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RE: Do not invest in DASH X11 contract on Genesis Mining.

in #genesismining7 years ago

Many thanks, i have been considering to take on a dash contract in genesis mining, but do you mean that the current payout is not in line in what being shown in calculator such as coinwarz? To me eth mining does mimic the payout, hope to hear more from you on this.

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Yes, the overall mining hashrate in dash has grown around 24% pr month, which means a 24% increase in difficulty.
Take a look at this:
https://steemit.com/cryptocurrency/@dafamousdj/why-genesis-mining-is-not-profitable-in-my-opinion
He has made several videos on the matter on youtube.

I will do an additional post on the matter once i have gathered more data.

Thanks @ugaard. I also plan to address the point by projecting the future difficulty and such that it will give me a brief look what it will look like in 2 years. People may not like it but it is just a piece of information to consider. Thank you for your support :)

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