Bitcoin Forum

I have got email notification from genesis mining Black Friday and Cyber Monday are right around the corner so I wanted to let you know that we will be doing a sale from 12:00AM UTC on Friday all the way through Cyber Monday (12:00AM UTC Tuesday). During the sale all Genesis Mining products will be 5% off!
How do you think? Is it still profitable or not, thanks.

No, it's cloud mining, won't be 5% discount that will make this kind of investment worth. Everything cloud minings offer there is a trick hidden, after you make your investment you discover it won't be so good as you imagined before.

In my opinion, it doesn't worth... Better to do any other useful thing with your money or just hold it.

If you wanna follow his promotion and it looks like you will ready for waste your money in there. There is no such profitable cloud mining until this time.
A lot of them was becoming the terrible investment place in the world of crypto.

Yup, making investment on there is very dangerous for right now, there are many statement from other users that it is not worth and my opinion more safe doesn't put the money on there.

Yes they are running this promotions and ~80 more hours are left to avail this offer on all their contracts. But this 5% discount will not help big to get you into profit zones quickly still you may need to wait for around 10 months for ROI. But, if 5% discount matters you and you are ready to wait for year long for ROI then you may go ahead.

No it will never as with increasing difficulty on bitcoin hashrate all cloud mining packages will turn out to be not efficient to even get back what you have invested in start. 5% may lower few weeks from payback period but even with this it may take more than year or two to recover your investment.

Thank you so much for all of your opinions and i will not make investment on genesis mining although they are offering discounts for 5%, and all of you are dissagree making investment on there.