So there is a lot of people talking about that genesis mining is a scam or it is not worth it or that it's not as profitable as it looks like and I was curious where is the truth. So I created an accout and start minig Ethereum. From what I read it should get to a break even point in like 6 months or so, if my math was right. But after 2 months I've had almost 50% of my investment back. So it looks fine to me, but I would like to know what about Bitcoin minig, because it's open ended. Is there so much of a difference? I want to know about mining difficulty, and if it really closes your contract because over some time it becames not profitable? Is it really a case? If you are also interested in Genesis mining, please let my know.
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Thanks for reading and have a nice day!