Quote from: j33hopper on February 15, 2016, 07:52:05 PM

Quote from: bapparabi on February 15, 2016, 04:53:10 PM

Right now its not worth to buy Ethereum Cloud Mining from Genesis Mining as cost is quite high

1 MH/s cost USD 44 for one year

if you see this ether calculator

http://badmofo.github.io/ethereum-mining-calculator/

Month 0.991780 $5.14

you will generate this amount ..

so you need 9 month to get ROI ..so which is not worth to buy it right now as per the price rate ..

Once it lower you can decide ..

Wow, those prices have skyrocketed. I know ether has gone up recently on the exchanges, but Genesis has really gotten greedy here in a SHORT time. Just 2 weeks ago it was 1799.00 for 1 year of mining and now its 4400.00. Thats pretty rough. What makes it even less of a value is the difficulty has also gotten a bit harder, so that 100 MH at one year isnt even paying off like it was because everyone is jumping on the Ether bandwagon. Buyer beware on this deal.

AGREED ;\ but hey maybe it's a hail mary to make some cash because none of us original users came back with our money to keep them going! which would be awesome, they screwed us all what do they expect? us to give them our btc again? no way!
r.i.p. Genesis Ripoffs