I tried hashnest.com in the middle of this month, and I earned 0.02btc. Now I've quit from it since I don't have much time to watch the price.
So my suggestion: if you want to try cloud mining, you need to have time to watch the price because you need to do fast action due to the price changes.
You earn if you do the right action, lose if you just leave it there.
Topic: How much do i need to invest? (Read 1047 times)
If I were you don't try to invest in cloud mining sites because most of them will turn to scam in the long run even if they we're saying that they are legit don't trust easily.
if I get a lot of results surely I would invest half of my income.
advised half for other needs: eating, snack, walk way and the other two.
advised half for other needs: eating, snack, walk way and the other two.
I am new to mining. How much do i need to invest in genesis mining to generate 1500-2000 USD per month mining altcoins like ethereum or dash?
Too many people here are suggesting cloud mining with genesis mining because it's legit? Uhmm. Let me remind you. Scrypt.cc, HashOcean, and thousands of other smaller cloud mining sites.
1500-2000$ per day. With that, you will have a really good mining power if you invest in a cloud mining site. Why would you invest in a cloud mining site if you can buy your own rig? I personally wouldn't say anything about how much do you need to invest because, first, you didn't mention where are you from. We don't know how much electricity costs in your place and if mining rigs are easy to buy in your place.
1500-2000$ per day. With that, you will have a really good mining power if you invest in a cloud mining site. Why would you invest in a cloud mining site if you can buy your own rig? I personally wouldn't say anything about how much do you need to invest because, first, you didn't mention where are you from. We don't know how much electricity costs in your place and if mining rigs are easy to buy in your place.
I am new to mining. How much do i need to invest in genesis mining to generate 1500-2000 USD per month mining altcoins like ethereum or dash?
Well I can say that many are saying that genesis mining is a legit cloud mining site. We already heard that for so many times.
And I would say that don't get into it anymore we don't know when it is going to collapse or will surprise us.
If you want to mine alt coins, it's going to be costly for you and don't hope that you'll earn that big monthly.
Don't believe in their calculation, you will never get daily profit like they claim because mining difficulty is increasing everyday so you can't earn constant earning for lifetime with the same mining contract.
Your contract may even expire before you get any profit over your investment. If you like to get your investment/money locked in their wallets than you can happily do it but you will not get profit for many years.
Your contract may even expire before you get any profit over your investment. If you like to get your investment/money locked in their wallets than you can happily do it but you will not get profit for many years.
I am new to mining. How much do i need to invest in genesis mining to generate 1500-2000 USD per month mining altcoins like ethereum or dash?
So here I will suggest not to go for mining , but if you have free electricity then try it to get some better profit .
If you want to invest in the cliudmining sites then first of all calculate the profit of the investment that will return in how much time .
Lol. Free electricity seems to be unrealistic, low electricity rate should have been said. Anyways, Everyone is right. OP shouldn't invest in any cloud
mining sites because it is better to just gamble your bitcoins honestly, Almost all of them are scams better try something that is less riskier especially
when you're a newbie in crytocurrencies. As for hardware mining, If your place got some low electricity rates, you have the money to buy mining rigs
and is willing to learn then maybe its worth giving a shot although I would suggest you to do it when youre already familiar with crytocurrencies
especially bitcoin.
For me, you don't need as much as big amount of bitcoin to invest. Even in a small amount of bitcoin, you can already used it as investment, just take it slowly. And if you want to gain a big and easy profit then you must invest more bitcoin, because the bigger investment you give, the more and big profit you can get. But it will depend on you, on how big amount of bitcoin you want to invest
I am new to mining. How much do i need to invest in genesis mining to generate 1500-2000 USD per month mining altcoins like ethereum or dash?
So here I will suggest not to go for mining , but if you have free electricity then try it to get some better profit .
If you want to invest in the cliudmining sites then first of all calculate the profit of the investment that will return in how much time .
Cloud mining is hardly profitable. Most of the sites are scams based on ponzi schemes. The few legit ones have very little profitability and ROI´s will come after a very long period of time. If inexperienced I would stay away from cloud mining as the odds are against you.
You this site to compare your mining investments: https://www.cryptocompare.com/mining/genesis-mining/ethereum-mining-contract-1-year-small/
Note: Genesis mining is a legit cloud mining company, but you will get ROI after ~300 days no matter how high your contract will be, are you ready for that, op?
Note: Genesis mining is a legit cloud mining company, but you will get ROI after ~300 days no matter how high your contract will be, are you ready for that, op?
Man let's be real here. And you know what? Its too good to be true if you want to generate that amount of profit monthly. Don't ever try to go with any cloud mining sites or else you will regret it. And if you want to mine alt coins go for real mining but you should consider the amount of consumption of your electricity in your country is expensive , go with trading.
I am new to mining. How much do i need to invest in genesis mining to generate 1500-2000 USD per month mining altcoins like ethereum or dash?
Since you are new its better to read this thread https://bitcointalksearch.org/topic/genesis-mining-review-768281 first so that you can get an idea on how genisis-mining works for now and you could get some feedbacks among those people who tested this site as of now. And simple piece of advise came from me don't look for cloudmining investment for now since it is dead business and many of them are just scam. Better if you focus on crypto tradings and im pretty sure that you could earn their decently.
I am new to mining. How much do i need to invest in genesis mining to generate 1500-2000 USD per month mining altcoins like ethereum or dash?
I suggest you not to try cloud mining and investing in mining genesis. you better buy some mining hardware to be installed in the home. because it is more reliable and safe from fraudulent behavior mining cloud. many people feel cheated and it is action that is not good.Genesis mining is not cheating but rather than it takes forever to pass your investment's ROI.
I am new to mining. How much do i need to invest in genesis mining to generate 1500-2000 USD per month mining altcoins like ethereum or dash?
is bad if you want investment in cloudmining until reach return and profit 1500 - 2000 dollar/month
you need big money if invest in cloud mining, and high risk, because majority reach 90% only ponzi scheme
I am new to mining. How much do i need to invest in genesis mining to generate 1500-2000 USD per month mining altcoins like ethereum or dash?
is bad if you want investment in cloudmining until reach return and profit 1500 - 2000 dollar/month
you need big money if invest in cloud mining, and high risk, because majority reach 90% only ponzi scheme
I am new to mining. How much do i need to invest in genesis mining to generate 1500-2000 USD per month mining altcoins like ethereum or dash?
Terrible choice, if you need to generate 1500-2000 USD per month invest in casino bankroll.
Profit rate is undefined, but it can reach to 9% profit in a week. With some thousands of dollars invested you can earn a decent income... Split among some trusted casinos is the best to do, if you have much money to invest you will have much profit and the best part is that you can withdraw it anytime!
I would not suggest you to do any kind of cloud minining, they are a scam. Recently when I decided to try for fun. I typed free mining site for Bitcoin, the first one I clicked they asked me to download some software and before I could stop it. There was heavy virus in my pc. There have been many instances of cloud mining scam. Would suggest you to refrain from falling for such schemes. There are better opportunities than this.
I am new to mining. How much do i need to invest in genesis mining to generate 1500-2000 USD per month mining altcoins like ethereum or dash?
Try to mine with real mining hardwares in your home if you have cheap electricity. But if you don't have cheap electricity mining bitcoin or any altcoins is not profitable.
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