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Hey there Blackhatters! 
I don't know if any of you guys are familiar with Genesis-Mining.
It's basically THE best and most reliable cloud mining site out there to this date.
I'll be honest and say I was extremely sceptical about the site, and how it functions in the beginning, however as I'm now getting daily payments, - I'm quite frankly a happy man :biggrin:
So, Genesis Mining has setup quite a few HUGE warehouses all located on Iceland, from where they mine a variety of different coins. You can check their official Youtube channel right here:
https://www.youtube.com/channel/UCRLAk9bSfVyIOWoKQx6DHPQ/featured
This business has been running for close to 3 years now, and there are people earning LOADS of Bitcoins, Dashcoins, Litecoins etc. by cloud mining them.
- What genesis-mining offers are CONTRACTS, which means they will mine the coins FOR you, if you purchase hashpower.
The more hashpower you have for a given coin, the MORE you will earn obviously. Makes sense, right?
Some of you may argue that it's more profitable to mine on your own computers, however when using a service like this one, you don't have to worry about:
Electricity
Hardware
Excessive heat
Cooling
Maintenance
Shipping costs
etc. etc.
- Basically they take care of EVERYTHING for you, which is quite nice, and seeing daily payments coming in is very nice to watch each and every day.
This is the fun part, and everything depends on which coin you choose to mine. Most people mine Dashcoin as of right now, as it's the most profitable coin to mine as of right now, if you compare it's current price to it's difficulty of mining it.
You are looking at a 2 year ROI (Return on Investment) of about 350%. This is with the CURRENT price guys, meaning that if Dash doubles in price, your ROI doubles too!
This is an investment, which is very rewarding in the long run as you can upgrade your hashpower with the money you earn, (You can buy more contracts basically). Some of the contracts are sold out already, but Genesis is expanding everyday to keep up with it's customers.
I don't advice to buy a small contract, even though it's your own decision. I purchased a 500 MH/s contract for $2250.
This contract lasts for 2 years, and I'm earning around $75 weekly with todays Dash prices. It may sound like it will take forever to break even, however you have to understand that this is a long term investment, and that the price of Dash will go up a LOT within the next few years. I'm planning to upgrade my hashpower even more, up to at least a 1000 MH/s Which should yield me $7000 per year in income (which will be WAY MORE when the price of Dash rises).
You can calculate your daily earnings right here if you want to see an estimate of what you'll be earning: http://www.coinwarz.com/calculators/dash-mining-calculator/?h=1000&p=120.00&pc=&pf=0.00&d=123331.66092350&r=1.80147602&er=0.05722200&btcer=1196.64000000&hc=0.00
In conclusion, this is a great opportunity for anyone to create a daily income, that you can increase even more if you upgrade your hashpower regulary (with your earnings from the site, or your own money, your choice obviously.)
I did a LOT of research on Youtube mostly as I wanted to see payment proofs, earnings, and ROI calculations. I've seen a guy making close to 2 Dash DAILY, which is insane! He's been upgrading and using the site for more than a year, so he is way ahead of me, haha!
I'm pretty excited about all of this, so I really wanted to share it with all of you guys
One last thing. You can pay with either: Credit Card, Bitcoin, Dash, Litecoin, And Doge. If you choose a credit card, you will have to wait 30 days to recieve your earnings. This is to protect themselves from fraud, chargebacks, and stolen cards.
If you pay with a credit card, you will see your daily earnings under: My Orders in the sidebar, when logged in.
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I hope you guys liked this tutorial/guide
. If you have any questions, then feel free to ask me!
I don't know if any of you guys are familiar with Genesis-Mining.
It's basically THE best and most reliable cloud mining site out there to this date.
I'll be honest and say I was extremely sceptical about the site, and how it functions in the beginning, however as I'm now getting daily payments, - I'm quite frankly a happy man :biggrin:
So How Does It Work?
So, Genesis Mining has setup quite a few HUGE warehouses all located on Iceland, from where they mine a variety of different coins. You can check their official Youtube channel right here:
https://www.youtube.com/channel/UCRLAk9bSfVyIOWoKQx6DHPQ/featured
This business has been running for close to 3 years now, and there are people earning LOADS of Bitcoins, Dashcoins, Litecoins etc. by cloud mining them.
- What genesis-mining offers are CONTRACTS, which means they will mine the coins FOR you, if you purchase hashpower.
The more hashpower you have for a given coin, the MORE you will earn obviously. Makes sense, right?
Benefits VS Mining On Your Own
Some of you may argue that it's more profitable to mine on your own computers, however when using a service like this one, you don't have to worry about:
Electricity
Hardware
Excessive heat
Cooling
Maintenance
Shipping costs
etc. etc.
- Basically they take care of EVERYTHING for you, which is quite nice, and seeing daily payments coming in is very nice to watch each and every day.
So How Much Does It Cost, And How Much Do I Earn?
This is the fun part, and everything depends on which coin you choose to mine. Most people mine Dashcoin as of right now, as it's the most profitable coin to mine as of right now, if you compare it's current price to it's difficulty of mining it.
You are looking at a 2 year ROI (Return on Investment) of about 350%. This is with the CURRENT price guys, meaning that if Dash doubles in price, your ROI doubles too!
This is an investment, which is very rewarding in the long run as you can upgrade your hashpower with the money you earn, (You can buy more contracts basically). Some of the contracts are sold out already, but Genesis is expanding everyday to keep up with it's customers.
I don't advice to buy a small contract, even though it's your own decision. I purchased a 500 MH/s contract for $2250.
This contract lasts for 2 years, and I'm earning around $75 weekly with todays Dash prices. It may sound like it will take forever to break even, however you have to understand that this is a long term investment, and that the price of Dash will go up a LOT within the next few years. I'm planning to upgrade my hashpower even more, up to at least a 1000 MH/s Which should yield me $7000 per year in income (which will be WAY MORE when the price of Dash rises).
You can calculate your daily earnings right here if you want to see an estimate of what you'll be earning: http://www.coinwarz.com/calculators/dash-mining-calculator/?h=1000&p=120.00&pc=&pf=0.00&d=123331.66092350&r=1.80147602&er=0.05722200&btcer=1196.64000000&hc=0.00
Last Few Things To Mention + Discount
In conclusion, this is a great opportunity for anyone to create a daily income, that you can increase even more if you upgrade your hashpower regulary (with your earnings from the site, or your own money, your choice obviously.)
I did a LOT of research on Youtube mostly as I wanted to see payment proofs, earnings, and ROI calculations. I've seen a guy making close to 2 Dash DAILY, which is insane! He's been upgrading and using the site for more than a year, so he is way ahead of me, haha!
I'm pretty excited about all of this, so I really wanted to share it with all of you guys
One last thing. You can pay with either: Credit Card, Bitcoin, Dash, Litecoin, And Doge. If you choose a credit card, you will have to wait 30 days to recieve your earnings. This is to protect themselves from fraud, chargebacks, and stolen cards.
If you pay with a credit card, you will see your daily earnings under: My Orders in the sidebar, when logged in.
Some of my recent earnings:
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I hope you guys liked this tutorial/guide
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