The Genesis Mining Contract is a lot more complex than simply taking the hash rate you pay for and running a standard mining calculator. That being said, it is almost never profitable. Ethereum mining has become extremely difficult for anyone at this point, but Genesis (naturally) ensures that their expenses and profit are taken care of before they pay you. Their customer service is also awful.
You are viewing a single comment's thread from:
very true.. they are just calculating there profit and pays out tokens based on it.. It is just not worth it.. nice Explanation:-)
Agreed
Agreed.....I bought their Ethereum contract way back. I do not think i will able to see my returns. Very much like I just flush my money down the toilet! At the end of the 2 years contract, I am pretty sure I cannot even recover 50% of my initial investment.