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RE: Genesis mining day 33 - bounce back
What do you think about Dash ? did you have info about the breakeven period ? is it pretty the same ?
What do you think about Dash ? did you have info about the breakeven period ? is it pretty the same ?
Hello thank your for your comment. I did not have dash contract but i can have rough number calculated if you invest today. The 5mh will cost 29.1 usd in genesis mining and it will generate around 3.26 profit by day and so it is roughly 9 months to breakeven. If you enter eth contract instead, the breakeven will be about 6.6 months.
Duly noted thank you. Don't you think that it's less resky though to go on Dash taking into account the fact that Ethereum will go to proof of stake ?
Yes i have considered that before entering into eth contract and one good thing about genesis is that they will let you to mine something else the most profitable at that time if eth changes to proof of stake. You can always choose etc as part of your contract.