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Topic: High Performance Bitcoin Mining | Starting from 0.0004 BTC/Ghs | Since 2014 - page 34. (Read 89610 times)

hero member
Activity: 854
Merit: 503
I get no payouts the last 2 weeks....
hero member
Activity: 854
Merit: 503
Guys anybody get no payout 22.12 and 29.12?
hero member
Activity: 1022
Merit: 500
Story continues, payout update
I've got my first payout too. Becuse I've got few PM's asking what is my experience with cloudmining.website here is my story so far:
Usinng black friday promo I bought 260GH for 0.2BTC (10% (20GH) was given extra by CM.W, 20% extra my friend returned to me (0.04BTC) and I bought another 40GH)

Invested:
0.2BTC/260GH, average ~0.0077BTC/10GH

Payment #:
1: 0.01463184BTC, average ~0.00008039BTC/10GH/day
2: 0.01569475BTC (-0.0005 refferal), average 0.00008348BTC/10GH/day
3: 0.01079236BTC (-0.0005 refferal), average 0.00005655BTC/10GH/day
4: 0.01021826BTC, average 0.00005614/10GH/day

TOTAL: 0.05033721BTC

ROI so far:
25.16%, average ~0.8985%/day
expected 100% ROI in next 83 days

4th payout. Little less than previous, price of BTC was almost identical during this week, and at least there is payout. Today few cloudmining services had troubles...




Thanks for the stats.

What cloud mining services had troubles?
legendary
Activity: 1029
Merit: 1000
Story continues, payout update
I've got my first payout too. Becuse I've got few PM's asking what is my experience with cloudmining.website here is my story so far:
Usinng black friday promo I bought 260GH for 0.2BTC (10% (20GH) was given extra by CM.W, 20% extra my friend returned to me (0.04BTC) and I bought another 40GH)

Invested:
0.2BTC/260GH, average ~0.0077BTC/10GH

Payment #:
1: 0.01463184BTC, average ~0.00008039BTC/10GH/day
2: 0.01569475BTC (-0.0005 refferal), average 0.00008348BTC/10GH/day
3: 0.01079236BTC (-0.0005 refferal), average 0.00005655BTC/10GH/day
4: 0.01021826BTC, average 0.00005614/10GH/day

TOTAL: 0.05033721BTC

ROI so far:
25.16%, average ~0.8985%/day
expected 100% ROI in next 83 days

4th payout. Little less than previous, price of BTC was almost identical during this week, and at least there is payout. Today few cloudmining services had troubles...


newbie
Activity: 42
Merit: 0
There is nothing wrong in getting double, exact, half or quarter of what calculator is showing you. I had around 1 Ghs hardware in 2013, which was a good amount then. I mined zero BTC in consecutive days and got minuscule amount for week. This is normal due to mining luck.

You are talking about solo mining.. This is different.. Don't you think?

OP has stated here and in the giveaway thread that support is provided from their forum. I can see people are asking Qs over there and getting answer. So, instead of following the process, if you keep screaming over here, chances are low that you'll get any proper answer in future too...

Yes, I did it with full awareness. This is the main topic. People should know what is happening.

There is no pre-defined formula of correct/incorrect payment. If you think, the payment close to mining calculator is correct and far from mining calculator is incorrect, then you are incorrect indeed. Another user mentioned a quote from their forum which clearly explains the maintenance fee. There is no point in being lunatic to claim that there wont be any maintenance fee to ensure an ending like PB mining. Consistent and steady return is what we look for...

This service was working "VERY" smooth and stable from first day of the operation till 18th of December - when payments fell by half.
hero member
Activity: 784
Merit: 501
I already tried to explain your Q from my understanding in the giveaway thread...

I am mining at cloudmining.website from almost beginning and from my findings I can tell you that the average is fine.

I'm mining at cloudmining.website from beginning. From 100Ghs till around 18th of December daily earning was more then 0.001 (similar to calculator results) Now i have around 0.0005. That is half and that is FACT! (screen shots you can see in giveaway thread)


There is nothing wrong in getting double, exact, half or quarter of what calculator is showing you. I had around 1 Ghs hardware in 2013, which was a good amount then. I mined zero BTC in consecutive days and got minuscule amount for week. This is normal due to mining luck.


But, interestingly you are still trying to flood that thread for no apparent reason.
Reasons:
Support answears you can read above - are laconic.
No answears from OP.
My reaction is natural. I'm angry. I feel robbed.
My question is simple: Why do we get half as much as we should get if there is no maintenance fee ? (Support: "There is no fixed maintenance fee here.")

OP has stated here and in the giveaway thread that support is provided from their forum. I can see people are asking Qs over there and getting answer. So, instead of following the process, if you keep screaming over here, chances are low that you'll get any proper answer in future too...

We have launched our own forum at http://forum.cloudmining.website. Please post all your support requests in Cloud Mining Support. From now on, all support request resolution will take place through our forum.


This night payment for me is correct. Thank you. Hopefully now everything will be on the right track.
But what about ten days half payment?

There is no pre-defined formula of correct/incorrect payment. If you think, the payment close to mining calculator is correct and far from mining calculator is incorrect, then you are incorrect indeed. Another user mentioned a quote from their forum which clearly explains the maintenance fee. There is no point in being lunatic to claim that there wont be any maintenance fee to ensure an ending like PB mining. Consistent and steady return is what we look for...

Someone asked a question re: maintenance fees on the cloudmining.website forum:

http://forum.cloudmining.website/viewtopic.php?f=3&t=6&sid=4a033337711cadefb1c39a7d860743ba

interesting reply:

"First of all, congratulations for making the first post of the forum. It has not yet been 24 hour that we have launched this. Smiley

There is no fixed maintenance fee here. If you check the latest payout of everyday, you'll see that it is varying. This is because, the variance in mining luck, we are mining different amount everyday against the same hash power. Same is also mentioned under Note in www.cloudmining.website/calculator.php . Now, the electricity consumption found from our meter everyday is deducted after converting it to bitcoin cost. Both consumption and bitcoin value are variable here. You also need to consider that time to time we rent hash power from external sources to meet increasing demand, where the renting rate is a variable. Hence, it is difficult to provide you a straight out formula to calculate your fees. It is an average that you get."
newbie
Activity: 42
Merit: 0
This night payment for me is correct. Thank you. Hopefully now everything will be on the right track.
But what about ten days half payment?
legendary
Activity: 1078
Merit: 1001
For me everything work smooth..

As smooth as pbmining 2-3 weeks ago?

I am not going to die. Ever. Everything work smooth for me up to now  Roll Eyes
You have a track record of promoting 100% scams, LOL.

look who is talking scam boy!
legendary
Activity: 980
Merit: 1040
My question is simple: Why do we get half as much as we should get if there is no maintenance fee ? (Support: "There is no fixed maintenance fee here.")

You already gave the answer:

Quote
I feel robbed.

You were robbed. Just like everyone with a brain and a conscience predicted.
newbie
Activity: 42
Merit: 0
I already tried to explain your Q from my understanding in the giveaway thread...

I am mining at cloudmining.website from almost beginning and from my findings I can tell you that the average is fine.

I'm mining at cloudmining.website from beginning. From 100Ghs till around 18th of December daily earning was more then 0.001 (similar to calculator results) Now i have around 0.0005. That is half and that is FACT! (screen shots you can see in giveaway thread)


But, interestingly you are still trying to flood that thread for no apparent reason.
Reasons:
Support answears you can read above - are laconic.
No answears from OP.
My reaction is natural. I'm angry. I feel robbed.
My question is simple: Why do we get half as much as we should get if there is no maintenance fee ? (Support: "There is no fixed maintenance fee here.")
hero member
Activity: 784
Merit: 501
Now you can place an order upto 90 THs at a time. To celebrate the launch of this feature at the year end, we are giving away upto 9 THs per account => https://bitcointalksearch.org/topic/cloudminingwebsite-is-giving-away-upto-9-ths-per-account-905823

Offer Details :-

1. With every successful order equal or above 1 Ths, we are giving away 10% of free hash power.

2. Offer valid till December 31, 2014 12pm (GMT)

So 10% free for an order of 1THS or more. Price is 0.001/GHS?

Nice.. till when you understand that from 1THS you can get 50% of calculated earnings..

Why only 50%? Because of the maintenance cost?

What maintenance costs? (ironic) Support:

"There is no fixed maintenance fee here. If you check the latest payout of everyday, you'll see that it is varying. This is because, the variance in mining luck, we are mining different amount everyday against the same hash power. Same is also mentioned under Note in www.cloudmining.website/calculator.php . Now, the electricity consumption found from our meter everyday is deducted after converting it to bitcoin cost. Both consumption and bitcoin value are variable here. You also need to consider that time to time we rent hash power from external sources to meet increasing demand, where the renting rate is a variable. Hence, it is difficult to provide you a straight out formula to calculate your fees. It is an average that you get."

When you use calculator - from 100 GHs you have more then 0.00120 but in practice you get less then 0.0006.

Support explanation:

"Please note that the calculator shows a theoretical amount, which will most likely be not equal to the practical payment amount. I would request you to check the note below the calculator..."

Really? 0.00120 ~ 0.0006 difference (For me thats 100% difference, but someone explain me that is only 50% - ok - i get it..)

WHERE IS MY 50% OF EARNINGS?



I already tried to explain your Q from my understanding in the giveaway thread...

My post was deleted by OP. Ok. Maybe was to offense..

Let's try in softly way:

If calculator shows ~0.000120 from 100ghs and payment is less then ~0.00060.

Why difference is 100%?

First get your facts straight. The difference in your example is 50%, not 100%.

(0.00120 - 0.00060)*100/0.00120 = 50 (You probably added an extra zero in the left of 0.00120 by mistake)

Have you ever done mining with hardware ? I think no. That is why you are asking these Qs.

What those mining calculators tell you is simply a theoretical return. In reality mining amount against same hash power varies every day. Even the cost of electricity varies everyday to run the same miner. If you want to make an average, you have to take a data set of at least 3 months. I am mining at cloudmining.website from almost beginning and from my findings I can tell you that the average is fine.

Moreover, as OP is saying time and again, this thread is for giveaway, not service discussion. So, if you want to continue this discussion, you'll better be posting in their service announcement thread as mentioned in the OP or in their forum as OP mentioned in the last post. Otherwise, all our conversation may get deleted again.

But, interestingly you are still trying to flood that thread for no apparent reason.
legendary
Activity: 2282
Merit: 1035
Now you can place an order upto 90 THs at a time. To celebrate the launch of this feature at the year end, we are giving away upto 9 THs per account => https://bitcointalksearch.org/topic/cloudminingwebsite-is-giving-away-upto-9-ths-per-account-905823

Offer Details :-

1. With every successful order equal or above 1 Ths, we are giving away 10% of free hash power.

2. Offer valid till December 31, 2014 12pm (GMT)

So 10% free for an order of 1THS or more. Price is 0.001/GHS?

Nice.. till when you understand that from 1THS you can get 50% of calculated earnings..

Why only 50%? Because of the maintenance cost?

What maintenance costs? (ironic) Support:

"There is no fixed maintenance fee here. If you check the latest payout of everyday, you'll see that it is varying. This is because, the variance in mining luck, we are mining different amount everyday against the same hash power. Same is also mentioned under Note in www.cloudmining.website/calculator.php . Now, the electricity consumption found from our meter everyday is deducted after converting it to bitcoin cost. Both consumption and bitcoin value are variable here. You also need to consider that time to time we rent hash power from external sources to meet increasing demand, where the renting rate is a variable. Hence, it is difficult to provide you a straight out formula to calculate your fees. It is an average that you get."

When you use calculator - from 100 GHs you have more then 0.00120 but in practice you get less then 0.0006.

Support explanation:

"Please note that the calculator shows a theoretical amount, which will most likely be not equal to the practical payment amount. I would request you to check the note below the calculator..."

Really? 0.00120 ~ 0.0006 difference (For me thats 100% difference, but someone explain me that is only 50% - ok - i get it..)

WHERE IS MY 50% OF EARNINGS?


straight away talking.. where is 50% of earnings?
newbie
Activity: 42
Merit: 0
Now you can place an order upto 90 THs at a time. To celebrate the launch of this feature at the year end, we are giving away upto 9 THs per account => https://bitcointalksearch.org/topic/cloudminingwebsite-is-giving-away-upto-9-ths-per-account-905823

Offer Details :-

1. With every successful order equal or above 1 Ths, we are giving away 10% of free hash power.

2. Offer valid till December 31, 2014 12pm (GMT)

So 10% free for an order of 1THS or more. Price is 0.001/GHS?

Nice.. till when you understand that from 1THS you can get 50% of calculated earnings..

Why only 50%? Because of the maintenance cost?

What maintenance costs? (ironic) Support:

"There is no fixed maintenance fee here. If you check the latest payout of everyday, you'll see that it is varying. This is because, the variance in mining luck, we are mining different amount everyday against the same hash power. Same is also mentioned under Note in www.cloudmining.website/calculator.php . Now, the electricity consumption found from our meter everyday is deducted after converting it to bitcoin cost. Both consumption and bitcoin value are variable here. You also need to consider that time to time we rent hash power from external sources to meet increasing demand, where the renting rate is a variable. Hence, it is difficult to provide you a straight out formula to calculate your fees. It is an average that you get."

When you use calculator - from 100 GHs you have more then 0.00120 but in practice you get less then 0.0006.

Support explanation:

"Please note that the calculator shows a theoretical amount, which will most likely be not equal to the practical payment amount. I would request you to check the note below the calculator..."

Really? 0.00120 ~ 0.0006 difference (For me thats 100% difference, but someone explain me that is only 50% - ok - i get it..)

WHERE IS MY 50% OF EARNINGS?

hero member
Activity: 1022
Merit: 500
Now you can place an order upto 90 THs at a time. To celebrate the launch of this feature at the year end, we are giving away upto 9 THs per account => https://bitcointalksearch.org/topic/cloudminingwebsite-is-giving-away-upto-9-ths-per-account-905823

Offer Details :-

1. With every successful order equal or above 1 Ths, we are giving away 10% of free hash power.

2. Offer valid till December 31, 2014 12pm (GMT)

So 10% free for an order of 1THS or more. Price is 0.001/GHS?

Nice.. till when you understand that from 1THS you can get 50% of calculated earnings..

Why only 50%? Because of the maintenance cost?
legendary
Activity: 2282
Merit: 1035
Now you can place an order upto 90 THs at a time. To celebrate the launch of this feature at the year end, we are giving away upto 9 THs per account => https://bitcointalksearch.org/topic/cloudminingwebsite-is-giving-away-upto-9-ths-per-account-905823

Offer Details :-

1. With every successful order equal or above 1 Ths, we are giving away 10% of free hash power.

2. Offer valid till December 31, 2014 12pm (GMT)

So 10% free for an order of 1THS or more. Price is 0.001/GHS?

Nice.. till when you understand that from 1THS you can get 50% of calculated earnings..
hero member
Activity: 1022
Merit: 500
Now you can place an order upto 90 THs at a time. To celebrate the launch of this feature at the year end, we are giving away upto 9 THs per account => https://bitcointalksearch.org/topic/cloudminingwebsite-is-giving-away-upto-9-ths-per-account-905823

Offer Details :-

1. With every successful order equal or above 1 Ths, we are giving away 10% of free hash power.

2. Offer valid till December 31, 2014 12pm (GMT)

So 10% free for an order of 1THS or more. Price is 0.001/GHS?
legendary
Activity: 1662
Merit: 1050
For me everything work smooth..

As smooth as pbmining 2-3 weeks ago?

I am not going to die. Ever. Everything work smooth for me up to now  Roll Eyes
You have a track record of promoting 100% scams, LOL.

You mean hashprofit referral in my signature? Yes, it looks like scam, but I am getting such a lot of btc from this referral, that I can't resist to keep it in my signature.


What % HashProfit is offering for referral sale ?
sr. member
Activity: 257
Merit: 250
Now you can place an order upto 90 THs at a time. To celebrate the launch of this feature at the year end, we are giving away upto 9 THs per account => https://bitcointalksearch.org/topic/cloudminingwebsite-is-giving-away-upto-9-ths-per-account-905823
legendary
Activity: 2282
Merit: 1035
For me everything work smooth..

As smooth as pbmining 2-3 weeks ago?

I am not going to die. Ever. Everything work smooth for me up to now  Roll Eyes
You have a track record of promoting 100% scams, LOL.

You mean hashprofit referral in my signature? Yes, it looks like scam, but I am getting such a lot of btc from this referral, that I can't resist to keep it in my signature.

A'propos HashProfit -  something is going on: https://bitcointalksearch.org/topic/hash-profit-show-new-face-905567
yvv
legendary
Activity: 1344
Merit: 1000
.
For me everything work smooth..

As smooth as pbmining 2-3 weeks ago?

I am not going to die. Ever. Everything work smooth for me up to now  Roll Eyes
You have a track record of promoting 100% scams, LOL.

You mean hashprofit referral in my signature? Yes, it looks like scam, but I am getting such a lot of btc from this referral, that I can't resist to keep it in my signature.
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