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RE: Genesis Mining - Results.

in #cryptocurrency8 years ago (edited)

5% reduction on the 3700 cost, and it depends, electricity here would make it almost as costly + I have heating issues living in a warm area.
Secondly, I already knew going into this I would be at a loss; mostly but I am not looking for instantaneous ROI so I felt I could provide some information to the community and help any perspective buyer have at least adequate knowledge and decide from that information what they should do.
Lastly I cover my losses by daytrading in about 1 week give or take, my polo tab was open during one of those pictures so I wasn't terribly concerned about it. However why not buy the eth asic 150 mh/s for 1600.

tldr; personally I wouldn't recommend genesis for short term people, but for long term holders only for diversity, but buying the coin is better.

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The ETH Asic sounds like a scam actually. Never heard about asic working with ETH

depending of the power cost I would consider it. Because I can still sell my Graphic Cards. The asic I couldnt or with more difficulty on specify forums.