on time, no problems whatsoever.
So here are the payouts. 250 GH/s SHA 256
27 Feb 2015 0.0197925
06 Mar 2015 0.0188475
13 Mar 2015 0.0188475
20 Mar 2015 0.01855
27 Mar 2015 0.022617 (due to good mining that week, payouts were awarded with 20% extra)
So as you can see the payouts are not too bad, although the upfront costs are higher to start with.
I will post the payout each Friday now. I hope you will find it useful.
Mining Sweden Easter competition details here
https://youtu.be/lsbgh3G-gE8Last payout video here, 27th March 2015 and other information
https://www.youtube.com/watch?v=tzonLfzvt1MIan