Genesis Mining - about cloud - NOT profitable?


#1

Hello All,
Do you have some expirience about genesis mining?

I try and buy 5 years contract for 641 USD (hashpower is 2.25 TH/s for BTC) start 18.6.2018 and end will be 18.6.2023. I look about balance:

BTC mining BTC balance of 0.00006476 added to your account on 2018-06-21
BTC mining BTC balance of 0.00006506 added to your account on 2018-06-20
BTC mining BTC balance of 0.0000659 added to your account on 2018-06-19

So every day is lower and lower, and now if you calculate for 5 years so it´s only about 0,11 BTC!!!
not much…

Or Do you have another method with genesis how to profit better? eg. changing cryptocurrency? They offer to alocate to Zcash, Litecoin, Dash, Ethash or monero.

Thank you for advice.
John


#2

BTC mining BTC balance of 0.00006 added to your account on 2018-06-28
BTC mining BTC balance of 0.00006093 added to your account on 2018-06-27
BTC mining BTC balance of 0.00006123 added to your account on 2018-06-26
BTC mining BTC balance of 0.00005944 added to your account on 2018-06-25
BTC mining BTC balance of 0.0000603 added to your account on 2018-06-24
BTC mining BTC balance of 0.00006192 added to your account on 2018-06-23
BTC mining BTC balance of 0.00006557 added to your account on 2018-06-22
BTC mining BTC balance of 0.00006476 added to your account on 2018-06-21
BTC mining BTC balance of 0.00006506 added to your account on 2018-06-20
BTC mining BTC balance of 0.0000659 added to your account on 2018-06-19


#3

BTC mining BTC balance of 0.00005833 added to your account on 2018-07-09
BTC mining BTC balance of 0.00005748 added to your account on 2018-07-08
BTC mining BTC balance of 0.00005703 added to your account on 2018-07-07
BTC mining BTC balance of 0.00005732 added to your account on 2018-07-06
BTC mining BTC balance of 0.00005776 added to your account on 2018-07-05
BTC mining BTC balance of 0.00005812 added to your account on 2018-07-04
BTC mining BTC balance of 0.0000582 added to your account on 2018-07-03
BTC mining BTC balance of 0.00006172 added to your account on 2018-07-02
BTC mining BTC balance of 0.00006231 added to your account on 2018-07-01
BTC mining BTC balance of 0.00005905 added to your account on 2018-06-30
BTC mining BTC balance of 0.00005982 added to your account on 2018-06-29


#4

Genesis mining is a ripoff anymore. Better off buying BTC and then use nicehash to mine alts while everything is cheap and people are dropping of the mining game.


#5

Hello, ok. So now from 18.6.2018 total balance is 0,0033BTC