Year ago, when I look for another opportunity then run own miners I found Genesis Mining with their offer to use Cloud mining in smart and diferent way to hash for mix of coins. Offer was interesting as I received like 10% discount of initial price. So make it short, this is report showing my investment and what I received as a payment during 12 month when contract was valid.
Initial investment:
0.4291 BTC
Payments by month:
0.07456656
0.04482120
0.02725750
0.02627661
0.02055218
0.01523150
0.01137384
0.00990287
0.01075219
0.01075442
0.00951173
0.01001327
0.00239668
In sum my contract finish with lost of 0.15568945 BTC.
This is fact for cloud mining as I saw lot of dicsussion here around I would like to show when my contract expired.
That just illustrates the reason you should stop buying contracts and get a physical miner and have it hosted in a reliable hosting place. After you reach break-even point, you still have a miner that you can resell and be used by those who pay less for electricity.
