It is January 21st that I started the contract with Hashflare. It has been over a month.
I wonder how successful the mining was.
The hashflare give detailed information about the mining situation.
After logging in, click "dashboard" in the left menu and the following screen will appear.
The bitcoin mined so far is 0.00016236 BTC. Today 's bit coin price is around 9,654USD. So, it about 1.57USD. It is too small. Why? I had reinvested the bit coin mined so far. Blue “Reinvest” button in the upper right corner is checked. You can withdraw by changing the button. I decided to continue to reinvest.
Let's look at the screen above. This is a sign that I have marked a black star. Even if you turn your computer hard, you will not succeed in mining every day. That's the principle of bitcoin mining. If my computer works hard on the calculations and another computer succeeds in the calculations, we must discard the calculations that were in progress and enter the new calculations. Because of this principle, you can not succeed in mining every day. Let's look at the next screen.
My contract date is on January 21, 2018. The amount is displayed as 1000. After that, on January 24th, 26th, and 29th... I make a contract for 10 sparsely. This is the reinvestment of the bitcoin mined. So far, I have successfully mined 9 times and have reinvested all of them. That's why 1.09 TH/s is displayed at the bottom left of the screen (1TH/s when I contracted for the first time). Let's look at the yellow box.
So let's see how much hashrate is worth mining and reinvesting. It comes directly underneath.
The red circle was my first contract. I signed a contract worth $220. I have contracted 0.01TH/s 9times since then. If 0.01TH/s is about 2.20USD. So far I have invested 2.20USD 9times and reinvested it, so all of them earned 19.8USD and reinvested in bitcoin mining.
Once again, I will go to DASHBOARD from the left menu screen.
See REVENUE FORECAST. I expect to earn 0.89USD per day, 26.71USD per month, and 324.94USD per year. I can earn 324USD a year after putting 220USD, which is a pretty good return. Of course, this value must satisfy the condition that the value of bitcoin keeps current value. Keep in mind that as bitcoin prices go down, your profits may decrease.
If this helps, please vote. Thank you.
This article is written without HASHFLARE support and is not an investment recommendation. Investments should be carefully decided by only you.