Ninjastic
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Board Service Announcements (Altcoins)
Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider!
by
koenmtb1
on 05/02/2015, 17:46:56 UTC
Quote from: Vyazhan on February 05, 2015, 05:02:44 PM
Quote from: TXTCLA55 on February 05, 2015, 03:46:01 PM
Quote from: Boxyapple on February 05, 2015, 04:13:24 AM
Hi guys, I plan on heavily invest my bitcoin in this company (genesis mining). However I need to know the payout rate for 1 TH/S (1000gh/s). I know payout fluctuate depending on how btc is doing and the difficulty mining it. As of today 2/4/15 with the btc value at like 230 and difficulty at (idk) can anyone tell me the payout for 1 Th? Thanks.

1TH would take a long time to ROI if it ever would. I'd suggest doing what I do, buy low increments and when they pay off buy more. This way you wont earn as much right off the bat, but by the same token you're not going to burn money going in big. Mining is a gamble, play it safe.

You should keep in mind that the price per GH/s changes once you hit the 1TH/s mark. Anything below 1TH/s will even take longer to ROI. The price from 1TH/s to 5TH/s is the same!

All the best,
Vya



Kept that in mind just looked at what the current rates are and calculated it, it should take a bit under a year for this to earn back but the thing is that the difficulty changes so does the price of bitcoin you should have to look at this as you are earning bitcoin, not dollars or any other fiat currency. You are then selling the bitcoin on a market to someone that has a lot to invest again and he invests the money to buy the bitcoin from you. That's what I found out when I was learning about bitcoin...