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
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