"You could not do wrong by buying hash power from the new round of Genesis mining contracts on offer. After 3 months you would have earned back your investment and after that it would pay you out Bitcoin for life."
Only ones they are offering right now is , 2 Years Ethereum, Monero 2 Year contract, and Zcash 2 Year contract unless I'm missing something.
Have looked at genesis a couple times and they are always sold out for BTC when I look. Think it would be worth doing otherwise. Then again I might just buy the equipment and do it myself. Not a fan of middlemen and trusting they will actually keep paying.
I understand you.
Genesis mining had litereally just offered new Bitcoin lifetime mining contracts but they will sell out fast. I bought a small one which will pay me about 0.3 Bitcoin a year for life. That cost me $400.
I am looking into the Bitcoin Gold mining situation at the moment.
People say it will be a failed coin but when I hear such things as that then it always gets my attention. I tend to do the opposite of what the crowd says.
Always good to hear from you @thedarkhorse
I'm also thinking Gold could be a promising coin as it's being bashed. Talked with my wife about putting in a mining rack in the basement. Stays cool year round down there and it's only storage, just would need to sound proof so the sound doesn't come upstairs.
People are underestimating BTGold in my opinion. It is actually in the spirit of Bitcoin being decentralised so I like that. The idea also reminds me of "Burstcoin" - This did not work out well though because it bevame dominated by gangters - BTGold might fo better because it seems popular with purists rather than brutal capitalists. BTGold are having tech problems as the moment so it is early days. I have a feeling BTGold will become popular with students