Cloud Mining Update - Day 16steemCreated with Sketch.

in mining •  7 years ago 

I’m over halfway through the first month with my journey with cloud mining. Since the last update I’ve gathered a bit of steem dollars and converted this into Doge using Bittrex to transfer it into my Eobot account. If you want to support me on my journey you are welcome to use my referral link, https://www.eobot.com/new.aspx?referid=616423, this does not hinder your progress in anyway but pays me 1% of everything you earn once you hit the $0.01 a day threshold. Also, if you want use my code for Genesis Mining to get 3% off your hashpower you can use my code, Zc97CD. I haven’t been able to invest in Genesis Mining yet but using my code would help me out a lot. If you do use any of my referrals let me know in the comments, and if you do it with eobot, include your user ID number in your comment and I’ll be sure to upvote your post. As always it goes without saying, do not invest your money in anything that you do not trust.

Progress

When I wrapped up my update for day 12 I had 35.3 GHS 4.0. Just from mining and claiming from the faucet on Eobot alone I have been able to mine an extra 0.3 GHS 4.0. I’m starting to see some growth on my account with a lot of speed.

I was also mining 10.6 Doge a day which has increased by 0.5, to 11.1 Doge a day. At this rate I am able to reach the minimum withdraw limit, of 100 Doge, every 9 days. This increase comes from the extra GHS 4.0 that I have gained and the fluctuating price of Bitcoin recently.

Investing

For this update I have about 2326 Doge to upgrade my GHS 4.0 with. This is a lot more than I had expected to have for this update and all of this comes from steem dollars that I have gained from my comments on steemit, and a bit from faucets. The recent price rise of steemit has seen me able to acquire steem dollars much faster, hopefully this will continue but we’ll see what happens after August 1st to the market.

Buying More GHS 4.0

I’m now putting all of my Doge into GHS 4.0. This is will get me over 11 GHS 4.0, which is a lot more than I was expecting to get today and should boost my profits quite a bit and mine me even more GHS 4.0 even faster.

My New Progress

My account now holds just over 47 GHS 4.0, getting extremely close to 50 GHS. In fact I should reach this with my next update and get quite a bit past it. Soon enough I should be seeing some huge progress just from mining GHS 4.0.

My daily rate is now 14.7 Doge, an increase of 3.5 Doge a day, this should stack up over a while. This also brings down the amount of time that I reach the withdrawal limit from 9 days to 7 which seems like a huge decrease and is getting quite exciting. Last update I was mining 0.062 GHS 4.0 a day, now I am mining 0.076 GHS 4.0 a day which is a nice increase and means that I am mining a GHS about every 13 days, quite an increase from the 16 with last update. The amount of days will always be getting exponentially smaller as I invest more and mine even more GHS 4.0. I’ve made a lot more progress with this update than I was expecting to and this is because steem recently shot up to as high as $1.80, paying me out more steem dollars than I was expecting. I doubt we’ll see steem get that high again in the next week due to the uncertainty with Bitcoin and the cryptocurrency market with August 1st. But once that passes we could see some huge gains.

Thank you for reading this update and I hope you enjoyed, or were maybe even motivated to start your own cryptocurrency journey. As always, I’m excited to see where this takes me in the future and would be happy if you followed me on the journey. So of course, follow my account to be updated with my progress and upvote this post if you enjoyed. Also, feel free to leave a comment, I try to respond to every comment I receive. Especially comment if you used any of my referrals and I’ll make sure I upvote your comment. Hope to see you next time.

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thanks for updating us

Thank you for reading

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Hi!
Interesting post! I'm investing in eobot as well so I will follow you to know how is going with you!
Thanks for sharing your experiences!

That's cool. I hope it goes well for you too.