There are lots of Bitcoin mining rigs available, and each of them takes a different amount of time to earn your initial money back (break even). Because the profitability changes so much each month, due to things like difficulty and the price of Bitcoin, you'll normally have to work out profitability yourself.
Tools to work out profitability
There are lots of to...
In August 2017 & early September, there have been lots of articles posted about the Antminer D3 being a great invesment - as it paid back its cost within as little as 20 days.
Approaching the end of September onwards, this profitability has been decreasing rapidly - and may continue to do so, so we thought we'd post a guide explaining the rapidly changing situation.
Back on the 4th September 2017, China's central bank released a notice that ICO's (Initial Coin Offerings) were officially banned in China.
We posted a guide about some potential short-term trade opportunities caused by this, see that guide here.
This guide will explain what might happen i...
We posted a guide a few days ago on Genesis Mining profitability for September, and in this we assumed that each time Bitcoin mining difficulty doubles - the value of it also doubles. This guide explains why.
This guide gives the current profitability of all cloud mining contracts on Genesis Mining. We aim to post an update every month as profitability changes. There's been a 20-25% drop in most cryptocurrencies since the start of September, so we felt now was a good time to give these numbers.
Genesis Mining contracts are all priced differently, where Bitcoin contracts start at $30 - wher...
There are lots of ways to invest in Bitcoin, ranging from just owning it to things like mining/trading. This is a quick guide on how to get started on each of these, this is based around Bitcoin - but applies to all cryptocurrencies. It's a good idea to own around 10 different cryptocurrencies, we'll write a guide on this in the future.
Often investors will only put money in one thing, fo...
This guide is based around Bitcoin, but applies to most other cryptocurrencies too!
When you first hear about Bitcoin, you'll probably see lots of talk about Bitcoin wallets. Terms like online wallets, hardware wallets, maybe even paper wallets. This is a quick guide to explain what these all are, and what you should do to start!
Read this bit if you don't know what an ICO or an IPO is:
If you're not sure what shares are, or maybe you've heard of them but never bought one, this quick intro is for you!
So most big companies like Apple and Google are publically traded. This means that they sell a percentage of their company to the public in exchange for money. Large companies will issue millio...
Yesterday, China's central bank released a notice that ICO's (Initial Coin Offerings) were officially banned in China.
The immediate effect of this was a drop in the price of many crypt...
Our guides will always be free. But some of our tools, like our Portfolio Monitor, are a lot of work to run! If you want to support us, consider using some of the affiliate links above. :)
Never invest money you can't afford to lose.
All information on this website is for general informational purposes only, it is not intended to provide legal or financial advice. We encourage you to consult your own legal & financial advisors before making any cryptocurrency-related purchase.