Topic: Top Cloud Miners Compared by Profitability - page 4. (Read 19634 times)
I find any person willing to pay a cloud mining company nowadays very brave, I simply lost trust in all cloudmining, because the treshold is very low to just pick up the shit and disappear, don't trust it anymore
I've been researching daily reinvestment to produce compound daily interest vs. accumulating simple interest and ignoring your principal.
I've accounted for GH/s value decline over time and mining difficulty increases and I found something I wasn't expecting.
It looks like if you start out with an average of 0.3% earned per day you actually make (lose) (-59.75%) of your original investment. If you simply chose to accumulate instead of reinvest your earnings (over a 366 day example) you actually make 114.301619216228% of your original investment (even without including your principal!!).
Here's a brief overview of my conclusions:
Starting with a daily payout percentage of 0.3=Daily compounding earns (-59.75%) of what you would earn by simply accumulating your mining payouts.
0.3=(-59.75%)
0.4=1.43%
0.5=37.34%
0.6=69%
To earn an equal or greater amount by compounding than you would with accumulation, you need to start with a minimum of 0.7% daily payout percentage.
0.7=103.45%
0.8=144.46%
0.9=196.04%
1=262.72%
1.1=350.37%
1.2=466.78%
Questions welcome! This is a puzzle I've been trying to figure out since I first became interested in bitcoin!
I've accounted for GH/s value decline over time and mining difficulty increases and I found something I wasn't expecting.
It looks like if you start out with an average of 0.3% earned per day you actually make (lose) (-59.75%) of your original investment. If you simply chose to accumulate instead of reinvest your earnings (over a 366 day example) you actually make 114.301619216228% of your original investment (even without including your principal!!).
Here's a brief overview of my conclusions:
Starting with a daily payout percentage of 0.3=Daily compounding earns (-59.75%) of what you would earn by simply accumulating your mining payouts.
0.3=(-59.75%)
0.4=1.43%
0.5=37.34%
0.6=69%
To earn an equal or greater amount by compounding than you would with accumulation, you need to start with a minimum of 0.7% daily payout percentage.
0.7=103.45%
0.8=144.46%
0.9=196.04%
1=262.72%
1.1=350.37%
1.2=466.78%
Questions welcome! This is a puzzle I've been trying to figure out since I first became interested in bitcoin!
Hi, sorry I don't quite understand, but are you saying that re-investing is worse than taking the payout and hodling it?
Yes, in some cases. If your initial yield is less than 0.7% daily return, you are better off NOT reinvesting. At least from what I can tell with my latest calculations...
I've been researching daily reinvestment to produce compound daily interest vs. accumulating simple interest and ignoring your principal.
I've accounted for GH/s value decline over time and mining difficulty increases and I found something I wasn't expecting.
It looks like if you start out with an average of 0.3% earned per day you actually make (lose) (-59.75%) of your original investment. If you simply chose to accumulate instead of reinvest your earnings (over a 366 day example) you actually make 114.301619216228% of your original investment (even without including your principal!!).
Here's a brief overview of my conclusions:
Starting with a daily payout percentage of 0.3=Daily compounding earns (-59.75%) of what you would earn by simply accumulating your mining payouts.
0.3=(-59.75%)
0.4=1.43%
0.5=37.34%
0.6=69%
To earn an equal or greater amount by compounding than you would with accumulation, you need to start with a minimum of 0.7% daily payout percentage.
0.7=103.45%
0.8=144.46%
0.9=196.04%
1=262.72%
1.1=350.37%
1.2=466.78%
Questions welcome! This is a puzzle I've been trying to figure out since I first became interested in bitcoin!
I've accounted for GH/s value decline over time and mining difficulty increases and I found something I wasn't expecting.
It looks like if you start out with an average of 0.3% earned per day you actually make (lose) (-59.75%) of your original investment. If you simply chose to accumulate instead of reinvest your earnings (over a 366 day example) you actually make 114.301619216228% of your original investment (even without including your principal!!).
Here's a brief overview of my conclusions:
Starting with a daily payout percentage of 0.3=Daily compounding earns (-59.75%) of what you would earn by simply accumulating your mining payouts.
0.3=(-59.75%)
0.4=1.43%
0.5=37.34%
0.6=69%
To earn an equal or greater amount by compounding than you would with accumulation, you need to start with a minimum of 0.7% daily payout percentage.
0.7=103.45%
0.8=144.46%
0.9=196.04%
1=262.72%
1.1=350.37%
1.2=466.78%
Questions welcome! This is a puzzle I've been trying to figure out since I first became interested in bitcoin!
It's not a puzzle, it's common sense. Doubling down on a good investment leaves you with more money, doubling down on a bad investment leaves you with less money.
If a miner will generate more coins than you pay to get it (or hashpower from a cloud mining site) getting more of them or more hashpower will leave you with more money than you started with. If it doesn't "reinvesting" will just lead to more bad investments and less money.
I've been researching daily reinvestment to produce compound daily interest vs. accumulating simple interest and ignoring your principal.
I've accounted for GH/s value decline over time and mining difficulty increases and I found something I wasn't expecting.
It looks like if you start out with an average of 0.3% earned per day you actually make (lose) (-59.75%) of your original investment. If you simply chose to accumulate instead of reinvest your earnings (over a 366 day example) you actually make 114.301619216228% of your original investment (even without including your principal!!).
Here's a brief overview of my conclusions:
Starting with a daily payout percentage of 0.3=Daily compounding earns (-59.75%) of what you would earn by simply accumulating your mining payouts.
0.3=(-59.75%)
0.4=1.43%
0.5=37.34%
0.6=69%
To earn an equal or greater amount by compounding than you would with accumulation, you need to start with a minimum of 0.7% daily payout percentage.
0.7=103.45%
0.8=144.46%
0.9=196.04%
1=262.72%
1.1=350.37%
1.2=466.78%
Questions welcome! This is a puzzle I've been trying to figure out since I first became interested in bitcoin!
I've accounted for GH/s value decline over time and mining difficulty increases and I found something I wasn't expecting.
It looks like if you start out with an average of 0.3% earned per day you actually make (lose) (-59.75%) of your original investment. If you simply chose to accumulate instead of reinvest your earnings (over a 366 day example) you actually make 114.301619216228% of your original investment (even without including your principal!!).
Here's a brief overview of my conclusions:
Starting with a daily payout percentage of 0.3=Daily compounding earns (-59.75%) of what you would earn by simply accumulating your mining payouts.
0.3=(-59.75%)
0.4=1.43%
0.5=37.34%
0.6=69%
To earn an equal or greater amount by compounding than you would with accumulation, you need to start with a minimum of 0.7% daily payout percentage.
0.7=103.45%
0.8=144.46%
0.9=196.04%
1=262.72%
1.1=350.37%
1.2=466.78%
Questions welcome! This is a puzzle I've been trying to figure out since I first became interested in bitcoin!
Hi, sorry I don't quite understand, but are you saying that re-investing is worse than taking the payout and hodling it?
I've been researching daily reinvestment to produce compound daily interest vs. accumulating simple interest and ignoring your principal.
I've accounted for GH/s value decline over time and mining difficulty increases and I found something I wasn't expecting.
It looks like if you start out with an average of 0.3% earned per day you actually make (lose) (-59.75%) of your original investment. If you simply chose to accumulate instead of reinvest your earnings (over a 366 day example) you actually make 114.301619216228% of your original investment (even without including your principal!!).
Here's a brief overview of my conclusions:
Starting with a daily payout percentage of 0.3=Daily compounding earns (-59.75%) of what you would earn by simply accumulating your mining payouts.
0.3=(-59.75%)
0.4=1.43%
0.5=37.34%
0.6=69%
To earn an equal or greater amount by compounding than you would with accumulation, you need to start with a minimum of 0.7% daily payout percentage.
0.7=103.45%
0.8=144.46%
0.9=196.04%
1=262.72%
1.1=350.37%
1.2=466.78%
Questions welcome! This is a puzzle I've been trying to figure out since I first became interested in bitcoin!
I've accounted for GH/s value decline over time and mining difficulty increases and I found something I wasn't expecting.
It looks like if you start out with an average of 0.3% earned per day you actually make (lose) (-59.75%) of your original investment. If you simply chose to accumulate instead of reinvest your earnings (over a 366 day example) you actually make 114.301619216228% of your original investment (even without including your principal!!).
Here's a brief overview of my conclusions:
Starting with a daily payout percentage of 0.3=Daily compounding earns (-59.75%) of what you would earn by simply accumulating your mining payouts.
0.3=(-59.75%)
0.4=1.43%
0.5=37.34%
0.6=69%
To earn an equal or greater amount by compounding than you would with accumulation, you need to start with a minimum of 0.7% daily payout percentage.
0.7=103.45%
0.8=144.46%
0.9=196.04%
1=262.72%
1.1=350.37%
1.2=466.78%
Questions welcome! This is a puzzle I've been trying to figure out since I first became interested in bitcoin!
As a day trader I take a different approach to buying at Hashnest. I am not concerned with ROI but only yield/day and price trend. I only hold open positions for one day usually. If you go into your account and check one day chart history for the contracts only UMISOO and S3 are trending up. Don't bother with S2 as volume is too low and market is not liquid. I would not buy S5 as price is in a downtrend.
Both UMISOO and S3 price are in good uptrends. They also offer the highest return per day for mining if you have a position open. When I place an order I try to buy at 1% less than the last price, when filled I place a sell order at fill plus 2%. I can usually get a 2% return per day. Some days I may settle for 1% depending on price action. 1% per day is still 30% per month without the risk of buy and hold.
Both UMISOO and S3 price are in good uptrends. They also offer the highest return per day for mining if you have a position open. When I place an order I try to buy at 1% less than the last price, when filled I place a sell order at fill plus 2%. I can usually get a 2% return per day. Some days I may settle for 1% depending on price action. 1% per day is still 30% per month without the risk of buy and hold.
Re: asking about cloud mining in general:
The Zeus VGHS offers a quick payback but very very low return on investment, similar to the HashNest PACMiC.
Everything is pretty high risk in the Cloud Mining department and I'd say the AntS5's are going to hold their value and continue to payout more consistently than anything else.
UMISOO looks pretty attractive at the moment but as we all know, the BTC to USD ratio could swing in the wrong direction and UMISOO would be back underwater at the drop of a hat.
So, still better odds than an online casino, but don't forget it's all a risk.
And to answer your question, in my opinion, there is no compelling reason to look at anything except AntS5 and UMISOO. The other HashNest offerings trade at much lower volume so you would have a lot of trouble getting out of them if you decided to sell at some future date.
The Zeus VGHS offers a quick payback but very very low return on investment, similar to the HashNest PACMiC.
Everything is pretty high risk in the Cloud Mining department and I'd say the AntS5's are going to hold their value and continue to payout more consistently than anything else.
UMISOO looks pretty attractive at the moment but as we all know, the BTC to USD ratio could swing in the wrong direction and UMISOO would be back underwater at the drop of a hat.
So, still better odds than an online casino, but don't forget it's all a risk.
And to answer your question, in my opinion, there is no compelling reason to look at anything except AntS5 and UMISOO. The other HashNest offerings trade at much lower volume so you would have a lot of trouble getting out of them if you decided to sell at some future date.
Just a question, what is the difference between Umisoo and umisoo averaged? I know it should be obvious, so sorry for the noob 
The UMISOO listing is calculated with the most current price available.
The UMISOO AVERAGED listing is calculated as an average daily price starting July 10th.
Thanks for your question.
Looks like u r master of HashNest
Just a question, what is the difference between Umisoo and umisoo averaged? I know it should be obvious, so sorry for the noob
The UMISOO listing is calculated with the most current price available.
The UMISOO AVERAGED listing is calculated as an average daily price starting July 10th.
Thanks for your question.
Just a question, what is the difference between Umisoo and umisoo averaged? I know it should be obvious, so sorry for the noob
Hashnest used to be an inefficient market with different profitability among the mining contracts offered. That is no longer the case. See https://forum.bitmain.com/bbs/topics/1918 for details.
Since there is no longer an advantage to a particular contract it would make sense to buy the contract that is most liquid which is S5. However, there is an interesting glitch that may make UMISOO a hedge against bad pool luck explained at https://forum.bitmain.com/bbs/topics/1929
We will be working on a trading stategy for Hashnest based on momentum and will publish details once underway. At the moment we have our investment at Hashnest divided between UMISOO and S5.
We were not happy with the returns on our PACMiCv1 contract see our blog article how to profit with Bitmain Hashnest for details.
Just for grins we noticed ZeusHash VGHSv1 is back in stock and bought some today will report yield in 30 days. Not really expecting much but we like to try out the options to give our readers the real skinny.
Since there is no longer an advantage to a particular contract it would make sense to buy the contract that is most liquid which is S5. However, there is an interesting glitch that may make UMISOO a hedge against bad pool luck explained at https://forum.bitmain.com/bbs/topics/1929
We will be working on a trading stategy for Hashnest based on momentum and will publish details once underway. At the moment we have our investment at Hashnest divided between UMISOO and S5.
We were not happy with the returns on our PACMiCv1 contract see our blog article how to profit with Bitmain Hashnest for details.
Just for grins we noticed ZeusHash VGHSv1 is back in stock and bought some today will report yield in 30 days. Not really expecting much but we like to try out the options to give our readers the real skinny.
Hey, thanks for the links. I like your blog!
To the OP: I got a "site disabled for violating terms" or some such nonsense. I hope you can get it back, because this site is freaking awesome. Thanks for the site so far, and I hope to see it up again soon
Thanks for the encouragement! My site is back up again! It seems that someone is harassing me by "reporting" my site without telling me what their complaint is.
I've tried to pack in all of the information I'd want to see into my profitability comparison table. I'm glad you're finding it useful!
Hashnest used to be an inefficient market with different profitability among the mining contracts offered. That is no longer the case. See https://forum.bitmain.com/bbs/topics/1918 for details.
Since there is no longer an advantage to a particular contract it would make sense to buy the contract that is most liquid which is S5. However, there is an interesting glitch that may make UMISOO a hedge against bad pool luck explained at https://forum.bitmain.com/bbs/topics/1929
We will be working on a trading stategy for Hashnest based on momentum and will publish details once underway. At the moment we have our investment at Hashnest divided between UMISOO and S5.
We were not happy with the returns on our PACMiCv1 contract see our blog article how to profit with Bitmain Hashnest for details.
Just for grins we noticed ZeusHash VGHSv1 is back in stock and bought some today will report yield in 30 days. Not really expecting much but we like to try out the options to give our readers the real skinny.
Since there is no longer an advantage to a particular contract it would make sense to buy the contract that is most liquid which is S5. However, there is an interesting glitch that may make UMISOO a hedge against bad pool luck explained at https://forum.bitmain.com/bbs/topics/1929
We will be working on a trading stategy for Hashnest based on momentum and will publish details once underway. At the moment we have our investment at Hashnest divided between UMISOO and S5.
We were not happy with the returns on our PACMiCv1 contract see our blog article how to profit with Bitmain Hashnest for details.
Just for grins we noticed ZeusHash VGHSv1 is back in stock and bought some today will report yield in 30 days. Not really expecting much but we like to try out the options to give our readers the real skinny.
Hey, thanks for the links. I like your blog!
To the OP: I got a "site disabled for violating terms" or some such nonsense. I hope you can get it back, because this site is freaking awesome. Thanks for the site so far, and I hope to see it up again soon
Hashnest used to be an ineffecient market with different profitability among the mining contracts offered. That is no longer the case. See https://forum.bitmain.com/bbs/topics/1918 for details.
Since there is no longer an advantage to a particular contract it would make sense to buy the contract that is most liquid which is S5. However, there is an interesting glitch that may make UMISOO a hedge against bad pool luck explained at https://forum.bitmain.com/bbs/topics/1929
We will be working on a trading stategy for Hashnest based on momentum and will publish details once underway. At the moment we have our investment at Hashnest divided between UMISOO and S5.
We were not happy with the returns on our PACMiCv1 contract see our blog article how to profit with Bitmain Hashnest for details.
Just for grins we noticed ZeusHash VGHSv1 is back in stock and bought some today will report yield in 30 days. Not really expecting much but we like to try out the options to give our readers the real skinny.
Since there is no longer an advantage to a particular contract it would make sense to buy the contract that is most liquid which is S5. However, there is an interesting glitch that may make UMISOO a hedge against bad pool luck explained at https://forum.bitmain.com/bbs/topics/1929
We will be working on a trading stategy for Hashnest based on momentum and will publish details once underway. At the moment we have our investment at Hashnest divided between UMISOO and S5.
We were not happy with the returns on our PACMiCv1 contract see our blog article how to profit with Bitmain Hashnest for details.
Just for grins we noticed ZeusHash VGHSv1 is back in stock and bought some today will report yield in 30 days. Not really expecting much but we like to try out the options to give our readers the real skinny.
Ok, we'll see. In theory at least UMISOO and AntS2 contracts should be the same price... For now I'll just keep checking my profitability table...
Hashnest used to be an inefficient market with different profitability among the mining contracts offered. That is no longer the case. See https://forum.bitmain.com/bbs/topics/1918 for details.
Since there is no longer an advantage to a particular contract it would make sense to buy the contract that is most liquid which is S5. However, there is an interesting glitch that may make UMISOO a hedge against bad pool luck explained at https://forum.bitmain.com/bbs/topics/1929
We will be working on a trading stategy for Hashnest based on momentum and will publish details once underway. At the moment we have our investment at Hashnest divided between UMISOO and S5.
We were not happy with the returns on our PACMiCv1 contract see our blog article how to profit with Bitmain Hashnest for details.
Just for grins we noticed ZeusHash VGHSv1 is back in stock and bought some today will report yield in 30 days. Not really expecting much but we like to try out the options to give our readers the real skinny.
Since there is no longer an advantage to a particular contract it would make sense to buy the contract that is most liquid which is S5. However, there is an interesting glitch that may make UMISOO a hedge against bad pool luck explained at https://forum.bitmain.com/bbs/topics/1929
We will be working on a trading stategy for Hashnest based on momentum and will publish details once underway. At the moment we have our investment at Hashnest divided between UMISOO and S5.
We were not happy with the returns on our PACMiCv1 contract see our blog article how to profit with Bitmain Hashnest for details.
Just for grins we noticed ZeusHash VGHSv1 is back in stock and bought some today will report yield in 30 days. Not really expecting much but we like to try out the options to give our readers the real skinny.
Since you have already included stakeminers, why don't you include PoS coins as well?
It would widen investment options for people who follow your website.
It would widen investment options for people who follow your website.
I'm not sure I'd invest in individual coins. Stakeminers is a blended investment and pays weekly in bitcoin. This makes it similar to the other options listed.
What happened to your website, dude? 
Thanks for the note! I've got it fixed now!!
Even if they offer a marginal profit overall, I love my PACMICs 
I assume it's mostly a psychological thing, but I enjoy getting paid fast, just as they find blocks, and invest it in other stuff at Hashnest.
I assume it's mostly a psychological thing, but I enjoy getting paid fast, just as they find blocks, and invest it in other stuff at Hashnest. 
Since you have already included stakeminers, why don't you include PoS coins as well?
It would widen investment options for people who follow your website.
It would widen investment options for people who follow your website.
Jump to: