So there is a lot of people talking about that genesis mining is a scam or it is not worth it or that it's not as profitable as it looks like and I was curious where is the truth. So I created an accout and start minig Ethereum. From what I read it should get to a break even point in like 6 months or so, if my math was right. But after 2 months I've had almost 50% of my investment back. So it looks fine to me, but I would like to know what about Bitcoin minig, because it's open ended. Is there so much of a difference? I want to know about mining difficulty, and if it really closes your contract because over some time it becames not profitable? Is it really a case? If you are also interested in Genesis mining, please let my know.
You can also use this 3% discount code on Genesis minig. H5olVy
Thanks for reading and have a nice day!
may we pray to the steemit gods that steemcleaners does not clean your post @andrejprochazka
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steem cleaners can F*ck off
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Why would they clean my post?
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cause you used an affiliate code, happened to me several times.
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I've seen poeple useing it, so I tought its fine. But anyway if I can't use it directly, then I can use a link where you can see my code. Would that be alright?
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No. steemcleaners has cleaned my posts for that. JUST to be clear, I don't give a shit. I was joking haha.
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I purchased a couple hundred bucks worth of TH's and have been doing well I should break even in a couple more months so the last 6 months will be profit. Remember that the difficulty is going up thought so way your options. You can also get free TH power if people use your referral code I have had no luck with that unfortunately.
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Yeah thats what I'm little worrying about, the difficulty. I really want to start minig Bitcoin , for now I'm just minig ETH. I was thingink about hardwere mining but I don't have so much money right now.
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In dollar terms yes. In BTC it depends how much you have and if its in front of the difficulty window that will allow you to make more BTC than what u have put in.
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Yeah thats the problem.
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