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RE: Do not invest in DASH X11 contract on Genesis Mining.

in #genesismining7 years ago

Dude why are you writting about shit you clearly know nothing about. First of all genesis is the only legit cloud mining company out there. Your worried because your payments have gone down in 2 months when you have 22 months to go. You spent $30 on 5-m/h, you will make a profit relax. Also the hashing powung being calculated in g/h doesnt mean anything. If you did your reseach you would realuze that g/h is just a high hashing Metric than m/h. For the next 22 months your hashing power will get raised as difficulty gets harder but overall genesis makes sure you make a profit however what genesis cant do control the market price. Dash has declined along with all the currencys as its in a correction and will eventually go back up. Your buying a long term investment, read the website one more time and think before you speak.

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You clearly do not understand my point. I am not all questioning the legitimacy of Genesis Mining, i am merely pointing out that the current trend shows, that i will not receive my initial payment back in Dash within 24 months, due to higher difficulty levels of the network.
Therefore it would be a better investment to buy and hold rather than invest in cloudmining.
I am not at all considering the market price, nor the recent correction.