Hello guys,
I'm beginner at cloudmining, so I started by investing 5$ in Eobot and started mining some altcoins and here is the result:
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FNqzfKOF.png&t=665&c=Ui-8ENE1KuhgJg)
What am i doing wrong? Help pls.
apart from the fact that cloud mining never has or will be profitable, not only are you paying admin/lease/and other profits to the company running it.. but here is the other bad news .. those "estimated" numbers are also fake.. they do not account for difficulty changes or anything else
i know its an altcoin and your hoping (falsely) to get $2.87 in a year.. but you wont
for instance pretend it was bitcoin instead of dollars and the altcoins difficulty adjustment changed every 2 weeks, like bitcoin..
your earnings will drop by 5%-10% every fortnight
so that 0.00784320 x 14 days= 0.1098048
at 5% difficulty adjustment
0.105 the following fortnight.
0.10 the following fortnight.
0.95 the following fortnight.
0.905 the following fortnight.
0.86 the following fortnight.
or at 10% difficulty adjustment
equals 0.1
equals 0.9
equals 0.81
equals 0.73
equals 0.66
but that image of projections does not account for any adjustments of any kind.
they just done false crappy math of hourly*24*30.5 days*12 months
so im sorry but you wont even get $2 back
lastly, i just googled "eobot scam" and sorry but many people are finding issues.. (besides the obvious advertisers hyping it with fake info)
atleast you only invested $5