RE: Genesis cloud mining not a scam but...😐

You are viewing a single comment's thread from:

Genesis cloud mining not a scam but...😐

in cryptocurrency •  8 years ago 

For your information, Iceland has cheap power because of hot springs not because of cold climate.

Another thing: your daily income declines because of difficulty, not scam. Increase in difficulty will eventually increase price.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
  ·  8 years ago (edited)

You are right but, I'm suggesting cold climate and cheap electricity as two different factors why they have chosen Iceland to set their mining farm.

Another thing: difficulty increases therefore my return falls, I'm aware of that and I'm not blaming Genesis, I didn't say a word about it being a scam.