Genesis-MINING REVIEW: Day 12 - Bitcoin Cloud Mining | full disclosure + Steem/BTC giveaway | "ROI in 450 days? - lol!"
Read here why I decided to create a blog about Genesis Cloud Mining in the first place:
https://steemit.com/mining/@xwerk/genesis-mining-review-day-1-bitcoin-cloud-mining-or-full-disclosure-steem-btc-giveaway
Here you can see the payments I received so far:
As you can see, BTC received are pretty close to 0.0002 BTC per day on average. 12 days is still a small sample size, but it looks like payouts are constantly dropping already:
And here all relevant stats:
- BTC earned this day: 0.00019218 BTC
- BTC earned total: 0.00258141 BTC
- BTC earned average per day: 0.00019857 BTC
- $ earned this day: $0.20
- $ earned total: $2.87
- total $ value of received BTC now: $2.68
Here you can see that we only made 2.8% ROI in 12 days so far and estimated time to ROI increases very quickly as soon as BTC price drops and payouts drop:
- expected time to ROI (constant mining difficulty): 450 days
This looks to me as if payments do not increase for the next payouts and difficulty continues going up, reaching ROI will probably be impossible!
Note: I'll be giving away 50% of my STEEM earnings and 50% of the referral BTC for these posts.
To join the giveaway for STEEM, simply follow me. Estimated day of Giveaway will be next full moon! Parallel to the Byteball Airdrop.
To join the giveaways for referral BTC, leave a comment on how much you spend and on which contract. Spams/guesses will be permanently banned.
This is the 3% coupon CODE you should use on checkout: ZRUYAk
And here is a link to Genesis-Mining.
- STEEM in follower lottery pool: 4.48
- BTC in referral lottery pool: 0.00