Genesis Mining Review
Genesis Mining is the most dependable cloud mining for who don’t need to trouble to do the set up mining. Personally, I adore with all simple navigation and the interactive menu. Situated in Hongkong, many algorithms that you’ll be able to select based on what you’d want to mine are supported by GM. Support with contract and many algorithms to find the very best comfort from strategy and cost.
Thought of the price of electricity as well as the weather was great to retain heat the data center situated in Iceland, in mining machines.
Support multiple algorithms can more easy for a miner to decide on what’s the greatest money-making based on cost. Here is the cost from strategy and each distinct algorithms.
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Genesis Mining Profitability
The mining that is interesting of cloud is the way long you can get ROI? we examined several algorithms using a custom plan.
Ethereum Contract for 1 year, started on April 2016 with 1 MH/s
SHA 256 with 2.65 TH/s bought on June 2016
X-11 contract for 2 years, bought on July 2016 with 50 MH/s
1. Ethereum Contract for 1 year
Once I purchased on 18 June 2016 for 1 MH/s, the cost is USD. 47.68. During 11 months and according to advice on the dashboard now 39 USD. Which mean left USD. 8.68
2. SHA 256 Result (During 9 Months
Beginning on 18 June 2016, I purchased for 2.65 TH/s with price USD. 455.70 and again, according to info in the dashboard I earn USD. 861 which gives me some good profit.
In addition, I compare both BTC jointly with USD to find out receive per day in every month to find the slow effect. I used the Poloniex to see the result.
3. X-11 Result (During 8 Months)
On 1 July 2016, I purchased another algorithm which is X-11 with 50 MH/s and cost USD. Already bring in USD. 734
Additionally, I supplied ever result to find reduce during 8 months interval.
Nevertheless, you can think about purchasing just from both algorithms (SHA-256 & X-11). I am not trying the result and most likely other algorithms not far from my Ethereum contract.
From my standpoint, Ethereum contract isn’t recommended to purchase cause the contract time along with the effect make the effect is too little.
One more matter is I attempt to compare which payout is the greatest, please give your view about it and can share it to me.
+ Trusted Cloud Mining compared to others
+ Great outcome for SHA 256 & x 11
+ The minimum payout is 0.0006 BTC
– No reference fee in per day, other cloud mining give the report of mining outcome as well as upkeep price to see the impact.
Finally, If your interest to utilize cloud mining, you are able to join and get 3% discount by using this code