Marko,

IMHO you would stand a better chance to make something day trading the BTC than buying hash here at this time.  The contracts are lifetime but if the price increase the difficulty will also as people around the planet bring hardware back on-line.  Once the halving occurs it will earning 1/2 what it is now also.

What I have been looking at and watching is the X11 stuff.  Most of that stuff show to ROI in about 280 days based on my math.  These contracts are for 365 so they should make ROI.  Again this is like the stock market and depending on what coins are mined.

My BTC is going towards x11 for now.

Not sure if this helps.  Genisis has been good about keeping the prices stable as the BTC price moves around.  It seems to be adjusted daily to the market value.

Fahlcor

Please do keep in mind, in a scenario where the BTC-price doubles, it would have been better to HODL your Bitcoins instead of spending them on cloudmining!

To answer your first question, to see fees, make an account, order some hashing power and select 'View Agreement'.

It wasn't about my opinion. It was about Marko11 questions unanswered.

I told GM I would keep posting until they answer my support request. I will keep my word and keep saying there is no way to ROI here.

Seriously Genesis Mining...?

You shouldn't delete my posts when I'm answering somebody else and when my post is neutral.

Hello Marko11,

No, the daily fees are fixed contractually by the time you purchase your hashpower and are guaranteed to stay the same.

Hope this helps! You can also get direct and individual support for your questions by contacting contact@genesis-mining.com.

Your Genesis Mining Team

Yes i know the answer on that..
https://dl.dropboxusercontent.com/u/304909/gm10.jpg

Hashnest is playing whit fire having the option to sell contracts.
There is a reason GM not allow this. Hashnest can be shutdown be corse of that. It`s not if, but when.

This calculation is wrong. If difficulty increase by 120%, miner still mine some coin, but you have fixed fee of 15Th x 1.2$=18$.
So if the 15Th earn less than 18$ per day for 20 consecutive days the contracts will terminate.

15Th earn 0.1146 btc, with 60% diff increase will earn 0.071625 btc (for 30% increase divide the btc by 1.3, for 120% increase divide the btc by 2.2),
if BTC will be at 240$ in 6 month -> 17.19$, so minus fee of 18$... no profit ! (contract will terminate)
if BTC will be at 300$ in 6 month -> 21.49$, so minus fee of 18$=3.49$
if BTC will be at 500$ in 6 month ->35.81$, minus fee = 17.81$

For this kind of contract the BTC price if very important (because of the fixed fee). Sorry for my bad english.

If price collapses or difficulty increases a lot your shares will be worthless anyway. It's an illusion to believe that you can mine, and then if mining goes bad you "just sell your shares". Also getting the hardware is useless for almost everyone, because of electricity cost, the extra heat, noise and not to forget "shipping costs".

If you urgently need the money it could be a benefit to sell. But in the first place you should not invest money that you might need anyway.

I like GM because of the multi-algo / multi-coin approach, and because they do a lot to boost the image of cryptos in the public.

The magic words here are "if btc price not change".
And that is impossible to say. Maybe we see 600+ in the next Year.
Then we reach ROI of course much faster.

Or the price collapses. Or Difficulty increases 200%, or or or.

To be honest, I like GM and indeed have smaller amounts invested, but I would not invest $ 5,000.
I would rather recommend Hashnest. Since you can resell your shares.
Or get the hardware if it is no longer worthwhile.

Genesis is more for the small coins that you have left anyway, in my opinion.
No Offense GM

I can help you whit that

Difficulty History
Date    Difficulty    Change    Hash Rate
Nov 11 2015    65,848,255,180    5.77%    471,360,171 GH/s
Oct 29 2015    62,253,982,450    2.25%    445,631,364 GH/s
Oct 15 2015    60,883,825,480    0.12%    435,823,399 GH/s
Oct 01 2015    60,813,224,039    2.49%    435,318,014 GH/s
Sep 17 2015    59,335,351,234    4.17%    424,738,988 GH/s
Sep 04 2015    56,957,648,455    4.98%    407,718,729 GH/s
Aug 22 2015    54,256,630,328    2.95%    388,384,088 GH/s
Aug 08 2015    52,699,842,409    0.81%    377,240,166 GH/s
Jul 25 2015    52,278,304,846    2.35%    374,222,683 GH/s
Jul 11 2015    51,076,366,303    3.39%    365,618,871 GH/s
Jun 28 2015    49,402,014,931    -0.58%    353,633,397 GH/s
Jun 14 2015    49,692,386,355    4.42%    355,711,957 GH/s
May 31 2015    47,589,591,154    -12.50%    340,659,563 GH/s
May 17 2015    48,807,487,245    2.44%    349,377,603 GH/s
May 03 2015    47,643,398,018    0.07%    341,044,727 GH/s
Apr 19 2015    47,610,564,513    -3.71%    340,809,696 GH/s
Apr 05 2015    49,446,390,688    5.84%    353,951,052 GH/s
Mar 22 2015    46,717,549,645    -1.50%    334,417,246 GH/s
Mar 08 2015    47,427,554,951    1.59%    339,499,662 GH/s
Feb 22 2015    46,684,376,317    5.01%    334,179,783 GH/s
Feb 09 2015    44,455,415,962    7.71%    318,224,263 GH/s
Jan 27 2015    41,272,873,895    -6.14%    295,442,739 GH/s
Jan 12 2015    43,971,662,056    8.20%    314,761,417 GH/s
Dec 30 2014    40,640,955,017    3.00%    290,919,288 GH/s
Dec 17 2014    39,457,671,307    -1.37%    282,449,013 GH/s
Dec 02 2014    40,007,470,271    -0.73%    286,384,627 GH/s

Seems correct  But we do not know if the diff will be in day 6 months.

Well if you plan to buy a setup for 15000gh/s, things gonna suck huge time.

Genesis Mining is the best option, and you make some return on investment whit a bit of luck.