Hashnest's PACMiC experience

[Wusolini]

Hi all  ... anybody participated in Hashnest's PACMiC contract?

I'm in since the beginning ( always bought the minimal amount just to try ) and would like to share my and hear other users experience.
Here's my stats do far .... Don't hesitate to share yours.  

Version	|	Rate	|	Invested BTC	|	ROI	|	Days
V1	|	0.7	|	1	|	2.95%	|	100
V2	|	0.45	|	1	|	2.18%	|	118
V3	|	0.8	|	0.666	|	3.03%	|	96
V4	|	0.45	|	1	|	6.56%	|	319
V5	|	0.45	|	1	|	5.34%	|	265

EDIT: Added snips ( just to get into picture )

V1


V2


V3


V4


V5

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[btczar]

Is your investment amount in BTC? If so, is 1 BTC invested with ROI of 2.95%, a profit of 2.95% in total? The amount of days, is that how long it took you to get ROI? How profitable are these contracts...I was thinking of starting one.
Have you ever just purchased a miner on hashnest instead? I really want to try mining again, but am super weary of not breaking even.

[mrcash02]

Is your investment amount in BTC? If so, is 1 BTC invested with ROI of 2.95%, a profit of 2.95% in total? The amount of days, is that how long it took you to get ROI? How profitable are these contracts...I was thinking of starting one.
Have you ever just purchased a miner on hashnest instead? I really want to try mining again, but am super weary of not breaking even.

Cloud mining doesn't worth. I think it's impossible to mine the same amount of BTC you invested. The only way to make profit with this kind of investment is when the BTC price increases a lot meanwhile your coins are invested on cloud mining. This way you hit ROI and make some profit.

But what people don't say is that you can make a better profit just holding BTCs instead investing on this kind of site. If I'm wrong, please correct me.

[btczar]

@mrcash02 Generally I would agree with you, holding seems to be less risky and more profitable.
Maybe OP can give more information on the profitability.

[Wusolini]

Is your investment amount in BTC? If so, is 1 BTC invested with ROI of 2.95%, a profit of 2.95% in total? The amount of days, is that how long it took you to get ROI? How profitable are these contracts...I was thinking of starting one.
Have you ever just purchased a miner on hashnest instead? I really want to try mining again, but am super weary of not breaking even.

Yes, the invested value is in BTC and amount of days is simple how long the contract last. In other words: invested 1 BTC and after 100 days got 1.0295 BTC ( 2.95 % ).
I've never bought full miner ... only trade some hashes and made small profit by buying low and selling high rather than by the mining itself ( it was before hashnest implemented selling fee ).

Is your investment amount in BTC? If so, is 1 BTC invested with ROI of 2.95%, a profit of 2.95% in total? The amount of days, is that how long it took you to get ROI? How profitable are these contracts...I was thinking of starting one.
Have you ever just purchased a miner on hashnest instead? I really want to try mining again, but am super weary of not breaking even.

Cloud mining doesn't worth. I think it's impossible to mine the same amount of BTC you invested. The only way to make profit with this kind of investment is when the BTC price increases a lot meanwhile your coins are invested on cloud mining. This way you hit ROI and make some profit.

But what people don't say is that you can make a better profit just holding BTCs instead investing on this kind of site. If I'm wrong, please correct me.

I agree with you. In general all cloudmining contracts are usually well calculated to be profitable for the operator and you will not get back invested BTC ...  but I dare to say the pacmic is a bit different.
You basically lend them your BTC and they are paying you back the invested amount in small doses (based on real mining shares) + profit ... and this is the interesting part ... the longer it takes them to find the block the more profit you get ( read the terms to see the formula how profit is calculated )