How to Calculate Return of Investment ROI Genesis Mining Bitcoin Cloud Mining in 1 minute

in genesis-mining •  7 years ago 

Hello Friends,

I had a hard time to calculate the ROI (Return of Investment) on Bitcoin Cloud mining Service Genesis Mining.
Even after contacting support I just couldn't understand how to calculate it.
Here is a simple tutorial how to do it in a minute(in this Example 10TH/s=10000GH/s):

  1. Go to https://www.coinwarz.com/calculators/bitcoin-mining-calculator

2.Enter these dails=> Hash Rate (GH/s):10000,Power Cost ($/kWh):0.0,Hardware Costs (USD):1358.0$,Pool Fees %:28.00
(leave the rest to default) and hit "Calculate"

So you break even reach the ROI after 201 days in this exampel

Purchase of Cloud Mining Power:

  1. Log in with you Genesis Mining Account https://www.genesis-mining.com/a/1321381

  2. Go to Upgrade your HashPower (bottom left side) https://www.genesis-mining.com/upgrade-hashpower/universal

  3. Slide the Slider for Bitcoin to for Example 10 TH/s (1400$) and use your credit card and my Promotion Code zekv7S to pay 3% less (1358$)

I hope this helps.

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I made a mistake.
You need to set Power (watts) also to 0 as shown in this video:


My apologies!