The Not So Secret Way Truly Earn Money With Genesis Mining
If you were ever curious to know how to truly earn money with Genesis Mining I am here to share this secret. Before joining Genesis Mining I heard all over the internet that Genesis Mining is a scam and that they don't payout. TOTALLY NOT TRUE. Here is what I found out. Genesis Mining does exactly what you are paying for, daily hashpower to solve and earn altcoins. For this example we will talk specifically about mining Bitcoin under the sha256 contract.
I noticed my fellow miners who purchased sha256 contracts weren't getting payouts because their hashpower was not enough to meet the general payout requirement. In order for Genesis Mining to send your mined Bitcoin to your wallet you need to mine at least 0.0015 bitcoin. So how much hashpower would you need to meet this requirement fro daily payouts...........4.5 terra hash. This will cost you $499 us dollars and is around $3.50 dollars in US dollars in bitcoin a day with current bitcoin prices.
If you only have $100, its still worthwhile to get a contract. You will receive weekly payouts of approximately $3.80 to 4.00 us dollars. I say this is worthwhile because bitcoin has the potential to increase in value. You can earn with no effort.
To save your self some money use my code NCW1KP at check out and receive 3% discount on your order. You can use this code as many times as you like.
Mining is a fun and cool way to support the blockchain network and collect Bitcoins with no effort.
Save 3% with code: NCW1KP at checkout at www.genesis-mining.com
Got into Genesis mining a few months ago and was doing them in bigger bulk upgrades, but I started doing it in smaller increments at a time so I could use other people's affiliate codes and hoping they will use mine next time too!
I just used yours, it was only 1 MH/s because I am looking to spread the love to a lot of people! I followed you also, trying to connect with people here on STEEMIT!
Next time you upgrade your hashpower use my code! NkQanX
Thank you royschuh. Please leave your code so that I can return the favor.
Thank you for writing this. A lot of people do not understand that there is a threshold for the payout., They see that they do not get paid every day and flip out and start screaming scam. It may take 5 or 6 days to build up but you do get paid once the threshold is met.
Thank you so much for the kind words. I must admit I initially thought this but when I realized the threshold for payout I realized that Genesis-Mining is a good system for buying hash power. Hopefully others will read this post and gain useful knowledge.
Thanks for being a part of the #payitforwardchallenge.
This is a great post, the insight that you add and the breakdown of payout is great information. You explain that even at 100 you can make around 200 a year if the price stays consistent. Not bad. I do have one suggestion. Don't put the coupon at the top. It won't seem like you are trying to sell the reader on something. Just mention it at the end but I would do it with a link. If you had a link, someone could just click and go there directly after reading to check it out. The advice and insight is the real value in this and if you add value people will support you. Some my even try out the mining and use your code. I hope that helps. Keep up the great work and thanks for doing this.
Thank you for the helpful feedback. I update my post. I know that being helpful towards people will in the end help myself . The free distribution of knowledge is whats so good about platforms like this.