Revision for genesis-mining BTC contracts since December 6, 2017. For the calculations we will make some assumptions from june 2017 till today:
Difficulty increase of 7.082% every 2 weeks
Increase in BTC price of $812.4 every 2 weeks
BTC price of $14,700
We will use the same contract as in other posts:
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 1 month 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 0.6207 BTC, which would be equivalent to $22,739.2490, or what is the same, a ROI of 704.0015%.
Until the end of the contract
The contract would last until December 2019, having been mined 0.6708 BTC, which would be equivalent to $37,111.0574, or what is the same, a ROI of 1148.9491%.
Mining BTC vs BTC direct purchase
If we buy $3,230 in BTC today, December 7, 2017 (1 BTC = $14,700), we could buy 0.21972789 BTC.
For the mining contract it would be 0.67084341 BTC in 2019. We would be talking about obtaining 205% more 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!