You are viewing a single comment's thread from:
RE: Genesis Mining Review - Is It A Scam?
All managed mining pools are a scam. Because the actual owner of the hardware makes he makes money first.
I did the calculations.
Wit a 10k investment you would get 0.8 ETH per months.
With a 2 year contract that leaves you with 19.2 Ethereum after 2 years.
At the current price for 10k USD you can buy 30.12 Ethereum.
@bestcoin84 there are indeed a lot of people that agree with you and although I do not think that it is a scam I will not be putting my money into in mining contracts as there are far better ways to grow my money.
Share this high returns for us all
@newmarket65 I'm all for people making profits and if a person has all other bases covered and wants to invest I'm all for it.
To be honest, the word scam has been used far too much nowadays, people calling bitcoin a scam, bitcoin lovers calling altcoins a scam, the list goes on and on. As long as you don't put more money then what you are willing to lose you should be alright.
There is a few people out there which I been following who already broke even and are now in profit so if that is the case you can't really call it a scam.