Post
Topic
Board Service Announcements (Altcoins)
Re: Genesis-mining.com || World's leading hashpower provider!
by
netpeak
on 20/07/2017, 20:28:38 UTC
Hi, I like to add my experience to those who posted theirs before me, and I hope a lot of newbies / wanna-be-investors read this:

I knew it was risky when I bought my first contract with GM. During the first year I bought 4 upgrades. And because I like risk, and nobody knew what would happen after the halving, I spent another 0.03 btc on 0.1 THash/s BTC mining exactly 4 weeks ago.

All that money got burned, I did not arrive at ROI, my daily payouts dropped to 7000 Satoshis, according to GM support that's from 2 remaining contracts with 0.255 TH.

So if price and difficulty would stay the same, I would ROI those last spent 0.03 Bitcoin in 428 days ... lol  Smiley Shocked  I will post again in 428 days if this stupid thing is still running, but I wouldn't bet a penny on it.

It has all been said before me, so I like to repeat and encourage every newcomer: buy Bitcoins directly, even if it's just for 5 or 10 Dollar every month, and you will make A HELL LOT MORE money than investing in Genesis Mining. Investing $10 every month in Bitcoin for the last year would have made you about $240 if you sold now.


Protect and hodl your Bitcoins!

Best wishes
netpeak

lol, my worst 'investment' of all times, better buy and hodl