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Board Service Discussion
Re: Genesis-Mining Review
by
busyjordy
on 04/03/2017, 17:10:32 UTC
New post on Allcloudminers where Genesis Mining is compared to Hashflare cloud mining. All cloud mining contracts are compared with costs, payouts and maintenance fees.

Here is a part of the comparison. It says how many days it takes for the payouts to cover the initial cost for the different cloud mining contracts.

Break even days   Genesis Mining   
SHA 256 Ths   541   
...........

I am confusd here, I bought that SHA256 contract to test he site back in June 2016 - today is MArch 2017
I put just $120 in there to test. To date I hjave earned about $160 back and currently I receive around $1 pr day but there has been some hash upgrades to my plan due to referrals, about 3 or 4 times I received some hash power in total but cannot find out how much this added to my current available plan, so I am confused as to why is this not profitable for many people but it is profitable for me. The bonus hash I received is by no means the size of what I paid for, hence I am not making the profit from referral commission or anythig to that tune.

Someone please advise. Thanks.