PB Mining Continued

A follow up to a previous blog about PB Mining from last week. I recieved my first payout from my 100GH/s contract last night and it came up to 0.01557916 BTC. Technically it ran for about 3 days (give or take a couple hours). So let's do a little estimation, if that was my payout after 3 days; let's say my average weekly payout at this difficulty is approximately 0.0363513733331 BTC. Any calculation with bitcoin mining is subject to a lot of variation because of "pool luck", but this is just an estimate.

Last week I speculated the yield of a 100GH/s contract with a profitability calculator to be 0.0336 BTC per payout (once a week). It could be that my pool luck was just high during this period of mining, or the rate that i'm receiving is a little but higher than the GH/s contract that I've purchased.

So far the PB Mining contract has been an interesting side project. More updates to come on the progress and payouts of the contract as mining difficulty increases.

Remember to check out PB Mining for yourself here, or the image below.

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My Bitcoin Mining Experience

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