Genesis Mining Journey - Day 114 (Purchased 500MH/s Dash x11) - profits
It is now day 114 with the cloud mining and these are the results for "500MH/s Dash x11" on Genesis Mining.
Current pay outs per day = $0.43c per day
From the day 10 amount of = $13 per day
Conclusion, this 2 year contract will not return the amount invested. Also, the main reason I believe is due to the Antminer D3's being flooded into the market and completely wrecking the mining difficulty.
It is also disappointing that Genesis seem to have removed a way to track my earnings in USD on their site. Which seems to be misleading their clients. It only shows 20 USD in earnings, and doesn't show anything earned before the 2017-09-27.
Be careful when spending any money with any cloud mining companies.
All the best.
Yeah, i tried explaining this to other people who are avid supporters of mining and quite frankly was completely obliterated.
Most people think that its a get rich quick scheme. It's not.
Well... I wouldn't call it a get rich scheme either way... But yeah still a little disappointing.
Interesting
I will follow you to see your future posts! +vote
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