GENESIS-MINING, PREDICTIONS FOR BTC CONTRACTS SINCE NOVEMBER 2017

in #bitcoin7 years ago

Let’s see the predictions for sun-mining from November onwards (http://www.cloudmininganalysis.com/2017/11/25/genesis-mining-predictions-since-november-2017-for-btc-contracts/). For the calculations we will make some assumptions from the last 6 months of BTC:
Difficulty increase of 6.294285714% every 2 weeks
Increase in BTC price of $ 399.0714286 every 2 weeks

We will use the same contract as in the other post:
Duration: Lifetime.
Hashrate: 24,200 GH/s.
Daily maintenance fee: $ 0.00028 / GHs = $ 6.776.
Price: $ 3,230.

Break even

If contracted today, the investment would be recovered in 3 months and a half (this is not possible since genesis-mining does not have new contracts available until March 2018).

1 year predictions

In the first year we would have mined 0.6879 BTC, which would be equivalent to $12,175.5230, or what is the same, a ROI of 376.9511%.

Until the end of the contract

The contract would last until October 2019, having been mined 0.7702 BTC, which would be equivalent to $20,700.3008, or what is the same, a ROI of 640.8761%.

Mining BTC vs BTC direct purchase

If we buy $ 3,230 in BTC today, November 25, 2017 (1 BTC = $ 8,630), we could buy 0.37427578 BTC.

For the mining contract it would be 0.77020485 BTC in 2019. We would be talking about obtaining 105% more BTC, that is, more than two times BTC.

If the post has been useful for you and you have thought about investing in genesis-mining, you can do it through this link.
https://www.genesis-mining.com

During the purchase of the contract indicate this code
ETYVhH
in the promotional code field once the payment method has been chosen. You must click on the “Validate” button before proceeding with the payment.

They will give you a 3% discount on the price of the contract and they will give me 2.5% of the power of hashing that you hire, it is a win-win for all 🙂

See you next time!

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I am really considering contrating some cloud mining service, this one looks nice... I don't know what to do!! :S

Hi Fangonus, take a look at the comparative post between genesis-mining, hashflare, sun-mining and direct purchase of BTC. https://steemit.com/bitcoin/@gameofcrypto/genesis-mining-vs-hashflare-vs-sun-mining-vs-direct-purchase-of-btc-december-6-2017

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