Scrypt Cloud Mining
Genesis Mining offers 24 months Scrypt cloud mining contracts. The cloud mining contracts have no maintenance fee. Litecoin is the most famous cryptocurrency to use the Scrypt algorithm.
Scrypt Cloud Mining ROI
Genesis Mining ROI for the Scrypt cloud mining contracts was calculated in June 2017 last time. The reason it was such long time ago is that the contracts are sold out and our contracts are very old at the moment. However, in June 2017 the break-even time was 196 days on our contracts which was great.
Scrypt Promo Code
We always has a valid promo code for all Genesis Mining contracts, including Scrypt cloud mining. The promo code is "allcloud" for 3% discount.
Scrypt is a quicker and more simple algorithm than SHA 256. Scrypt is much easier to run on an already-existing CPU In addition, it tends to use up less energy than using SHA-256. In comparison to SHA-256, Scrypt's hash rates for successful coin mining generally range in the kilohashes per second (KH/s) or megahashes per second (MH/s). This can be achieved with regular computers without the need of ASICs or other hardware.