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RE: Genesis Mining Late Night Bitcoin Mining Contract Upgrade! (Thank You For The Support)

in #cryptocurrency • 7 years ago

Is Genesis mining just profitable for people with a lot of followers who use their code or is it also profitable for the average person who just invests a bit of money?

7 years ago in #cryptocurrency by
$Na
  • Past Payouts $0.13, 0.00 TRX
  • - Author $0.10, 0.00 TRX
  • - Curators $0.03, 0.00 TRX
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     7 years ago 

    its also profitable for the latter - but for sure even more for those with a lot of followers (as always)!

    $Na
    • Past Payouts $0.12, 0.00 TRX
    • - Author $0.09, 0.00 TRX
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    [-]
     7 years ago 

    Okay, are you currently mining with Genesis?

    $Na
    • Past Payouts $0.12, 0.00 TRX
    • - Author $0.09, 0.00 TRX
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    [-]
     7 years ago 

    its great for everyone :)

    $Na
    • Past Payouts $0.11, 0.00 TRX
    • - Author $0.09, 0.00 TRX
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    2 votes
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    [-]
     7 years ago 

    I did a profit analysis on their DASH contract. I don't see it profitable unless u can hire bunch of people through the referral system. I would recommend you to check it out before investing.
    https://steemit.com/blockchain/@danzu51/genesis-mining-dash-mining-profitability-analysis

    [-]
     7 years ago 

    I agree with you there. Genesis is legit in the sense that it provides you with the service it promises but they dont show their own mining calculator on their website which is suspicious. Everyone uses the coinwarz calculator but that does not incorporate the increasing difficulty of the mining

    $Na
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