it probably upgraded your sha256 mining by 25 Gh/s ? not a lot to start out with, but evey bit counts lol. you can use https://www.cryptocompare.com/mining/calculator/btc? to calculate. like my 1Th/s cost about $105 and makes about $27/month so ROI(return on investment) is about 4-5 months :D then all profits :D
Hey, thanks. i do got a question. Is Genesis mining lifetime contracts and does it have fees for keeping the miners online? Is your 1 Th/s a 1 time purchase?
sha256 contracts are lifetime yes. i think the "fee" is $0.0028 per Gh per day.
but if you use calculator, just put power cost to 0 just cause its way easier to see. but you could calculate power usage separate if you wanted. i just know from personal experience, cloud mining is WAY easier. i have miners, some burnt out. some are too expensive now to run, some are too hot to run, like heats my whole house lol. but i do have a few efficient LTC miners i run :D other than that im HEAVILY invested in genesis :D like over $1000 lol
Thanks. i don't know what to do but i just got an email about it
it probably upgraded your sha256 mining by 25 Gh/s ? not a lot to start out with, but evey bit counts lol. you can use https://www.cryptocompare.com/mining/calculator/btc? to calculate. like my 1Th/s cost about $105 and makes about $27/month so ROI(return on investment) is about 4-5 months :D then all profits :D
Hey, thanks. i do got a question. Is Genesis mining lifetime contracts and does it have fees for keeping the miners online? Is your 1 Th/s a 1 time purchase?
sha256 contracts are lifetime yes. i think the "fee" is $0.0028 per Gh per day.
but if you use calculator, just put power cost to 0 just cause its way easier to see. but you could calculate power usage separate if you wanted. i just know from personal experience, cloud mining is WAY easier. i have miners, some burnt out. some are too expensive now to run, some are too hot to run, like heats my whole house lol. but i do have a few efficient LTC miners i run :D other than that im HEAVILY invested in genesis :D like over $1000 lol
Do you loose a contract if it is no longer profitable or does it temp. disable?
Im not 100% sure on that... I would think they would disable if not profitable...
sry. fee is $0.0003