Yesterday I missed one post so today I do both together. Sorry for missing it, it was a really busy day in my business. Things keep going well, but still within the 4 months to recover investment. Let's see if bitcon price increases and I can recover earlier. If it falls below 3 months to recover I might invest in more hash power.
This is the update on the account history for the two days:
I was 100% in the BW pool and I got 0.00068174 for day 5 and 0.00069732 for day 6, which at today's price it is $9.949 and $10.176. The payout has been all the time in the range of 0.00066 and 0.00069 except one day 3 that was 0.00073513 with 50% Antpool and 50% BW. I'm going to try again that combination to see if I reach again the 0.0007+.
When we take into account the fees (0.00013309 and 0.00012755) the net payout is 0.00054865 ($8.006) and 0.00056977 ($8.315).
I don't know why Hashflare did not reinvest on my day 4. Didn't I have enough funds (I believe I did)? did some background process to reinvest fail? or maybe they didn't have enough hardware to allocate me additional hashrate? In any case, on days 5 and 6 they did reinvest and my current hashrate is 5.18 TH/s:
The best pools today:
Antpool and BW, which is what I was planning to do because when I had that combination on day 3 I got the best payout so far.
Good news! The time to recover the investment has improved again as now it says $303.80 per month (before maintenance fees)
The calculations done taking into account fees:
It says that we'll recover the investment in 132,29 days or 4,41 months.
What do you think? Is it worth it?
Please leave your comments below!
If you want to try investing in cloud mining like me please use the link below and I'll get a few bucks for the referral... everything helps! :D
https://hashflare.io/r/70E314F
History:
- Day 4 of Bitcoin Mining in HashFlare: the effect of bitcoin price drop. Hashrate 5.07
https://steemit.com/cryptocurrency/@freedomvigilante/day-4-of-bitcoin-mining-in-hashflare-the-effect-of-bitcoin-price-drop-hashrate-5-07 - Day 3 of Bitcoin Mining in HashFlare: earnings rate increases. Hashrate 5.07 TH/s
https://steemit.com/tag/@freedomvigilante/day-3-of-bitcoin-mining-in-hashflare-earnings-rate-increases-hashrate-5-07-th-s - Day 2 of Bitcoin Mining in HashFlare: first results, time to break even. Hashrate 5.04 TH/s https://steemit.com/cryptocurrency/@freedomvigilante/day-2-of-bitcoin-mining-in-hashflare-first-results-time-to-break-even-hashrate-5-04-th-s
- Day 1 of Bitcoin Mining in HashFlare: would it be profitable? Investing $1100 initially
https://steemit.com/hashflare/@freedomvigilante/day-1-of-bitcoin-mining-in-hashflare-would-it-be-profitable-investing-usd1100-initially
Other interesting posts:
- Do we create our own reality? What is reality?
https://steemit.com/meditation/@freedomvigilante/do-we-create-our-own-reality-what-is-reality
This article took me some time to compose, please support my work by upvoting and following me if you are interested in the subject so I get incentivized to publish more, I also post about health and politics ;)
China is closing pools and exchanges. Probably Hash Flare will stop to work with BTCC pool.
That's a good point! I believe that Antpool and BW are also in China, right? So far they 50% allocation on those is what produces better results.
So according to this if China pools go down we'll still have Slush! :o
Yes, but China has the biggest pool in the world. If they will close I think mining will be more difficult.