Genesis mining calculation shows it is not profitable?

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Информация о Genesis mining calculation shows it is not profitable?

Название	:	Genesis mining calculation shows it is not profitable?
Продолжительность	:	8.19
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Amazing work ! Thk
Comment from : SDA Dan Cars

what you think about bcc bchbrbr steemitcom/bitcoincash/@lorilian1/bcc-looks-good#comments
Comment from : Dusty Smith

thanks for a video i this you right i mining for a month and of a moment i will need about 350 days to return my investment and this calculated without difficulty increase so its cut be i just get my money back after two years
Comment from : Rimantas

your total right i stoppes also after my first investment i made thesame bitcoin difficulty chart 7 increase every 2 weeks so in 10 x 2 weeks 5 months orso difficulty will double so also you income will decrease 50 if you not reinvest so let me say this clear YOUR FIRST DAY,WEEKMONTH at genenis is the highest you ever get so the ROI takes so long its not worth itbetter buy direct coins on the exchange
Comment from : Robb Hogen

did also your calculation 25 is a nice number I came out with about 40 Based at the difficulty and historic charts This a exponential curve when you zoom outbrSo you will be never profitable when you don't outperform this curve brbrSimpler buying them and wait At poliniex you can also lend your bitcoin and get paid for it So you have arround 10-15 performance without doing anything and 100 save
Comment from : preloved hybrids

Hey there wanna match upgrades? My code is (J4W2t8) I'm focusing on upgrading dash and ether contracts right now
Comment from : shogun tv

DASH is 200 today What impact does that make? Thank you for your video sir Great work
Comment from : Paradigms Lost

One does not have to make complex calculations about Genesis Mining to realise is a waste of time and money They sell 20MH/s ETH for $500 $500 will buy you at least 50 MH/s power if you add to your rig Now, on Genesis it takes 685 months (almost 7 months) for ROI On 50MH/s it only takes 31 months for ROI That is more than TWICE faster Plus you can sell those cards when difficulty rises and buy new ones On Genesis you are stuck with what you paid Unless you pay more With $500 you can buy 186 ETH now (currently 26871/ETH) With 50MH/s it takes 82 days to mine 186 ETH With the lousy Genesis 20MH/s it takes 205 days Almost 3 times more EASY! Some might say, well, why not buy ETH directly? Well, what if ETH falls hard? With existing hardware you can always switch to another coin or sell the rig, minimising loss
Comment from : Kosmonaut

I would look after long term investment Don´t sell and HOLD My code: 5Tm8Vc
Comment from : John Anthony Crespi Juan

How do referrals give u more money?
Comment from : ash smitty

one thing your calculation does not factor properly is that the price of dash is going up at the same time(hopefully) and this affects your ROI geatly and if the price goes down similarly the number of miners drops and the difficulty lowers , so I think this needs some more work I would reverse engineer your last year or so to get a true picture
Comment from : Allandale Technologies

Thanks for the video and feedback on your results I will be watching closely
Comment from : Jamal Hammett

i think it is profitable to be honestbut anyone have their opinionbrplease use this code guys in you change your mindbrthanx :)
Comment from : Mimi Valterson

About to make an upgrade to my contract and looking for someone who's just starting out with genesis mining Use my code 'S6O9fp' and I'll use yours
Comment from : Brandon Dossantos

Thanks for the video, I think your calculations are accurate Did you consider the value increase of the crypto coin over this period for your calculations, which makes it profitable Yes you will be mining and getting less Dash, but that Dash will be worth a whole lot more Dash today is hovering about $160, 1 yr ago Dash was about $8 There is your RIO Agree or disagree?
Comment from : Ng Gavin

your calculations are correct, I made the same conclusion
Comment from : Mikael H

Use the code: ALQ3jY to get 35 instant discount - 100 guaranteed!
Comment from : ros

I mined ethereum at genesis mining from from jan 2016 until jan this year cost me about $500 and made about $2300 Had I just kept my ethereum (was about a dollar at the time) I would have way more I got into cloudmining because at the time I found hodling kinda boring brbrit's not wrong to try it but don't put all your investments into itbrat the moment I'm lending out bitcoin on poloniex It's not that much and it still holds a risk, but (as long as polo won't scam me) I keep my investment and the rent
Comment from : H58053

DASH contracts are 2 Years why u should do updates every day after your first purchase you get less from this update cause the contract i already running or am i am wrong?
Comment from : TheCaseema

BTC DIFF drop recently? Genesis payouts are up the past 2 days and Mining proceed value has risen 20 while sittingeveryone taking this into account?
Comment from : BTC GURUS

A quick look at sha-256 hosting shows you would be paying $1700 for a miner they keep and about $1600 a year to host it assuming $33/Th/day for 135 Th S9 As soon as it's not profitable, genesis keeps the miner With the current difficulty increases, I would doubt you could get more than 18 months
Comment from : Ed Martin

Also keep in mind that every one wants to buy asic miners for dash right now and they are very few sold from baikal right now Once they mass produce asic miners for x11 the difficulty will easily double or even triply
Comment from : Carlo

Your my hero thanks for keeping it real with this shit
Comment from : Matthew Lopez

It will come to a point it is terrible to mine DASH 45 goes to masternode, 10 to treasury What is left for you? I don't believe in DASH long-term Steady priced bitcoin gives 8 - steady DASH will give only 3 - not good, agree?
Comment from : Eduardo Capanema

What metric more accurately determines the expected change in payout Change in hash rate or change in difficulty and why?
Comment from : Average Joe

Need to factor in that the reward is reduced 7 per year
Comment from : Average Joe

what if you would do the opposite and make full investments for a yaer so you get ahead of the difficulty for a year? and after a year you can let it run from the refferrals you've helped in the first year
Comment from : Jonas 618

I'm currently mining on Genesis too I've noticed that any mining calculator indicates me that I should earn more than I am receiving from Genesis I can understand if it was some times but ALL the times makes me wonder
Comment from : Kryptos Yappari

Honest and brave message , thanx for keeping it real Hope your wrong thou
Comment from : Samensons

I have a friend that just got 1500 mhs they will see what happens they will not upgrade or get anyone to use their code so we shall see they started 1st of May so let's see
Comment from : Robbie Rush

I will not upgrade for a month so as to watch my payout I am with you on this as I have about 2000MH hashpower
Comment from : Ola Ade

I would work out the mining calculator with the 14 day average not whats auto-populated on coin wars Hope this helps!
Comment from : Mike Williams

Hey levi On your spreadsheet you have the difficulty at 192000 for April But the last 14 day average on coin wars in 127000 So the spreadsheet is inconclusive I i have based this on the coinwars spread sheet which is the most accurate What i think you should do is work out the range for a 30 day period using all the data I may do my own one and show you thanks
Comment from : Mike Williams

Math is so hard, lol I agree with your findings, it all comes down to the contract don't last long enough and because Dash just went from GPU to ASIC andt it has not found a steady difficulty increase yet, that and the price is not stable like bitcoinbrbrWill you be doing any BTC upgrades?
Comment from : YellowFever4U

Booo!! I'll guess I'll have to wait a month for you to use my code eventually 🙄😲
Comment from : The Coin Alley

Well, on the mining calculator that you have used when you loaded the web page up the difficulty was set to 165k which is way above the average That chart that you seem to be using for difficulty is not accurate A more accurate version is the one on coinwarz If the difficulty was that high I wouldn't be upgrading as much as I do! Obviously there will be increases over time as people join the network and as the price continues to rise but the contractso are still very profitable Obviously yes I do get referals which makes it more profitable for me but that dosent mean it is not profitable for the average investor
Comment from : CryptoNick

Thanks for your honesty and transparency on this
Comment from : Harvey Williams

Those who are planning to upgrade I'll match your deposit and give you a shot out I do video proof use code 5Lp4c3 and comment back
Comment from : Dr Lyken

i'm planning to do an upgrade 06/05/2017 for my dash account for 300Mh/s ($1500)bri've used severral peoples code but i never get any upgrade back, so i'm gonna make a contest out of itbri will use the code of the person who makes the biggest upgrdae with my CODE: 37XzNF
Comment from : Chris