Mining is for rich

in #bitcoin7 years ago

So i will just get to the point, if you about to invest in cloud mining with 10-1000$ don't you better with a high risk, high reward investment like the one we are prohibited to promote here in steemit for some reason
However i am not about to promote my URL so cool down.

So let's start with Genesis mining (the worst mining that is not a scam)

It have this standards plans and a custom one
The Gold plan doesn't break-even a Hash of 30$ initial cost and then will generate net revenue of around 4$ a month with hidden fee of 2.8$
i know it will break-even a year or so but hashing rate is going down month after month and fees could surpass revenue withing that period

Platinum is OK but you better hodling bitcoin

Now the Diamond package is where all the profit goes
For less than 2000$ you get 15TH
The monthly profit will reach around 300$ and yes fees deducted so net 300$ a month on 2000$ mean 7 months and then what you get is pure profit so weather hashing profit more or not you are still a winner, Well not really

Let's see another website which has more reputation, the domain alone worth at least 1500 BTC which is Bitcoin.com
First there is the 3 month plan which actually out-of-stock even though it doesn't break-even as well it's like people are paying the cheapest with out doing a simple math calculation (4.3-1.3) *90-300=-30$ i don't know what they were thinking

The 6 months plan is way better

The lifetime plan is awesome but you will have to pre-order, You can take the popular one but Genesis is better

I will be checking Hash 24 but i am still not sure weather it is scam or not

My personal recommendation is to not mine you are better off hodling, but if you want to win or die go with a lending services like the one i mentioned before (the one we are prohibited to promote because the cleaner here are kids)

Any who that lending will make you get up to 40% so 2 and half month break-even and you will get the investment back
i know too good to be true but look they have been to blockchain expo and they explain their bot and seem legit, and they never delayed a pay since Mar so even if they are scamming, you will probably get your investment back before that as there is no indicator they are going away any time soon.

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Interesting take on things, thanks.

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