I updated my Genesis Mining Profitability table in order to give you some hints, which contracts are most profitable right now. So here we go:
Please keep in mind, that this calculation is based on a few assumptions:
- Exchange rate and mining difficulty changes in the future aren’t priced in, because it’s really hard to tell.
- Instead we assume, that mining difficulty always follows exchange rate – that means if price exchange rate goes up, more miner jump in and the way around.
- Bitcoin mining contract has no specific duration or end date – instead it’s valid until maintainance cost will become higher than mining returns.
- Calculated Hash Power for $1,000.00 invest assume that you used a promo code in order to achieve a 3% discount.
I'am a new born baby whale powered by Genesis Mining - please feed me!
Well, OK!
throw-some-fish-to-the-little-whale
How could you be possibly power by Genesis Mining?
Mummy told me not to tell anybody yet - it's a secret which will be soon revealed, she said.
yummy-yummy-fish
Guys please google Genisis Mining first! Some people in the telegram chat say it is a ponzi scam.
Great post @roomservice , I am loving GM and like seeing what others are experiencing because its an ever changing market and the payouts are awesome just kinda to hard to believe honestly! Thanks for the content.
Thanks for your feedback - glad to hear this content is useful :)
It is! Keep it coming.
Thanks! I quit promoting Genesis mining just because all the variables. Still like to see some analysis on it, though.