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RE: GENESIS MINING WEEK 5 DASH X11 STATS !!!
Upvoted and resteemed.
So many people think you can buy a $30 mining contract, never upgrade and continue to rake in payments. It doesn't work like that - even banks don't work like that.
If I put $30.00 in a savings or money market, I'm looking at a yearly APR between 0.01 % and 1.00%. At worst we'd be looking at $0.03 for the low end and $3.00 on the high end. Now tell me a mining contract wouldn't do better than that using the minimum contract purchase at Genesis!
Maybe not rake in payments, but get enough payment to make all of your principle back would be nice.
That said, I'm still waiting for Genesis to pay me for the whole month of July for the Dash contract I purchase when they reopened them at the end of June (bad timing of the 30 day credit card hold and the payment fiasco). The payments I'm missing is about 10% of the principle, so it's not just a pittance.
That is some tough luck. I just got a small Dash payment last night when I checked my wallet. I wonder how they delegate the payments?
Thanks For The Upvote And Resteem :) I Would Upgrade My DASH X11 Contracts Regularly But Genesis Are Out Of X11 Mining Contracts :(
Shows how much I've been paying attention to my contracts... Give it time, I'm sure they will upgrade soon enough.
I wish they had LTC contracts open again, myself!