Minnowbooster vs Genesis Mining returns
Genesis Mining has been my 1st choice of investment for the last 6 months, but now that they have been out of bitcoin cloud mining contracts for the last month I have been looking for other opportunities.
The returns of the bitcoin cloud mining contracts have been about 15% per month. A big negative has always been the fact that you don’t your initial investment back. This is a big deal because it takes much longer to get into profit. This increases the risk. Anything on the internet is very risking because things can change very fast.
Fortunately I started with Genesis Mining 16 months ago so my risk period is over. I have my initial investment back. That is why I started slow and small and build my account with compounding and commissions.
The yearly return for Genesis Mining is 15*12 but then you need to subtract 100% for your initial investment you don’t get back. When you invest for longer than 12 months the returns increase a lot more.
By investing in cloud mining contracts you are contributing to the sustainability of the crypto currency network of mining network. No crypto currency will exist without mining machines.
Minnowbooster is still new to me. I made 1 small delegation a week ago. The returns are small at 2% per month, but there is almost no risk. The reason is that I am not handing any money (steem) to Minnowbooster.
This opportunity is great for big investors who would like to make a small but very safe daily return, because you are not handing over any money. When you are a small investor like myself and allocate 150 SP you only see small returns like $0.129 per day.
The yearly return for Minnowbooster is 24%
By allocating your SP you are help a fellow steemian and making good use of your SP without having to upvote your own posts to benefit from all that SP.
Please comment below with your thoughts. I upvote all comments.
Please give us an Upvote if you think this info was helpful. It will help my online business a lot and I hope to return the favour in the near future.
Thank you. :)
PS. Hot tip 1, Remember don't upvote this post if older than 7 days, you are wasting your voting power!
PPS. Hot tip 2, when buying upvotes, do it on day 6, but 12 hours before 7 days run out.
PPS. Hot Tip 3, I upvote all comments below.
Thank you for your support.
Regards
Colin Brazendale
Email: [email protected]
Facebook: https://www.facebook.com/colinbrazendalesinternet/
Youtube: https://www.youtube.com/user/czb1972/
More information about me:
I am a successful bitcoin cloud miner and affiliate of Genesis Mining. I have been mining for the last 16 months. I am in profit and doubled my bitcoin in this time. So I highly recommend Genesis Mining to earn bitcoin and make money online.
Genesis Mining is the only true 100% passive income opportunity online and offline. Let me help you get started.
Join Genesis Mining here: https://www.genesis-mining.com
Here is the promo code to get 3% discount: QqNvn3
How to get started with bitcoin cloud mining: http://www.miningbitcoin.co.za
Great stuff colin, im still new to steem and i want to know buy steems with changelly can someone help me how to do it i am a little bit confused about which one is the steem address is it my username or something different @stanleymathanda
Hi stanleymathanda, the learning curve is steep in the beginning. Here is a video I made showing how to buy more steem. Skip the video to 6:19 minutes to get the part where I buy Steem:
Hi @stanleymathanda can you watch the video? Colin's videos are great.
Thanks. :)
@minnowbooster delegation makes sense especially I think if you already have a loyal following, because they will keep upvoting you and commenting on your posts :-) even if you have less sp for a while.
If you buy lets say 120 NEO and keep it in your wallet you got 1 gas amount completely pasivly. And the expectation of the price is to rise in long term many fold. That just un idea not a financial advice :).
How does that work? I am not familiar with Gas.
I invested in NEO when it was 5 dollars . But i still belive is a good buy in long run because of this very feacher. Generating passive income for you when you howd it in your pocket.
https://coinmarketcap.com/currencies/gas/
Wow, great stuff @mihail.tsvetkov. Thank you
We love you minnowbooster no matter what is the situation.
Yes, I like @minnowbooster too @welcometonepal. :)
Nice to see another South African here!
Yes, me too. :)
Looks like you are new here.
alright! lets try this!!! upvoted! and also followed! thanks!
Thamks for the hot tips!
img credz: pixabay.com
Nice, you got a 4.3% @minnowbooster upgoat, thanks to @colinbrazendale
Want a boost? Minnowbooster's got your back!
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