RE: VLOG 207: WHAT CAN I TEACH YOU NOW?
This is an interesting concept... Everyone who trades realizes they'd rather just buy $2500 of ether or bitcoin vs. mining it and waiting 6 months before making even a penny... I personally put $2500 into Genesis mining bitcoin and currently received 1.15 bitcoin in about 4-5 months... had i just bought that garuntee id have more money now... However if the growth continues to mine in the next year or more, than i should have more coins from mining than my initial purchase could have ever bought. Mining is a safe investment just very very slow in the profit, but has potential LONGterm to be more profitable if these coins ever boom and in crazy chance the payouts continue? IDK you probably have much more experience than i, however Longterm there still seems to have potential... maybe I'm just an ignorant hopeful:)
Are you profitable even considering rising mining difficulty, any maintenance fees, and length of contract? I've always wondered how the cloud mining guys work... why wouldn't they just mine for themselves? Because it's more profitable to rent mining hardware and charge fees? Maybe Genesis Mining is different as I'm not familiar with them (haven't looked into that stuff in a long, long time).