I'm new to the steemit community, and cryptocurrency community but I just purchased 2.5TH of mining bitcoin contract for $350 dollars. Hashing24 for 2.5TH is $497. I know that Hashing24 prices have been rising due to the rise of bitcoin, but I always thought Hashing24 was cheaper than genesis mining. Is there any difference in performance in the two or is genesis mining going to make up the difference in maintenance fees? Is there any special that I need to know more about Hashing24 vs Genesis-mining?
The price difference is insane. I bought 114 TH/s at Genesis two weeks ago for less than 15K USD. The same amount at Hashing24 would cost 25 K !! I am aware of their quality level, however I'm not sure it justifies the increased contract cost that will clearly eat up any of your profits.