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RE: Cloud Mining- Genesis Mining Zcash and ETH sale!
it will be ~18 months for either ETH or Zcash for ROI assuming prices of the coins remains where it is today. I would be gambling that the coins will rise 18 months from now but mining difficulty has not been incorporated. I just know with the cheapest mining contract for ETH, $1,520 I can get around 2 ETHs in two years. I think of it as a long long term investment.
http://whattomine.com/coins/151-eth-ethash?utf8=%E2%9C%93&hr=40&p=405.0&fee=0.0&cost=0&hcost=0.0&commit=Calculate
http://whattomine.com/coins/166-zec-equihash?utf8=%E2%9C%93&hr=200&p=360.0&fee=0.0&cost=0&hcost=0.0&commit=Calculate
So would you better off in continuing to move that money into staking coins or into to mining contracts? At least with staking coins, you have a compounding effect like you have spoke about with Smartcash. I know that not all stacking coins are built equally, but just curious. You are the expert and I am merely the pupil.
All of those are good points. The buy in on genesis mining is real high. The trouble with staking is one needs to invest a decent amount to gain any good sort of return. I have mostly focused on passive income and feel I may just take a crack at holding a coin that can potentially moon. The staking will work if I truly hold long enough, but if I can get a coin that moons and convert it into a staking coin that is the ideal path.
I am definitely no expert, just learning as I go. I am 25/75 in getting gensis mining contract, 25% of getting it that is. I see just buying coins that can potentially moon is quite the better way of making big gains. Looking very carefully right now between EOS and ETH. I am actually leaning towards EOS right now.