As someone who recently lost $40,000 on a "traditional" business (restaurant) this past year, Genesis Mining gave me a new perspective. As of the time of this writing, the monthly profit on the most expensive contract, 500 MHs @ $14000 ($13,580) generates $2140 in profits which comes out to breakeven in a little over 6 months. However the mining calculator assumes today's prices ($270). If I hold them and trade them when they are higher, say $380, the profit would be $3013 which is 4.5 months. Once I recoup my original investment, starting the 5th month I can re-invest all or a portion of the proceeds into more hashpower or into mining another currency. I don't see anything going wrong here as long as the crypto currency market especially ethereum does not crash. And I believe crytocurrencies and especially ethereum are here to stay. So Genesis Mining is a no-brainer and I wish I had learned about this before "investing" $40,000 into a traditional business.
RE: Genesis Mining Review: My 7 Months of Mining