Today, I invested my money (69USD) into Bitcoin Cloud Mining.This blog will be a place to keep track of my profit or loss for people to consider!Will it earn money?Will the return of my investment be good?(We will let the results talk).
I chose
Genesis Mining as I did some research, it has been around for a few years giving some people a good
ROI(Return of investment).
There are 2 different plan in Genesis Mining.
Lifetime Bitcoin Mining
(they claim that this plan will last for ever)
1 year Ether Mining
(only last 1 year but higher profit)
In logic, since it will last a life time, i will definitely profit at the end.Yes? No?I did my research.Some comments were, the
profit will slow down as some reasons are:
- Paying electricity bill
- Maintenance bill
- Fluctuation of Bit coin currency price
Well this blog will serve as evidence how well this will work out.
When checking out I had a 3% discount by using a promo code .Later did I realize it works something like a referral but benefit both side.I will not hide it from my viewers:
Feel free to use my promo code: : mah13r and drop me a mail!(Maybe I will give you some bitcoin in exchange!)
After buying the contract, Genesis Mining allows the user to allocate what we want to mine.Below shows the list
I assigned all to BTC. Genesis Mining gives payout daily(Believe it or not).
Let me be the guinea pig!