Thank you for your review of Genesis Mining, I have been contemplating doing a review too.
- The BTC mining contract is for as long as BTC is profitable. With this contract there is an operating cost deducted before payout. I actually bought into the contract before the BTC halving event. My payout from BTC mining did halve after the event.
- I too bought into the ETC contract.
- I also bought into the X11 contract when it was available. The return on the X11 contract is better than that on my ETC contract.
With Genesis Mining it takes a long time to recoup your principle and make a profit. It is not a get rich quick scheme. Genesis Mining does provide charts for each category of mining contract bought into so you can track your total payout as it accumulates.
I would also say that Genesis Mining does not guarantee a return from mining activities.
Overall in my opinion Genesis Mining is legitimate, but whether you make money buying into their mining contracts is a risk.
Steem on,
Mike