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RE: Genesis mining becomes unprofitable and demands extra payment

in #cryptocurrency6 years ago

I am bitclub member too however, their payouts for the investment is a little low. Yes it is for 1000 days however, they have not been delivering on their promises a lot lately. I think it is a legit business and they have been around for 4 years. I respect that but payouts used to be a lot better and the decline in payout for Bitclub Network is a lot higher than Genesis which makes me question that both companies are located in Iceland, why they pay different price for the electricity? Because BCN maintenance fees are higher than Genesis

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They have a lot of hash power coming online very shortly so you can expect payouts to increase significantly.

Yes, I have been experiencing payout increase lately. It is just that mining profitability has gone down so much due to increased mining difficulty and decreased BTC price

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