Why ETH mining on Genesis might still be a good idea

in #cryptocurrency7 years ago

Many people who have invested in ETH mining power on Genesis mining have noticed how much there earnings have gone down recently due to the drop in price of ETH and how much the difficulty has gone up. I will be talking about why ETH mining still might be a good idea.

Genesis-Mining-Logo1.jpg

ETH will rise in value. ETH is still supposed to at least double what it is at right now by the end of the year, making mining it just as profitable as it used to be. It is just like holding the coin.

If ETH moves over to POS, its value will go up, and Genesis mining will move everyone's power to other currencies which might be more profitable. Whatever currencies they add might see a jump in price. Also the ETH you mined will be worth more, therefore making it worth while to mine.

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good post )

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