I paid about $850 for a two year ethereum contract, but one month into it, I don't think it's worth it! You're better off buying actually cryptocurrency with the same amount and trading it on exchanges.
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that's a fair bit to put into crypt stuff.. did think before on buying a few, and wait til it accumulates, then withdraw parts when needed.. i joined the crypt a bit too late. and normal hardware mining is far too costly.. even if you've say a solar setup. the cash back isnt as high as expected.
i was curious to try genesis mining for myself.. there were negative reviews and some positive ones.. had some cash lying around so i went ahead.. i learned that it's not really profitable, and the people advocating for it are the ones who want their affiliate code to be used, and they make money off of their referrals. that's the only way to reap a good hefty return from this.
seems that way with general things. has its good and bad.. the referrers must hav lost a fair bit.. i know china mines lot, cause of cheaper electric, possibly tech lower priced too. but things may change with the new bip and segwit ?
yeah it's highly speculated that bitcoin may split. let's see, come august 01. and i heard back from genesis mining, they said they were having technical issues on their site. site still seems a bit slow and glitchy. i'll make a new post with progress soon.
good news, you're hearing back on the progress. fingers crossed it's sorted soon.
Posted an update here: https://steemit.com/cryptocurrency/@dannnielli/genesis-mining-payout-and-technical-issues