so it would take about a year to roi currently assuming difficulty does not go up. That is not bad at all. Can you sell mining contracts as they are lifetime on genesis?
you can only sell them to other people not over genesis
but look at mining like this I do only use money you are able to loose no one knows exactly what is going to happen with the btc price their is a point even gensis has to shut down and for them it is when it falls under 150 per btc
Like selling the account they are tied to. That is a good point being there is no reason for them to honor life time contracts when they just lose money.
yes but they are upfront about it so its a liftime contract in the lifespan of btc but I actually belive this will be a good your for btc mainstream etc
Ok that makes it less sketchy because they are up front about it. I can see that it would be good if btc blows up. Does genesis take a fee to cover power and such or is it just upfront cost and nothing else.
