Tuesday July 25, 2017

Total BTC mined: 0.0
Total BTC mined USD: $0.00 (based on current exchange rate)
Total Spent: $1891.50
Remaining to break even: $1891.50
ROI: 0.0

This is getting quite worrisome. We’re five days into my mining contract with Genesis and I don’t have a single Satoshi to show for it. I know that Genesis Mining has had some problems with their dashboard but those were to have been corrected yesterday.

Not going to lie, waking up and seeing BTC drop below $2600 (currently $2581) and not seeing any activity on my mining contract has been really frustrating. I know when it comes to BTC that the volatility is to be expected and that’s why I haven’t dumped every dollar of my savings into the currency.

Speaking of volatility, the exchanges are pretty red right now but that’s a good thing for some potential dip buys on different coins. Ethereum is down roughly 10% and Litecoin is down roughly 5% but I’m also looking at DGB which has been raided for short term profits over the last few days while Dash and ZEC are down as well but not enough to represent a solid buying opportunity.

All of my BTC loans on Poloniex ended so I consolidated it into one giant loan with 10% of my remaining funds going to the exchange to hopefully make some value buys. Update, did buy DGB at 672 Satoshi … let’s see what happens.

Today’s picture comes to us from Tom Hall