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Topic: Are genesis and hashflare trustable? - page 2. (Read 1572 times)

copper member
Activity: 2142
Merit: 1305
Limited in number. Limitless in potential.
June 14, 2017, 03:03:24 AM
#10
As far as I know, these websites run for a long time, I know exactly the years/months is, and there are many users also who get in there but most of them I dunno if they get their ROI almost already it takes a year or even more than a year. So all I can say is its a waste of time and money if you want to invest there. I will prefer what above this post said, investing altcoins is much better than cloud minings.
hero member
Activity: 812
Merit: 509
June 14, 2017, 02:10:38 AM
#9
Are genesis and hashflare trustable?
How made it untill at least break even?
I have already bougth 1TH in both cloud mining websites! So far made arround 9 dollar after 10 days in each! So 18 in total!

Mate you should have really done your research before you invested anything into these sites. Right now it's too late asking any questions as it won't help with your existing deposits but i guess it could save you on future losses.

Genesis mining is well known, and probably the most legit cloud mining site out there. They have a youtube channel with thousands of subscribers(not sure real or partially bought), showcasing their mining rigs on a monthly basis. However, they are known to have ridiculous fees which can eat up your profits, and in the end most people don't ever get their ROI back.

Hashflare is questionable. Although it's been around for a long time as well you can tell from the design it looks like a scam site. I have no conclusive proof but it's gut feelings. Company is based in Estonia which means if they go scam there is no way you'll track them down realistically.

I suggest investing in a altcoins or a bankroll of a casino if you are looking to invest, not cloud mining.
hero member
Activity: 658
Merit: 501
Hackers please hack me .... if you can :)
June 14, 2017, 01:34:45 AM
#8
Why lose money to these sites ? They maybe are trusted but you will never ROI with them. The only possibilities to make money with bitcoin are trading and holding bitcoin for a longer term. If you are not good a trading and you were looking for a passive income I think it is better for you to hold the bitcoins.
legendary
Activity: 1652
Merit: 1007
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June 14, 2017, 01:29:31 AM
#7
I d say both re OK in terms of trust.

The problem is ROI. You need to be EXTREMELY careful and constantly reinvest large chunk of your profits in order to reach ROI. If I would have to choose between two, I d go with Hashflare.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
June 14, 2017, 01:03:05 AM
#6
Are genesis and hashflare trustable?
How made it untill at least break even?
I have already bougth 1TH in both cloud mining websites! So far made arround 9 dollar after 10 days in each! So 18 in total!

Preferably they are used to become a trusted site before and even now but for the fact that their ROI given to their investor is pretty much awfull right now I think Our trust is not worth for the time we spend on them since we cannot earn more money for investing at their company and might better if you shift on another ventures since you can even earn more on that, just try to learn tradings since it is better than investing on cloudminings.
legendary
Activity: 1176
Merit: 1001
The most Professional Cryptocurrency Casino
June 14, 2017, 12:51:12 AM
#5
Are genesis and hashflare trustable?
How made it untill at least break even?
I have already bougth 1TH in both cloud mining websites! So far made arround 9 dollar after 10 days in each! So 18 in total!
Both sites have been running long time,I can say they can be trusted as a place to invest but I have one suggestion that is to use your money for trade rather than being used to invest in cloud mining because it is not profitable.
full member
Activity: 154
Merit: 100
June 13, 2017, 11:52:02 PM
#4
Ok so could they both be ponzi's?
sr. member
Activity: 700
Merit: 275
June 13, 2017, 11:37:29 PM
#3
Are genesis and hashflare trustable?
How made it untill at least break even?
I have already bougth 1TH in both cloud mining websites! So far made arround 9 dollar after 10 days in each! So 18 in total!
The return of investment on both sites are 1 year or even more. You can earn more if you trade alt coins. Regarding Genesis-mining and Hashflare.io legitimacy, that one is questionable if you ask me. They haven't posted anything that will prove that there really is a mining operation going on in any of their sites.

Hashflare seems to be paying genuinely. It's true that they don't have mentioned any details regarding mining. One could have posted their physical presence or shown some pictures too, but nothing like that seems to be shown up. I have tried hashflare but return of investment takes forever. More importantly they increased minimum cashout limit which is way ahead one could imagine. It takes longer to mine that much and you could barely cashout once or twice in the month.
legendary
Activity: 1834
Merit: 1036
June 13, 2017, 11:01:21 PM
#2
Are genesis and hashflare trustable?
How made it untill at least break even?
I have already bougth 1TH in both cloud mining websites! So far made arround 9 dollar after 10 days in each! So 18 in total!
The return of investment on both sites are 1 year or even more. You can earn more if you trade alt coins. Regarding Genesis-mining and Hashflare.io legitimacy, that one is questionable if you ask me. They haven't posted anything that will prove that there really is a mining operation going on in any of their sites.
full member
Activity: 154
Merit: 100
June 13, 2017, 10:49:48 PM
#1
Are genesis and hashflare trustable?
How made it untill at least break even?
I have already bougth 1TH in both cloud mining websites! So far made arround 9 dollar after 10 days in each! So 18 in total!
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