Genesis-Mining Profit

F

FerroBit

Hello,

I have a question:

How do Users make money on Genesis-Mining Platform?

Let's see:
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That's how much it costs the cheapest plan per month.
Now let's try to figure out How much will you earn?

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I set the power cost to be equal to the membership cost per month.

This gives us a negative profit per month.
So can anyone clear me out about this?
 
Is that plan on a per month basis? I thought they sold yearly contracts. In any case, I imagine that the customer has to guesstimate the trend of the coin to be mined; I believe they offer many other coins? It would be interesting to know for instance, if the user would be green when BTC is high (3k last month) or the trend on a yearly basis (you lose some months but gain others).

You could be better off buying into a different coin....imagine for instance a yearly contract of Ethereum last year.
 
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