I hope to post my progress here on steemit, of my new contracts with Genesis Mining, mining ether. Payout coming soon!
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I wish you the best. This is how I got my start and I very quickly decided to build my own rig. You would be better to take the money you put into a contract and buy the currency at the current rate. Ethereum especially is not recommended to mine on a 2 year contract because the difficulty bomb is expected to hit at the end of this year.
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Although a lot of people seem to hate on Genesis Mining, I really like it!
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Why do people hate Genesis Mining? I friend just started mining and sound promising!
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Because people use it wrong. People seem to think you can invest one time and sit back and makes loads of money. You have to keep reinvesting. I reinvest about 50% of my earnings.
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