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RE: Question regarding Genesis-Mining

in #cryptocurrency7 years ago

Not quite sure but if you can get a.mining rig, why would you consider genesis mining? Genesis mining or other cloud mining are only 55% efficiency of a mining rig. If you are mining eth on genesis, remember it may switch to pos soon but genesis will let u change the contract to mine other coin at that time.

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Yeah, it looks confusing, doesnt it? Still dont know 'when' i will manage to buy the rig, so i was thinking to start with minimum badget on genesis first (for first couple of months) and see how reliable the profit calculators are, since more or less they mention that investment is covered within 6 months. Its more of a test really!

I was thinking to do it after i buy the rig,but on the other hand the way the contracts are running out , i might not have a good option later on.

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