GENESIS MINING WEEK 6 DASH X11 STATS - %10 ROI And A %78 Difficulty Increase :(steemCreated with Sketch.

in #money7 years ago

Good Morning Fellow Steemians,

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Last week's DASH price is $194 with a difficulty of 641k, The current DASH price is $202 with a difficulty of 1141k.
A total increase of 1141k/641k=%78 in difficulty and a total increase of $202/$194=%4 in price !!!

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So far my total investment was $58.1 at the time of purchasing the contract the equivalent of 0.317 DASH and i got 0.03241246/0.317 DASH which is %10.2 of my investment, meaning that with the current DASH price of $202 i made 0.03241246*$202=$6.54/$58.1=%11.25 :)

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You might be wondering why i'm keeping track in both DASH and USD it's because to find out (after the ROI) wether it was better to hold or mine DASH with a %29 average monthly difficulty increase (calculated that in the first post) since i'm not going to sell until DASH hits $327 :)

So Best Of Luck With Your Mining, Resteem This Post If You Know Somebody Who Still Thinks Genesis Mining Is A Scam And Have A Good Day :)

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Happy mining ....

Thanks, Are You Mining ?

Yes at hashflare

Well Happy Mining To You Too :) But Isn't Hashflare A Bit OverPriced Compared To Genesis-Mining ?

Invested just for trying .
Didnt compare pricd .

Dont you think genesis is a bad idea? By putting the amount in dash itself you may have done 2dollars and may have your fund free.

I'm Not Sure I Understand What You're Getting At But I Wanted To Avoid Paying In Bitcoin Since Its Always Going Up And Also I Didn't Purchase The Contracts With DASH I Purchased Them With LTC Meaning That The 0.317 DASH Is Just The Equivalent Of What I Paid In LTC At The Time Of Purchasing :)

yeh man i got mad heat a week ago mentioning genesis