Genesis Mining Profitability (February 2018), Anything Crypto

This guide gives the current profitability of all available cloud mining contracts on Genesis Mining on 9th February 2018.

To compare contracts identically, wij scale hashpower down to a $30 initial investment. Calculations are made using our cloud mining rekenmachine: www.anythingcrypto.com/cloud-mining-calculators/medium

Wij did a similar comparison for HashFlare here.

Presently Genesis are out of stock on Bitcoin, Dash, Litecoin and Monero mining contracts, so ter this guide wij compare their Ethereum and ZCash contracts. Both are pre-orders that would embark on 30th April 2018 (this delayed embark is included te our calculations).

Issues around Genesis Mining

Before buying a Genesis Mining contract there are a few things to be aware of:

  • Ethereum may stir to proof-of-stake ter the future. If this happens and you own an Ethereum mining contract you’ll likely have to switch to a different coin using the same algorithm (Ethereum Classic for example).
  • Genesis Mining has a reputation for veranderlijk payouts, where sometimes you might not get paid for several months (with many people claiming they’ve never bot paid).

Profitability of a $30 investment ter each of Genesis Mining’s contracts:

790 kH/s, Two year contract

Optimistic: $0.22 vanaf week, $23 after Two years

Skeptical: $0.04 vanaf week, $Four after Two years

11 H/s, Two year contract

Optimistic: $0.30 vanaf week, $31 after Two years

Skeptical: $0.05 vanaf week, $Five after Two years

DISCLAIMER: This webpagina cannot substitute for professional investment or financial advice, or independent factual verification. This guide is provided for general informational purposes only. Anything Crypto is UK-based and not regulated by the FCA (Financial Conduct Authority). The group of individuals writing thesis guides are cryptocurrency enthusiasts and investors, not financial advisors. The ideas introduced are our analysis, learning & opinions on a range of cryptocurrency topics. Trading or mining any form of cryptocurrency is very high risk, so never invest money you can’t afford to lose – you should be ready to sustain a total loss of all invested money.

This webstek is monetised through affiliate linksaf. Where used, wij will disclose this and make no attempt to hide it. Wij don’t endorse any affiliate services wij use – and will not be liable for any harm, expense or other loss you may suffer from using any of thesis. Don’t rush into anything, do your own research. Spil wij write fresh content, wij will update this disclaimer to encompass it.

Related movie: Bitcoin Mining te March 2018 | Still Profitable?


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