Genesis Mining Day #6 No refferals.

in #steemit7 years ago

This little project is to see if mining with genesis mining is actually profitable without any refferals.

Contract details..
Monero 2 year mining contract 60 H/S
No maitnence fees.
Start date 12-07-2017
End date 12-07-2019

Since I paid with a credit card my first 30 days of mining are stored in a pending wallet, so just in case I were to do a charge back and cancel the order, I couldn't cash out the monero I mined.

MY PENDING BALANCE PAYOUT HISTORY

cryptonight XMR balance of 0.00065100 added to your account on 2017-12-12T12:00:00+00:00
cryptonight XMR balance of 0.00065220 added to your account on 2017-12-11T12:00:00+00:00
cryptonight XMR balance of 0.00059520 added to your account on 2017-12-10T12:00:00+00:00
cryptonight XMR balance of 0.00057300 added to your account on 2017-12-09T12:00:00+00:00

Now I will go into detail about my calculations on return.
The cryptocompare mining profitibility calculator says at 60 H/S I should be mining roughly 0.00060180 XMR everyday, which at current exchange rates is $0.183 a day for 2 years, but based on the calculations so far it is showing I should be making less than what I already am making :p
So after 365 days I will have just a little more than what I innitally invested, if XMR stays the same price, and the 2nd year is total profit.

Make sure to follow me I will continue to post updates weekly from now on!
Happy mining!