Bitcoin Mining and Genesis Mining BTC Contracts ARE BACK!!...............steemCreated with Sketch.

in #bitcoin7 years ago

genes mining btc contracts are back.
and I don't think they will stay for long.
they might go out forever and never come back.

GM_LS-BIT-Banners_960x640px.jpeg

maybe perhaps the btc contracts at genesis mining will always come back.
keep coming back until they cannot buy bitcoin mining equipment anymore,
or until the mining gears get bought out by other people.

however, i think btc contracts are a lifetime mining investment.
an investment better than gold, a savings bank account, or even altcoins.
btc contracts in my opinion is the gift that keeps on giving.

https://www.genesis-mining.com/
get 3% off with code: 6DU7kq
credit card, btc, dodge, and dash accepted.

watch video to learn more about bitcoin mining basics below
if you are not sure or don't know what bitcoin mining is.
simply put, cloud mining is more efficient than solo mining or mining with your own gear.

https://www.genesis-mining.com/
get 3% off with code: 6DU7kq

Sort:  

I wouldn't agree that this is definitly a better investment than gold or some altcoins. Maybe, if you are extremely lucky, but I think it is unlikely.
It isn't a lifetime contract, as soon as the fees that are charged every day per GH/s exceed your return in BTC the contract gets canceled.
Check my blog @xwerk for detailed stats. Right now it takes about 400 days to ROI, but only if difficulty doesn't increase and/or the BTC price doesn't drop:
Genesis Bitcoin Mining Day 88

altcoins are speculation and only a few of them have case uses.
bitcoin mining is increasing everyday more, the price, and the security because of the network hash power.
even bitcoin with the fork debate and slow transactions cannot keep adaption and price from rising.

gold has little industrial use.
silver has more industrial use.
and bitcoin mining secures the network, and bitcoin is the oldest surviving crypto.

Sure, couldn't agree more. But doesn't change the fact that you are probably better off just buying and holding BTC than using cloud mining.

VERY VERY VERY EXCITED ABOUT THIS

if you guys every need a genesis mining code for discount,
you can use mine from this blog, other blogs.
and the code is also posted on my youtube channel.

mining profits also depends on the legitimacy and the people running mining services. many mining cloud services are scams.many are not profitable.
however, genesis mining is legit and profitable and being long in the game.

anyone remember about the amp or sysnero ico?
it turned out badly and investors had they coins drop in prices.
and also anyone know about crypto scams site that double or triple your btc in days?

why will anyone go for scam sites?
why will anyone go for icos?
why not go for mining when it is a 100% sure thing?

But the mining effeciency of bitcoin is too high so that the mining profit is so low. I would prefer Eth or XMR

eth and xmr is good if you prefer short term profits. btc mining rate can go up, but prices going up too.
so, imagine when mining equipment are sold out and only a few people own hashing contracts with lifetime payouts. and more people keep buying and hearing about bitcoins.

But I doubt that only bitcoin contact does not have end date, and the mining profit may be to small so that genesis mining set the contract with no deadline ......

maybe yes or maybe no.
always do your research before investing.
many altcoins are speculations, hyped up, or scams.

And there are many ICO available, it just a gambling :)

yes, it is so easy these days for anymore to create a fake website, white paper,and even fake developers profiles. icos can be made by scammers, by crypto newbies, and or even by people who think they gonna get rich by just having an ico.

Coin Marketplace

STEEM 0.28
TRX 0.12
JST 0.032
BTC 69380.97
ETH 3764.30
USDT 1.00
SBD 3.86