In a different post, I made some predictions regarding the contract of genesis-mining, that were quite out-dated, but today I bring you a much tighter revision. For the calculations we will make some assumptions from the last 6 months of BTC:
Difficulty increase of 6.294285714% every 2 weeks
Increase in BTC price of $ 399.0714286 every 2 weeks
We will use the same contract as in the other post:
Hashrate: 24,200 GH/s.
Daily maintenance fee: $ 0.00028 / GHs = $ 6.776.
Price: $ 3,230.
If contracted today, the investment would be recovered in 3 months and a half (this is not possible since genesis-mining does not have new contracts available until March 2018).
1 year predictions
In the first year we would have mined 0.6879 BTC, which would be equivalent to $ 12,175.5230, or what is the same, a ROI of 376.9511%.
Until the end of the contract
The contract would last until October 2019, having been mined 0.7702 BTC, which would be equivalent to 20,700.3008 $, or what is the same, a ROI of 640.8761%.
Mining BTC vs BTC direct purchase
If we buy $ 3,230 in BTC today, November 25, 2017 (1 BTC = $ 8,630), we could buy 0.37427578 BTC.
For the mining contract it would be 0.77020485 BTC in 2019. We would be talking about obtaining 105% more BTC, that is, more than two times BTC.
If the post has been useful for you and you have thought about investing in genesis-mining, you can do it through this link.
During the purchase of the contract indicate this code
in the promotional code field once the payment method has been chosen. You must click on the “Validate” button before proceeding with the payment.
They will give you a 3% discount on the price of the contract and they will give me 2.5% of the power of hashing that you hire, it is a win-win for all 🙂
You can also donate if you want at the following addresses:
BTC => 1EWBLbga3ERF2zLc4VMmkquNktLGJemBwh
ETH => 0x05bf045da595b3c113a7cbdaf5c3703a4560309d
LTC => LRuqbS4ByGgTxo6cD8S5ezDoNGAVxnb3u8
DASH => Xgvp2kRFKtFctqVWE7gvY5o2fEd9C1JMj9
See you next time!