Quote from: MinerVGA on October 09, 2018, 08:19:48 AM

Quote from: Zebulon Baldwin on October 09, 2018, 06:05:23 AM

Agree, that's the crypto basic. Like the whole crypto market is not really profitable untill BTC is UP to about $11k for a long period of time

Quote from: hongchao123 on October 08, 2018, 07:39:51 AM

Quote from: Scarlett07 on September 22, 2018, 12:00:55 AM

Quote from: I-Love-BTCD on September 20, 2018, 08:10:48 AM

Hi I heard Genesis also has problems, is it true?

Yeah, all cloud mining services have difficulties now since btc rate is impossibly low for profitable mining.

It can be profitable only with really high prices, we've seen it last year. All other time it wasn't very profitable, let's be honest, and now it's a complete mess.

The thing is mining difficulty always increases as well; so by the time btc hits 11k who knows how much exactly we gonna need to gain real profit. Anyway, with current prices it's pointless to discuss it.

So many details Shocked

10/11 k seems like heaven in comparison with current rate no matter what Grin