Quote from: Wintermute on January 08, 2016, 02:51:19 PM

Quote from: kishin on January 08, 2016, 01:29:23 PM

Quote from: Wintermute on January 08, 2016, 11:55:17 AM

Quote from: kishin on January 05, 2016, 04:26:15 PM

can someone convince me about GM services? I heard lots of rumors but I know some of them just only shouting without having experience with GM, aint gonna hear this kind of comment.

i want to hear someone who already investing in GM, what is better lifetime with 1TH or with 20Mh? And how much earning if I buy this amount? I didn't see any profit calculator on their site

There a number of people in the forums that bash legit services and promote scams. So always check things on your own.

I have invested in GM contracts for some time. It is hard to say which is "better". X11 is doing very well at the moment (please see my previous posting). SHA is a bit more difficult to predict because of difficulty increases. On the other hand, the maintenance fee for sha lifetime contracts was reduced recently. So payouts for new sha contracts are now much better, as well.

I am tracking payouts for sha and X11 and GM is doing exactly doing what they promise. As for any investment there is no guarantee for making a profit, though. Any service that promises you a profit is a scam.

Hope this helps!

Hey Wintermute

Thank you for sharing the result and strategy. I think the reduce of cost is because the btc price went up quite a bit yes?

Maintenance fee reduction is probably related to more efficient hardware and electricity prices.

Some services fix the hardware prices in BTC, which to a certain extent might make sense, but is bad if the BTC price goes up. GM is known for fixing their prices in USD and kept prices constant when the BTC price went up in the past (which is good for its clients).

It's very important to note tho, that maintenance prices will not go down on existing contracts. For that reason, I am still under water after a year of mining with Genesis-mining. You're really better off just buying and hodling BTC if you were planning to invest in SHA.

However, you might also have other reasons to invest other then ROI, for example you want to be part of the mining scene. In that case investing in SHA mining might still be for you.

And maybe X11 is better?