Revision for genesis-mining BTC contracts since January 3, 2018. For the calculations we will make some assumptions from june 2017 till today:
Difficulty increase of 7.47% every 2 weeks
Increase in BTC price of $734.47 every 2 weeks
BTC price of $15,000
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 3 months (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 0.4529 BTC, which would be equivalent to $14,567.9943, or what is the same, a ROI of 451.02%.
Until the end of the contract
The contract would last until September 2019, having been mined 0.4816 BTC, which would be equivalent to $21,506.6340, or what is the same, a ROI of 665.84%.
Mining BTC vs BTC direct purchase
If we buy $3,230 in BTC on January 3, 2018 (1 BTC = $15,000), we could buy 0.21533333 BTC.
For the mining contract it would be 0.48169565 BTC in 2019. We would be talking about obtaining 123,69% 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 🙂
See you next time!