Is Cloud Mining Actually Profitable (Genesis Mining review)?
bitcoin·@brunnernathan·
0.000 HBDIs Cloud Mining Actually Profitable (Genesis Mining review)?
 I have been cloud mining for the last 2 years with [Genesis Mining](https://www.genesis-mining.com/a/1022672). This article is a recapitulation of how much money I made using this cloud mining service. Note that investing in cloud mining is a risky operation, **this is why I recommend you to read my blog post: [Cloud mining : what are the risks and how to minimize them?](http://www.cryptocurrency-mining.net/2017/07/cloud-mining-what-are-the-risks.html).** # Comparison table of Genesis Mining Contracts The following table is a comparison of the mining contracts provided by [Genesis Mining](https://www.genesis-mining.com/a/1022672). _| Bitcoin | Ethereum | Litecoin| Monero ------------ | ------------ | ------------- | ------------- | ------------- Investment | $800| $200| $100| $100 Return in 2 year* | $1104| $424| $194| $90 Yield | 138%| 212%| 194%| 95% **2 years is the contract-period for Ethereum, Litecoin and Monero.* # Conclusion An investment two years ago turned out to be a good operation. This is important to note that investing in cloud mining right now is probably not as good as it used to be. If you still want to buy a [Genesis mining service](https://www.genesis-mining.com/a/1022672), you can get a 3% off if you use my promo-code: OebC5f (I will get a percentage of what you buy). <center>*Image credit: Tiger Pixel, duplicate article: [Cloud mining: a case study](http://www.cryptocurrency-mining.net/2017/08/cloud-mining-case-study.html)*</center>