I have the impression that Genesis Mining only really makes sense if you have a lot of money to spare, plus, if you have a lot of people using your affiliate link.
Guys if you calculate the break even point. Keep in mind to consider the difficulity increase: https://bitcoinwisdom.com/bitcoin/difficulty
This year the bitcoin mining difficulty increased by more than 50%
Genesis mining is useless.It has sens only if you "farm" new users with your affiliate link. Just buy coins at exchange,and that's it. :)
Thats way i need u to use "Ka5TAf" and get 3% off every purchase on Genesis Mining ;P
I also think so. The calculation does not consider the increase of the mining difficulty. With that in mind, the break even point is many days more!
I have the impression that Genesis Mining only really makes sense if you have a lot of money to spare, plus, if you have a lot of people using your affiliate link.
Genesis mining Bitcoin is nice for me, better interest than a bank plus compound interests! Also you don't need affiliate links to win but it helps.
Clearly cryptonick has used it with his millions of affiliate links but good for him!
How much money does it cost per month for Genesis?
I have some Bitcoin to pay for it.
Wouldn't start with anything less than $100 worth
You can start with 0.01 btc to buy terrahash
Good post
When btc cant be mined any longer are we still able to use contract shaw256 to mine other coins?
Guys if you calculate the break even point. Keep in mind to consider the difficulity increase: https://bitcoinwisdom.com/bitcoin/difficulty
This year the bitcoin mining difficulty increased by more than 50%