Sure. Here's the simplest I can put it. I've mined for 4 years. When Ether was at $10, I threw $1,000 into Genesis mining for Ether. Today it's worth about $12,000. If I had just bought Ether at $10 with $1,000 I'd have 100 coins which would be worth $32,000. That's a fact. They're a terrible business even though yes they do exist.
I am not saying they are good. I am only saying that what you said does not prove that they suck.
Can you please tell us how much did you pay and how much payouts did you earn?But that does not make Genesis-Mining suck, @queeneleanor. What you said only means that investing in buying ETH was a better option.
Did you real what I wrote? I literally said exactly what I paid and exactly what I earned. Genesis mining does suck....I've moved on from Genesis and onto Gigawatt..much better
So you have made 12x your initial investment in 4 years. Do you call that a bad business? !
The fact that you could have made more by buying ETH does not make it bad.
I think we have different ideas of what a good investment. It's obvious there are 2 choices, invest with genesis, or just buy the coin. Buying the coin is better than mining with genesis, so yes I would call it a bad investment compared to the other choice
Sure. Here's the simplest I can put it. I've mined for 4 years. When Ether was at $10, I threw $1,000 into Genesis mining for Ether. Today it's worth about $12,000. If I had just bought Ether at $10 with $1,000 I'd have 100 coins which would be worth $32,000. That's a fact. They're a terrible business even though yes they do exist.
I am not saying they are good. I am only saying that what you said does not prove that they suck.
Can you please tell us how much did you pay and how much payouts did you earn?But that does not make Genesis-Mining suck, @queeneleanor. What you said only means that investing in buying ETH was a better option.
Did you real what I wrote? I literally said exactly what I paid and exactly what I earned. Genesis mining does suck....I've moved on from Genesis and onto Gigawatt..much better
Sorry, I didn't get it at first.
So you have made 12x your initial investment in 4 years. Do you call that a bad business? !
The fact that you could have made more by buying ETH does not make it bad.
I think we have different ideas of what a good investment. It's obvious there are 2 choices, invest with genesis, or just buy the coin. Buying the coin is better than mining with genesis, so yes I would call it a bad investment compared to the other choice
Ok. I agree with that.