The ETH Large Mining Contract offered by Genesis Mining runs for 12 months and 24 months, respectively. The 12 months runtime goes for $4,989, and it gives a hash rate of 236MH/s. While the 24 months runtime for this contract is priced at $4,994, it provides a hash rate of 223MH/s.
The ETH Large Mining Contract is targeted at more experienced Ethereum miners enabling them to mine on a large scale without interruptions, hence maximizing mining profits.
Genesis Mining also guarantees the profits gotten from this contract should Ethereum switch to Proof-Of-Stake (POS) mechanism before the end of the contract term by using their user’s hash rate in mining other well profitable cryptocurrencies.
Genesis Mining charges no maintenance fee for the whole duration of the ETH Large Mining Contract, as users will receive their full mining returns without any fee deducted. The only fee users are expected to pay for this contract is the contract cost, as Genesis Mining does not charge any other payment.
The auto-mining allocation feature in Genesis Mining also enables users to receive payouts in Bitcoin, Zcash, and other popular cryptocurrencies.
The ETH Large Mining Contract is paid for one-time for the entire contract duration as Genesis Mining does not charge on a monthly subscription system.
The benefits of BTC Contracts
There’s no involvement of any third party when it comes to BTC contracts. Users get the chance to block out any middleman completely. Those with BTC Contracts have easy access to Bitcoin credit. Thanks to using this mode of transaction, getting credit becomes easier. With quick payment and commerce, these contracts are the best thing to have in the online world.
There’s no need to keep changing currency with each country for those who get to travel a lot. BTC Contracts help users make payments in any country as long as the network’s cost is possible. You don’t have to keep on changing your currency to the country of stay.
There’s a sense of individual ownership when it comes to these contracts. With over 1200 crypto coins, you get a sense of belonging. These coins are with you wherever you go. There’s no third party to take control of your wallet.