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RE: Genesis Mining Review #8: 84.035 TH/s Open-Ended Bitcoin Mining -- More Than Broke Even

in #review7 years ago

Which basically means, this $25 fee can be anywhere from 25-45% of your daily income, even at 91 TH. However, my fee calc still leaves some money missing. I wonder if electric bill is still charged on top of this fee. The cryptocompare.com calculator shows I should be making $112 a day today, with price at $4370, but I will be lucky to see $75-$78 of that sent to me. So that means 30.5% is taken in fees at current BTC price, which is high, so this is probably as good as it gets. Then let's not forget the other 3-6% in transactions fees to get it to a bank card. And then the capital gains and income tax on top of it. You really get beat up, and probably lucky to see 40% of proceeds after all said and done. Am I miscalculating or overlooking something? Anybody?

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