Hi guys, I found a very interesting post on /r/cryptocurrency about Genesis Mining. 
#### Some dude did the math and he got the results that everyone should know about - you will loose money because of the difficulty increase.
####
http://cdn.shopify.com/s/files/1/1026/4547/files/Scam-Alert.png?6231161217259954441
Allow me to quote:
> Based on the virtues of linearity, if you're earning $9.54/day on day 1 and $0/day on day $280. Thus you're earning an average $4.77/day over 280 days for a total of $1,335.60, which is a net loss of $839.40 or a return of -38.6% on your initial $2,175.

The full post with the math:
#### https://www.reddit.com/r/CryptoCurrency/comments/6mtdok/hopefully_extensive_genesis_mining_math_looking/
####
Remember guys, genesis mining is only profitable for guys like @craig-grant, who spams the whole internet with their referrals. They are literally making money on your loses. Don't follow them. And don't do any cloud mining.

Good luck!

PS. Sorry for the "steemit" tag but I see many guys here advertising this scam.