Post
Topic
Board Service Announcements (Altcoins)
Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider!
by
IanFoxley
on 02/01/2015, 10:13:25 UTC
I think Genesis need to reevaluate the script coin market and provide another option either introduce other coins on BTC auto or lower their fees.

The rate we are going now roi is looking very dismal if we keep trying the same thing expecting a different result.

Looking at the coin market surely there are few more speculative coins which are more profitable.

Maybe introduce a high risk/high return auto coin option which is market determined with an algorithm constantly updating and providing changes to the most profitable coin?

Overall I think Genesis have allot going for them the website gui, professionalism, response speed are top notch although like any business things change in the market and they need to adapt and refine their strategy to be profitable for their clients.

Sure, but unfortunately their electricity company etc or the companies that they have to purchase mining hardware from have to adapt as well then..

Problem is, there are no profitable Scrypt coins, only way to profit these days is to hope that someone releases a new Scrypt coin, which will not happen as they know that Asics and farms will just wreck it within 5 minutes and multipools etc mining the crap out of it and dumping it for BTC all the time.

Only way to profit is to look at a coin and see if anything amazing is going to happen with it, perhaps a new feature is added, mine some, keep it and just pray that when feature is added, price goes up and then what happens anyway?? People dump it ...So Crypto is just a mess at the moment.. Look at Paycoin..full of hype and promise and yet it is being dumped to hell at the moment...Aurora Coin, Maxcoin....all the same...even LTC is being slaughtered...