Is Genesis Mining Worth It? My Review
----JacobYZ----
I have been with Genesis Mining for nearly a month now and have invested $60 USD to test it out I currently have 0.2 TH/S in Bitcoin mining and 5MH/s in Dash mining.
I get payed daily from both of these mining contracts and have been everyday with bitcoin daily payments ranging from 0.00006196 to 0.00005389 per day and Dash contracts paying from 0.00006183 to 0.00006230 per day. Here is just a few of my payments
With my bitcoin contract that cost me $30 USD (0.012 Bitcoin) with the daily payments im averaging around 0.00005800 btc per day this will take 207 days to get my ROI (Return of investment) back
With my Dash contract it also cost me $30 USD (0.012 Bitcoin) and I am averaging around 0.00006 per day at this current rate it will take me 200 days to get my ROI.
Conclusion:
In conclusion I believe that Genesis Mining is a great company and with many trustworthy sorces confirming that they do indeed bitcoin mine this is a great investment because after around 200 days its pure profit from your mining contracts
Thanks for reading, you can follow me here for more interesting articles:
@jacobyz
Good article
This is my experience:
https://steemit.com/bitcoin/@petrvl/cloud-mining-an-my-experience-with-crypto-and-bitcoin
Hi Jacobyz.
I use hashflare and genesis. They both payout well it you expect the coin will increase in value. I sell my coins later normally and buy more mining. SHa256 and Etherium mining have really paid off for mr whilst fees have been so high on both. I follow a guy thats all over dash and he's normally right. I think the idea that a Sha256 contact will pay forever and a coin that could be worth the same in dollars (or more) everyday forever sounds like a possible winner.
as long as Im buying more coins for future use Im not bothered that they take a year (or 6mths) to get back.
Hoping we all get lucky.
Well said Simon. What would you recommend Hashflare or Genesis?