Bitcoin Cloud Genesis Mining Profitability Update 5 TH/s as of July 2017
What would be the Annual rate of return and how many months will it take to reach break even point of a 5 TH/s Genesis Bitcoin Mining Contract ?
With the current bitcoin price of $2,465.00, monthly mining fees of $42.00 and contract price of $700.00
You will get your money back in 15 months and the contract will become unprofitable in 24 months.
The annual rate of return for this contract would be around 17%
Will update these numbers next month or when a major movement in price happens, remember that if you keep reinvesting in cloud mining contracts with the same prices and daily fees as previous months, your ROI will go down and your break even point will go up in months.
Hope you find this information useful for your mining investment decisions.
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