Nice, I've just started watching a few videos on Youtube about genesis mining.

What I'm worried now is that what happens if the level of difficulty of mining ETH goes up drastically and the price of ETH goes down ? I'll be doomed lol

what price point for btc  long position re-entry ?

Don't tell me its gonna hit low 2600 T_T

Just bought 40 ETH... Hopefully it can go up in these couple of days

cloud mining is not profitable, there is element u call scam/fraud. they can walk away.

u pay your own hardware, trust nobody.

Not 1st time cloud mining is doing such.

Just bought 40 ETH... Hopefully it can go up in these couple of days

Just bought 40 ETH... Hopefully it can go up in these couple of days

This is the investment risk you have to take.

Can't run away from that.

Anyway to answer your question if you opt for the 30MH/s package,
you will get approximately 0.02 ETH tokens per day at current difficulty level.

Feel free to use the mining profitability calculator at CryptoCompare.

u sai lang ah???

Just bought 40 ETH... Hopefully it can go up in these couple of days

do I need to be of concern storing all my ETH in MEW?

I am starting to dread if one day MEW shuts down and along with it my ETH disappears

WooTz

yeah sailang... sold some crappy coin that dropped a lot, thinking to just make 10% profit and shift back to my usual cryptos

what price point for btc  long position re-entry ?

Don't tell me its gonna hit low 2600 T_T

Story time folks.

Last year January in 2016, a few things happened.

We had a contentious scaling event with Bitcoin, Bitcoin Classic was among one of the solution to address it.

I poured money setting up Classic full nodes, and looked at genesis mining, they mentioned they'll support Bitcoin classic!

I was like great! Let me buy some hashpower to help!

Deposited 0.8 BTC with full intention of not seeing anything back. Then at feb 2016 they 180 degrees on Classic and that was that.

The daily payout only lasted 4 months, and no, forget about getting half of my coins back.

It was like 0.001......0.00001.......0.00000001......then nothing

Poof, bye bye 0.8 BTC

Then I diversified some money, like US$4000 into bnktothefuture, their plan very straightforward.

1/3 goes to cloud mining (haha reality haven't hit back then)

1/3 goes to hodling Bitcoin

1/3 goes to buying up a bunch of Bitcoin related companies

Same story, 0.0001.....0.00001......0.000001 and poof

Only Bitcoin core holding and some shares went up big time, barely covering that $390,000 fcuk up
Any more questions?

Nice, one final question mate. Presuming i sign up for the Custom Plan, it's still a 2 Year contract right ?

Thanks for sharing. Don't think going to involve in cloud mining then.

Bitcoin related companies? Means?

40x380 ( average price ) = 15200 x 10%?

not bad wor, usd1500 right