Is Genesis minig worth it?

in bitcoin •  7 years ago 

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!


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may we pray to the steemit gods that steemcleaners does not clean your post @andrejprochazka

steem cleaners can F*ck off

Why would they clean my post?

cause you used an affiliate code, happened to me several times.

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?

  ·  7 years ago (edited)

No. steemcleaners has cleaned my posts for that. JUST to be clear, I don't give a shit. I was joking haha.

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.

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.

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.

Yeah thats the problem.