Post
Topic
Re: Genesis-mining.com || World's leading hashpower provider!
by
marko11
on 23/11/2015, 18:50:49 UTC
Seriously Genesis Mining...?

You shouldn't delete my posts when I'm answering somebody else and when my post is neutral.


hi GM support...
1.)I try to look in your website and also I try to log in and I go in section to pay but you are not showing this fee (0.0012$)  anywhere ...why?
2.) we try several time calculate and it seams that btc mining with you is not profitable at all ... instead there is a risk if we will recive even initial deposit back... are you going to offer some better deal in near future ?
3.) if bitcoin price jump to 500$-1000$ do you changing your contract and increasing price or you keeping price always the same ?


GM...can you answer on my other 2 questions please?








 
Please do keep in mind, in a scenario where the BTC-price doubles, it would have been better to HODL your Bitcoins instead of spending them on cloudmining!

To answer your first question, to see fees, make an account, order some hashing power and select 'View Agreement'.


this was not my question ... I ask if  btc price increase to 1000$ they will change contract price or will stay the same ?

Marko,

IMHO you would stand a better chance to make something day trading the BTC than buying hash here at this time.  The contracts are lifetime but if the price increase the difficulty will also as people around the planet bring hardware back on-line.  Once the halving occurs it will earning 1/2 what it is now also.

What I have been looking at and watching is the X11 stuff.  Most of that stuff show to ROI in about 280 days based on my math.  These contracts are for 365 so they should make ROI.  Again this is like the stock market and depending on what coins are mined.

My BTC is going towards x11 for now.

Not sure if this helps.  Genisis has been good about keeping the prices stable as the BTC price moves around.  It seems to be adjusted daily to the market value.

Fahlcor


many tanks for your reply...

but as much I searching and learning online and with your help with answer  I can say now that with mining profit is poor and very risky... I will not bother if is slow earnings .. but after all calculation mining become to much risky... will not even bother if is risky and if we can make good ROI ... but you see my point?   hight risk/low earnings ... what you thing ??
sorry for my english ..I am not the best Wink