Genesis Mining to End all Unprofitable Contracts
Now there are some benefits and a lot of non-benefits to this Radiant Contracts. The benefits being obvious the low Maintenance fees while I feel the price of the Contract is way Expensive. If you Buy 1Th/s of BTC Radiant Contract it will cost you 285 USD.
As you can see above if I want to upgrade my existing contract then it will cost me 180 USD, which I think is still Expensive.
Frankly speaking, Cloud Mining is almost at it's Death Bed as contracts are getting pricier and Payouts getting lower and lower. If you still want to pursue Cloud Mining I do have an alternative option which is providing way better prices than Genesis. Don't worry it's a legit Company and I will write about that in my next post.
If you want to read the Official Statement from Genesis Mining than Click Here
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