Quote from: seacelo79 on January 22, 2017, 12:55:32 PM

Quote from: Bitcoin_BOy$ on December 31, 2016, 03:01:11 PM

Hello everyone,

I want to invest in Genesis-Mining, I want to buy 15 TH/s (power of Bitmain S9)
can anyone give me details of my profit from this ?

Regards,

Bitcoin Boy.

My strategy is based on speculation, cloud mining and 5 years investment projection:

1. Buy when you think the price of bitcoin is going to rise

You bought 2 BTC, with 1 BTC = $700

2. When the price is high you can ether sell it or buy hashing power

For 1BTC=$1050 you can buy with 2BTC the 15 THS in genesis
For me 1 THS in genesis gives me around 0.00034 BTC per day so 15 THS gives 0.0051 BTC per day

3. The difficulty is unpredictable and it happens each 13 days approximately

In 13 days 15 THS generates you 0.0663 BTC
If 1 BTC=$1050 so 0.0663 BTC=$69.615 you can buy 0.4641THS that generates 0.0001578 BTC per day
Your hashing power rose from 0.0051 to 0.0052578 or 3%
It means that if the difficulty is 5% you lost 2% of your mining power in the end of the day
Investing 2 BTC gives you 0.153 BTC each 30 days
If you count 5% difficulty each 15 days your ROI goes to 46.2 months=3years+10months+6days (IF YOU SELL BTC AT $700 AND YOU DON'T REINVEST IT)
https://bitcoinwisdom.com/bitcoin/difficulty
( IF you reinvest everyday with BTC in the same price you can beat this symbolic 5% mining difficulty rise )

4. Accumulate your BTCs generated and multiply it speculating, selling, buying and reinvesting in hashpower

Now tell me, how much is gonna cost 1BTC in 5 years?

If you're thinking about sending money to them read this post:
https://bitcointalk.org/index.php?topic=768281.msg17671076#msg17671076

This shows what will happen if you invest, and it won't matter if it's 1BTC, 10BTC or 100BTC. The result will be the same, you will loan them money and they will give you back in the period of a couple years to infinity and you will never profit.