Do not get into cloud mining. Nobody every made money from that.
For the rest, great article :)
RE: Why Traditional Investors Should Consider Investing In Bitcoins And Other Crypto-Currencies
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Why Traditional Investors Should Consider Investing In Bitcoins And Other Crypto-Currencies
i did ^^ so I can't complain - got a 40% return on my genesis contracts
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Really? Thats interesting!
Are you mining bitcoin or ethereum? And did you make a return on the mining revenue or on holding the coins?
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I made it by the increase in BTC price - if you buy Power in BTC and hope to double you investment i guess you won't
Ethereum currently has no vaule the x11 and BTC contracts are the only possible profitable contracts
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I quickly looked at my payouts and the estimates to break even as followed
ETH 1y contract: 475 day
X11 2y contract: 520 day
sha256 : 400 days
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So does that mean that you would have made more profit if you bought bitcoin directly from a market instead of through mining power?
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I bought some on genesis but yes the ethereum contracts they offer are shit !
the rest should turn profitable after 400 days or sooner depending on the BTC price
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