While Cloud Mining companies offer similar services in different contract price, it is very interesting to know how actually their payout are. So take a look. Below are the data on the same day, and we will be comparing on 100 GH.
Please note that this is only my own statistics. I am not promoting cloud mining services.
Hashing24
I have a contract in 2000 GH/s that costs $26.95 per 100 GH. This is the Payout results:
- Mining: 0.00063366
- Maintenance: 0.00015291
- Income: 0.00048075
The Income for 100 GH = (0.00048075 / 2)/10 = 0.0000240375
Hashflare
I have a contract in 1000 GH/s that costs $1.20 per 10 GH. This is the Payout results:
- Mining: 0.00025637
- Maintenance: 0.0000808
- Income: 0.00017557
The Income for 100 GH = 0.00017557/10 = 0.000017557
Interpretation
Same GH
In the same amount of GH you have in each company, Hashing24 provide more payout. The difference are 36.91% more in Hashing24.
Per dollar
For the price 26.95 of 100 GH in Hashing24, the Hashflare power you can buy in 100 GH is 2.2458 times. (26.95/12)
Use 2.2458 to multiply by Income in Hashflare, 2.2458 x 0.000017557 = 0.0000394295106
For the same amount of money (26.95) you put in their contracts, the Income are below
Hashing24: 0.0000240375
Hashflare: 0.0000394295106
Hashflare is 64.03% more
Conclusion
When choosing Cloud Mining, I bought 20 times more hash power in Hashing24. But after I figure out the maths above, I will opt for Hashflare.
Rewards to me
I do NOT intend to generate referral income in the cloud mining companies. I just want to let everyone knows the maths I have calculated for myself, hope it is useful to you as well. If you find it useful, Vote Up below
I think most of you reading this has cloud mining accounts, so it is not useful anyway. But just in case you are going to buy cloud mining contracts and the above maths helped, you can reward me by using the link below to register an accounts and buy the contract amount you are comfortable to afford.
Hashing24 Affiliation Link (Shortened) https://goo.gl/TvTdei
The affiliation rewards in Hashing24 has been suspended, but it is nice to see how many of you joined after reading this story.
Hashflare https://hashflare.io/r/2FFB28B9
I believe they will give some rewards to me that is not take out from your pocket, but I am not sure how much they will give me. Anyway.