in #money3 years ago

Hello Fellow Steemians,


Last week's DASH price is $340 with a difficulty of 3501k, The current DASH price is $332 with a difficulty of 5520k.
A total increase of 5520k/3501k=%57 in difficulty and a total decrease of $340/$332=%2.4 in price !!!


So far my total investment was $58.1 at the time of purchasing the contract the equivalent of 0.317 DASH and i got 0.04650662/0.317 DASH which is %14.67 of my investment, meaning that with the current DASH price of $332 i made 0.04650662*$332=$15.44/$58.1=%26.5 :)


You might be wondering why i'm keeping track in both DASH and USD it's because to find out (after the ROI) wether it was better to hold or mine DASH with a %29 average monthly difficulty increase (calculated that in the first post) since i'm not going to sell until DASH hits $327 :)

So Best Of Luck With Your Mining, Resteem This Post If You Know Somebody Who Still Thinks Genesis Mining Is A Scam And Have A Good Day :)


I am just curious how much time has elapsed since you initially entered into the contract and how much time is left on the contract? Do you expect to get more DASH from the contract than than the 0.317 DASH you could've acquired on Day 1?

Currently I'm On Week 11 And Since 2 Years = 104 weeks I Still Have 104-11=93 Weeks To Go :)
And I Don't Think I Would Get My 0.317 DASH Back Unless A Major Crypto Crash Happens (Like 2013) And The Difficulty Decreases Significantly !!

Thanks for elaborating, nice work!

@Steemain thanks for the valuable info on genesis mining.Where can I find more stuff regarding the same.

i upvote and Reply for you and thank for the Upvote and Reply you too for me , followed right back @hadebrahim

Thanks for sharing the post!

You're Welcome, Thanks For Your Comment :)

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i upvote and Reply for you and thank for the Upvote and Reply you too for me , followed right back @hadebrahim