Top Cloud Miners Compared by Profitability - page 2.

techgeek

hero member

Activity: 826

Merit: 1000

Quote from: kaprosuchus on February 23, 2016, 02:03:00 PM

The image details exactly how my (AntS5) profit has declined over the past 70 days.

My starting daily payout was 0.7341805919% of my principal.

My current daily payout is 0.1171920740751260% of my principal.

My average daily payout declines -1.332518616% every day.

If this rate of decline remains stable, I will only make back 34.9358556% of my principal.

In other words, at this rate I will never make my money back and instead I will lose 65.0641444% of my investment.

The two key factors contributing to payout decline are difficulty increase and BTC/USD denominated fees.

If you would like further explanation, please let me know.

Thanks for this thread and your updates.

This just makes me to confirm my thoughts on mining in general. To see a negative # of days to get paid out just disgusts me.

I`m guessing youre really either in it for the long haul or this is spare money.

kaprosuchus

full member

Activity: 144

Merit: 100

Compare Cloud Miners By Daily Payout!!

The image details exactly how my (AntS5) profit has declined over the past 70 days.

My starting daily payout was 0.7341805919% of my principal.

My current daily payout is 0.1171920740751260% of my principal.

My average daily payout declines -1.332518616% every day.

If this rate of decline remains stable, I will only make back 34.9358556% of my principal.

In other words, at this rate I will never make my money back and instead I will lose 65.0641444% of my investment.

The two key factors contributing to payout decline are difficulty increase and BTC/USD denominated fees.

If you would like further explanation, please let me know.

kaprosuchus

full member

Activity: 144

Merit: 100

Compare Cloud Miners By Daily Payout!!

AntS5 Numbers (day 70):
(UPDATED)

https://sites.google.com/site/freebitcoinsforall/

kaprosuchus

full member

Activity: 144

Merit: 100

Compare Cloud Miners By Daily Payout!!

AntS5 Numbers (day 59):
(UPDATED)

https://sites.google.com/site/freebitcoinsforall/

kaprosuchus

full member

Activity: 144

Merit: 100

Compare Cloud Miners By Daily Payout!!

AntS5 Numbers (day 50):
(UPDATED)

https://sites.google.com/site/freebitcoinsforall/

crazyivan

legendary

Activity: 1652

Merit: 1007

DMD Diamond Making Money 4+ years! Join us!

Yes, home and cloud mining does seem as a lost cause. What s left?

Proof of stake mining. I recommend DMD Diamond coin.

toni_maroni

jr. member

Activity: 70

Merit: 3

S7 kicked S3 and S4 out,
16nm do the same with S5 and maybe S7
late buyed s5 will never reach roi, 16nm is on the way

kaprosuchus

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Activity: 144

Merit: 100

Compare Cloud Miners By Daily Payout!!

Quote from: Temo58 on January 18, 2016, 01:59:10 PM

Hm makes Pacmic v1 look pretty enticing. I just hate having bitcoin tied up where I can not sell it which is why I have always been investing recently in the S3s. The S5s and S4s are expensive for the value although the S5 is enticing due to the daily volume making it much easier to get out at a reasonable price.

Note: the S3 is currently underwater and the S4 fees are 97.05022905974230% of expected PPS earnings...

kaprosuchus

full member

Activity: 144

Merit: 100

Compare Cloud Miners By Daily Payout!!

The image details exactly how my (AntS5) profit has declined over the past 41 days.

My starting daily payout was 0.7341805919% of my principal.

My current daily payout is 0.262949915062229% of my principal.

My average daily payout declines -1.968164087% every day.

If this rate of decline remains stable, I will only make back 33.36612811% of my principal.

In other words, at this rate I will never make my money back and instead I will lose 66.63387189% of my investment.

The two key factors contributing to payout decline are difficulty increase and BTC/USD denominated fees.

If you would like further explanation, please let me know.

Temo58

full member

Activity: 154

Merit: 100

Hm makes Pacmic v1 look pretty enticing. I just hate having bitcoin tied up where I can not sell it which is why I have always been investing recently in the S3s. The S5s and S4s are expensive for the value although the S5 is enticing due to the daily volume making it much easier to get out at a reasonable price.

marty123

full member

Activity: 162

Merit: 100

Looks like the OP has not been updated for long time, scrypt and many others are ponzis.

kaprosuchus

full member

Activity: 144

Merit: 100

Compare Cloud Miners By Daily Payout!!

AntS5 Numbers (day 41):
(UPDATED)

https://sites.google.com/site/freebitcoinsforall/

kaprosuchus

full member

Activity: 144

Merit: 100

Compare Cloud Miners By Daily Payout!!

AntS5 Numbers:
(UPDATED)

https://sites.google.com/site/freebitcoinsforall/

kaprosuchus

full member

Activity: 144

Merit: 100

Compare Cloud Miners By Daily Payout!!

Note: AntS3 is now underwater after the last difficulty increase and slight BTC/USD dip.

kaprosuchus

full member

Activity: 144

Merit: 100

Compare Cloud Miners By Daily Payout!!

AntS5 Numbers:
(UPDATED)

https://sites.google.com/site/freebitcoinsforall/

kaprosuchus

full member

Activity: 144

Merit: 100

Compare Cloud Miners By Daily Payout!!

@toni_maroni

Apparently 1 is enough on a Monday (for the weekly ranking you give as an example).

Did you know your screenshot link includes a pop-up advertisement?

kaprosuchus

full member

Activity: 144

Merit: 100

Compare Cloud Miners By Daily Payout!!

My net payouts are averaging 0.5633255135% (of principal) per day.
So, yes, I am "making money" by that measure.

However, the market value of my S5 is losing 0.988703552% a day.
So, when I combine the market value of my S5 GH/s and my total payouts, if I sold everything today I would lose 8.50756077% of my principal.

Obviously I'm hoping that with enough time, my payouts will outpace my losses. I certainly hope it will be less than my estimated 796 days-to-break-even, but with another large (12.45%) diff increase in the next 2.7 days, I guess only time will tell.

I'm posting these numbers to try and cut through the cloud of hype that masks a realistic understanding of Bitcoin mining's profit potential.

toni_maroni

jr. member

Activity: 70

Merit: 3

Quote from: toni_maroni on September 15, 2015, 03:50:09 PM

please remove zeushash too, you cant buy VGHSv1 30day,
and zeushash is a scam

weekly scam promoter no1:

how much referals do you need to reach zeushash-referal-ranking place 1?

edit: switch from directupload to imgur

kaprosuchus

full member

Activity: 144

Merit: 100

Compare Cloud Miners By Daily Payout!!

AntS5 Numbers:
(UPDATED)

https://sites.google.com/site/freebitcoinsforall/

kaprosuchus

full member

Activity: 144

Merit: 100

Compare Cloud Miners By Daily Payout!!

I re-examined my StakeMiners calculation and the revised break-even estimate looks like 822 days. However with the declining value of alt-coins this 822 day estimate seems overly optimistic.

I recently had enough "faith" to invest in the HashNest AntS5s even though the break-even estimate currently shows 183 days which is again a bit overly optimistic I'm afraid.

In the past I've said that bitcoin mining is like investing in magic ice cubes. You have to make sure your magic ice cubes are producing more magic ice cubes faster than the melt rate. According to my calculations, you should not re-invest your magic ice cube payouts unless you are making at least 1.7% of your original investment daily. Now I'm thinking you should not re-invest your payouts unless your daily profit is at least 0.5% greater than your daily GH/s market re-sale value loss which is currently about -2.24% on the AntS5s which would make your target daily payout 2.74% which is a pretty astronomical rate of return.

I posted some numbers related to my S5 profitability near the top of my page (link below).

https://sites.google.com/site/freebitcoinsforall/

Topic: Top Cloud Miners Compared by Profitability - page 2. (Read 19634 times)