Is Genesis mining still profitable ? Question to coin miners.

in crytpocurrency •  7 years ago 

Hi , steemians !

I have a few questions about genesis mining .

Is this profitable to still start with now ?

What number of Hashes should i use ?

Is there any information about coins they will add in the new future ?

And what is your overall experience with Genesis mining ?

I hope someone can answer these questions for me , if i am satisfied with it , i might use your coupon code !

Thx in advance.

Regards @cannabissativa

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Not profitable at all.

Ok , thank you for your information ! I Appreciate !

I think it is over the longer term - I use that and SPlititmining (details on my blog) http://www.ukbitcoinblog.com - you have to understand that LOW RISK=LOW PROFITS and HIGH RISK=HIGH PROFITS (or high losses!).

So it might look like a bad investment because the ROI is quite slow but proper mining makes money without effort. As you grow your account it starts getting very interesting, with SPlititmining I have auto invest turned on so it just builds up my mining pool - so in between growing the pool that I'm using I'm increasing it's profitability and reducing ROI.

Too add be VERY careful - there are a lot of sites out there that CLAIM to be mining pools but in fact they are simply scams (bit miner.io for instance).

Hace 1 mes que realice mi primera inversion comprando 100MH de X11 a 500 USD y ya he recuperado 30 USD solo cobrando en DASH.
A este ritmo en menos de 1 año recupero lo invertido. Posiblemente este invirtiendo nuevamente otros 500 USD.
Actualmente no hay nada sobre si agregan una nueva moneda.
Te dejo mi codigo: Rb4Z3B
Altamente recomendable.
Saludos

Si vas a invertir te recomiendo los planes de DASH y ETHEREUM que son los mas rentables actualmente.

Dash do a profit calc start small upgrade every week use code 193FLk for discount. Think long term if coin goes up.