You are viewing a single comment's thread from:
RE: Cryptocurrency mining - Genesis Mining - Opinion
Agree your opinion, i have invested to genesis mining myself and the key variables are 1) the difficulty of the coin you are mining and 2) the market price of the coin. Since my contract is about a month old, the eth per day is getting smaller and smaller. But at the same time, we see the gpu price is going up, if the price is too high, cloud mining maybe a good choice afterall.
i mean, with the BTC contract which is "life-time", I see a potential profit, but thats for my particular contract just few cents per day. It would be better, if BTC would shoot up to 10k :) Then, I would call it "profitable".