Genesis Mining - 14 Days

BTC

Initially I had invested $300. This is the first 14 days of my investment while it has not been paid out into my account yet (due to company policy on credit cards) you can start to establish a trend.

14 day total comes out to 0.00749819 BTC ($9.04). 

This comes down to 0.000535585 BTC a day ($.65). 

ROI for this will be 462 days. 

It is important to note that all of the SHA265 contracts with Genesis Mining are "forever contracts" they subtract a cost for electricity and maintenance from your pay and if the outcome is ever 0 or a negative number your contract terminates immediately 

Ethereum

Initially I invested $30. This is the first 14 days of my investment. It is important to note that the minnimum payout for ETH is 0.05 So I have yet to receive a payment from Genesis Mining and you can expect an update after the first payment.

12.04.2017   ETH   0.00173062 i

11.04.2017   ETH   0.00168325 i

10.04.2017   ETH   0.00166902 i

09.04.2017   ETH   0.00168151 i

08.04.2017   ETH   0.00172935 i

07.04.2017   ETH   0.00175158 i

06.04.2017   ETH   0.00176797 i

05.04.2017   ETH   0.00171812 i

04.04.2017   ETH   0.00176623 i

03.04.2017   ETH   0.00178725 i

02.04.2017   ETH   0.00183080 i

01.04.2017   ETH   0.00175657 i

31.03.2017   ETH   0.00181502 i

30.03.2017   ETH   0.00181289 i

14 day total comes out to 0.02450018 ETH ($1.24). 

This comes down to 0.00175001 ETH a day ($.088). 

ROI for this will be 340 days. 

It is important to note ETH contracts are purchased for 2 year periods. Additionally ETH has a natural risk because they will be converting to proof of stake vs proof of work in the future. Investing here is is significantly more risky than the other options.

DASH

Initially I invested $60. If DASH has a payout it is below my current gain per day. I have received every listed amount into my wallet without any delay.

12.04.2017   DASH   0.00317478 i

11.04.2017   DASH   0.00353486 i

10.04.2017   DASH   0.00286740 i

09.04.2017   DASH   0.00266440 i

08.04.2017   DASH   0.00308846 i

07.04.2017   DASH   0.00308846 i

06.04.2017   DASH   0.00250965 i

05.04.2017   DASH   0.00319211 i

04.04.2017   DASH   0.00336598 i

03.04.2017   DASH   0.00309942 i

02.04.2017   DASH   0.00320633 i

01.04.2017   DASH   0.00400897 i

31.03.2017   DASH   0.00355901 i

30.03.2017   DASH   0.00329630 i

14 day total comes out to 0.04465613 DASH ($3.38). 

This comes down to 0.00318972 DASH a day ($.241). 

ROI for this will be 250 days. 

It is important to note DASH contracts are for 2 years when bought. There has been a recent price surge in DASH price and it is possible for a massive difficulty raise in the coming weeks.

Conclusion, Concerns and Recomendations

     It is my personal opinion that the best options featured here is DASH. BTC should be invested in if you believe in the currency and its future growth. ETH should be avoided because it will be a losing investment the moment they change from proof of work to proof of stake.

     The future of ETH will go away from mining and into proof of stake this will be followed by a massive increase in difficulty that makes mining unprofitable so your contract will be pointless when this happens. 

     DASH should pay itself back quickly and allow for extra income in under a year. If the price and difficulty increase together over the term of the contract (730 days) I should make $175 for a profit of $115. My current plan is to roll the first $30 I make from this contract directly back into another 2 year contract and keep folding this money.

     BTC is the actual gamble here at 462 days till ROI anything could happen. This contract was bought while BTC value was in the $900 range at the time of writing this article it is now at the $1100 range. This increase has been visible in my payments and will be shown in a later article. Personally, I believe in the currency and that its value will always be greater than the difficulty to mine it so this contract will last for many years to come being the most profitable. However, I could wake up tomorrow and see that it has been terminated due to a slump in price and an increase in difficulty.

     In conclusion DASH is the safe route BTC is the long term and hopeful route ETH is the one that should be avoided.

     All of these investments have possible risks associated with them and any investment is not an action that should be taken lightly. All information here is not legal or financial advice.

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Notes:

For ETH and DASH I have copy pasted the numbers from my "payout" tab on Genesis Mining so I could remove my payment address and this allows me to clean up the data for presentation. If there is any question or concern about this data I can and will post screen caps of the information.