RE: Genesis-Mining Update #2: Happy then Dissapointed

[coeurdelion]

everyone is saying it's great only because they want people to buy with their link to get 3% more hashpower or bitcoins, I buyed a 2 year contract monero mining for 250usd 1 month ago. First day winning 1$ now only 0.65 so I don't think I will make profit with that, depends on mining difficulty and price in 2 years but I'm a bit sceptical, better investing 250$ in monero directly I think.

Comments

[sadekj]

I buyed a 2 year contract monero mining for 250usd 1 month ago. First day winning 1$ now only 0.65 so I don't think I will make profit with that

Based on that, you will get your initial investment after a year. The second year will be all profits. Not a bad deal.

depends on mining difficulty and price in 2 years
Agreed

better investing 250$ in monero directly I think.
That is true only if the price more than doubled. If it stayed the same, mining might give you better profit.

[coeurdelion]

not If I loose 20- 40% of my income per month, in 2 years or 1 year I will make a post to see how much I made and if it's really worth.

[sadekj]

Hope you the best of luck.

[coeurdelion]

thanks good luck to you too :)

[ashwim]

you should have invested that amount on ethereum or dash... monero is far less profitable... but in the meantime if the price of monero skyrockets then you'll be happy...

[sadekj]

A very good point.
For me, I am hoping DASH would skyrocket :)

[ashwim]

I hope evolution would have a nice effect on DASH's price. Lets wait until then.

[sadekj]

Me too.

[coeurdelion]

yes I hope so :D