Genesis Minings main discussion thread is here.
If you have any questions etc, post there instead as member of GM staff go to that forum from time to time and are normally quite good at answering or announcing things.
https://bitcointalksearch.org/topic/genesis-miningcom-worlds-leading-hashpower-provider-602022
Topic: Are they legit? (Read 1797 times)
I am a newcomer and i think trading is a risky option for newcomer like me. So, i think mining is the best way to earn Bitcion. .I have found a post in this forum on BTC mining, where www.genesis-mining.com is offering to start mining from 0.14 usd kh/s per year. How are they offering such a low price? Are they legit?
Here is the link of that thread: https://bitcointalksearch.org/topic/genesis-miningcom-worlds-leading-hashpower-provider-602022
Here is the link of that thread: https://bitcointalksearch.org/topic/genesis-miningcom-worlds-leading-hashpower-provider-602022
That company you mention does not mine BTC, they mine Scrypt coins and then each day they convert those into BTC.
Just thought I would let you know about that.
Each day they will send you the money to your wallet. Automatically.
So you would need to download on your PC, phone, whatever, the wallet for each coin you want to mine, so they can send you the payment.
You can then decide to do whatever with your coins, keep them or send them to an exchange to sell and buy and trade with. Up to you really.
I am a newcomer and i think trading is a risky option for newcomer like me. So, i think mining is the best way to earn Bitcion. .I have found a post in this forum on BTC mining, where www.genesis-mining.com is offering to start mining from 0.14 usd kh/s per year. How are they offering such a low price? Are they legit?
Here is the link of that thread: https://bitcointalksearch.org/topic/genesis-miningcom-worlds-leading-hashpower-provider-602022
Here is the link of that thread: https://bitcointalksearch.org/topic/genesis-miningcom-worlds-leading-hashpower-provider-602022
That company you mention does not mine BTC, they mine Scrypt coins and then each day they convert those into BTC.
Just thought I would let you know about that.
Each day they will send you the money to your wallet. Automatically.
So you would need to download on your PC, phone, whatever, the wallet for each coin you want to mine, so they can send you the payment.
You can then decide to do whatever with your coins, keep them or send them to an exchange to sell and buy and trade with. Up to you really.
I am a newcomer and i think trading is a risky option for newcomer like me. So, i think mining is the best way to earn Bitcion. .I have found a post in this forum on BTC mining, where www.genesis-mining.com is offering to start mining from 0.14 usd kh/s per year. How are they offering such a low price? Are they legit?
Here is the link of that thread: https://bitcointalksearch.org/topic/genesis-miningcom-worlds-leading-hashpower-provider-602022
Here is the link of that thread: https://bitcointalksearch.org/topic/genesis-miningcom-worlds-leading-hashpower-provider-602022
That company you mention does not mine BTC, they mine Scrypt coins and then each day they convert those into BTC.
Just thought I would let you know about that.
Each day they will send you the money to your wallet. Automatically.
So you would need to download on your PC, phone, whatever, the wallet for each coin you want to mine, so they can send you the payment.
You can then decide to do whatever with your coins, keep them or send them to an exchange to sell and buy and trade with. Up to you really.
I am a newcomer and i think trading is a risky option for newcomer like me. So, i think mining is the best way to earn Bitcion. .I have found a post in this forum on BTC mining, where www.genesis-mining.com is offering to start mining from 0.14 usd kh/s per year. How are they offering such a low price? Are they legit?
Here is the link of that thread: https://bitcointalksearch.org/topic/genesis-miningcom-worlds-leading-hashpower-provider-602022
Here is the link of that thread: https://bitcointalksearch.org/topic/genesis-miningcom-worlds-leading-hashpower-provider-602022
They seemed legit to me and they still are.
Have created account at genesis 2 weeks ago, payed with BTC. Started mining within 20 minutes.
Daily payment is perfect cos it pops out on my mobile.
Was playing with mining allocation and it's lovely. Once you try it calls for hash power upgrade.
I hope they will create Android app.
I am a newcomer and i think trading is a risky option for newcomer like me. So, i think mining is the best way to earn Bitcion. .I have found a post in this forum on BTC mining, where www.genesis-mining.com is offering to start mining from 0.14 usd kh/s per year. How are they offering such a low price? Are they legit?
Here is the link of that thread: https://bitcointalksearch.org/topic/genesis-miningcom-worlds-leading-hashpower-provider-602022
Here is the link of that thread: https://bitcointalksearch.org/topic/genesis-miningcom-worlds-leading-hashpower-provider-602022
They seemed legit to me and they still are.
Have created account at genesis 2 weeks ago, payed with BTC. Started mining within 20 minutes.
Daily payment is perfect cos it pops out on my mobile.
Was playing with mining allocation and it's lovely. Once you try it calls for hash power upgrade.
I hope they will create Android app.
I am a newcomer and i think trading is a risky option for newcomer like me. So, i think mining is the best way to earn Bitcion. .I have found a post in this forum on BTC mining, where www.genesis-mining.com is offering to start mining from 0.14 usd kh/s per year. How are they offering such a low price? Are they legit?
Here is the link of that thread: https://bitcointalksearch.org/topic/genesis-miningcom-worlds-leading-hashpower-provider-602022
Here is the link of that thread: https://bitcointalksearch.org/topic/genesis-miningcom-worlds-leading-hashpower-provider-602022
That company you mention does not mine BTC, they mine Scrypt coins and then each day they convert those into BTC.
Just thought I would let you know about that.
I am a newcomer and i think trading is a risky option for newcomer like me. So, i think mining is the best way to earn Bitcion. .I have found a post in this forum on BTC mining, where www.genesis-mining.com is offering to start mining from 0.14 usd kh/s per year. How are they offering such a low price? Are they legit?
Here is the link of that thread: https://bitcointalksearch.org/topic/genesis-miningcom-worlds-leading-hashpower-provider-602022
Here is the link of that thread: https://bitcointalksearch.org/topic/genesis-miningcom-worlds-leading-hashpower-provider-602022
They seemed legit to me and they still are.
Have created account at genesis 2 weeks ago, payed with BTC. Started mining within 20 minutes.
Daily payment is perfect cos it pops out on my mobile.
Was playing with mining allocation and it's lovely. Once you try it calls for hash power upgrade.
I hope they will create Android app.
Don't mine coins. If you're asking yourself such basic questions as 1) Mine or 2) Trade, you have a lot of research left to do in my opinion.
why?
Don't mine coins. If you're asking yourself such basic questions as 1) Mine or 2) Trade, you have a lot of research left to do in my opinion.
I am a newcomer and i think trading is a risky option for newcomer like me. So, i think mining is the best way to earn Bitcion. .I have found a post in this forum on BTC mining, where www.genesis-mining.com is offering to start mining from 0.14 usd kh/s per year. How are they offering such a low price? Are they legit?
Here is the link of that thread: https://bitcointalksearch.org/topic/genesis-miningcom-worlds-leading-hashpower-provider-602022
Here is the link of that thread: https://bitcointalksearch.org/topic/genesis-miningcom-worlds-leading-hashpower-provider-602022
They are legit but it might not be profitable even you think its such a low price. Many people predict that the difficulty would stop at one point (which did not) and thats the only way you can be profitable.
The difficulty on bitcoin is so high now that mining is very very hard. Even with MH/s you're not going to get enough Bitcoin to even notice. So I don't think the price is as low as you're thinking.
Should i try to mine LTC or DOGE? What do you think about those currency? I think they are more profitable than BTC. I think price is relatively low. Can you help me by mentioning any other site ?I am a newcomer and i think trading is a risky option for newcomer like me. So, i think mining is the best way to earn Bitcion. .I have found a post in this forum on BTC mining, where www.genesis-mining.com is offering to start mining from 0.14 usd kh/s per year. How are they offering such a low price? Are they legit?
Here is the link of that thread: https://bitcointalksearch.org/topic/genesis-miningcom-worlds-leading-hashpower-provider-602022
Here is the link of that thread: https://bitcointalksearch.org/topic/genesis-miningcom-worlds-leading-hashpower-provider-602022
That company you mention does not mine BTC, they mine Scrypt coins and then each day they convert those into BTC.
Just thought I would let you know about that.
You have an option to receive BTC as payment, or you can mine LTC or doge. But they mine the most profitable scrypt coins each day and send you that payment as BTC. It is much more profitable to mine scrypt coins and then convert them to BTC than mining BTC directly.
If you choose to mine LTC or doge then you get a payment in Doge or LTC each day.
Please read through this thread as it contains lots of info.
https://bitcointalksearch.org/topic/genesis-miningcom-worlds-leading-hashpower-provider-602022
I am a newcomer and i think trading is a risky option for newcomer like me. So, i think mining is the best way to earn Bitcion. .I have found a post in this forum on BTC mining, where www.genesis-mining.com is offering to start mining from 0.14 usd kh/s per year. How are they offering such a low price? Are they legit?
Here is the link of that thread: https://bitcointalksearch.org/topic/genesis-miningcom-worlds-leading-hashpower-provider-602022
Here is the link of that thread: https://bitcointalksearch.org/topic/genesis-miningcom-worlds-leading-hashpower-provider-602022
That company you mention does not mine BTC, they mine Scrypt coins and then each day they convert those into BTC.
Just thought I would let you know about that.
The difficulty on bitcoin is so high now that mining is very very hard. Even with MH/s you're not going to get enough Bitcoin to even notice. So I don't think the price is as low as you're thinking.
Should i try to mine LTC or DOGE? What do you think about those currency? I think they are more profitable than BTC. I think price is relatively low. Can you help me by mentioning any other site ?I am a newcomer and i think trading is a risky option for newcomer like me. So, i think mining is the best way to earn Bitcion. .I have found a post in this forum on BTC mining, where www.genesis-mining.com is offering to start mining from 0.14 usd kh/s per year. How are they offering such a low price? Are they legit?
Here is the link of that thread: https://bitcointalksearch.org/topic/genesis-miningcom-worlds-leading-hashpower-provider-602022
Here is the link of that thread: https://bitcointalksearch.org/topic/genesis-miningcom-worlds-leading-hashpower-provider-602022
That company you mention does not mine BTC, they mine Scrypt coins and then each day they convert those into BTC.
Just thought I would let you know about that.
The difficulty on bitcoin is so high now that mining is very very hard. Even with MH/s you're not going to get enough Bitcoin to even notice. So I don't think the price is as low as you're thinking.
Should i try to mine LTC or DOGE? What do you think about those currency? I think they are more profitable than BTC. I think price is relatively low. Can you help me by mentioning any other site ? My experience is that the best way to make money off of bitcoin is to outright buy it and then play the arbitrage game between the different exchanges. Some claim that offering micro amounts of BTC for sale for high prices is good way to make some profit but you pretty much need noobs and an exchange that allows bot trading for these micro amounts. I can't help on that because I have never done it. But arbitrage always works. Just be on your toes.
Hi watcoin, nice idea. I presume you are doing your arbitrage crypto:crypto, not crypto:fiat - right? Otherwise how would you economically transfer fiat between exchanges? Do you use any software aids to help find arbitrage opportunities? In your experience are there any particular exchanges and currency pairs that are particularly good for arbing?
My experience is that the best way to make money off of bitcoin is to outright buy it and then play the arbitrage game between the different exchanges. Some claim that offering micro amounts of BTC for sale for high prices is good way to make some profit but you pretty much need noobs and an exchange that allows bot trading for these micro amounts. I can't help on that because I have never done it. But arbitrage always works. Just be on your toes.
We just sold our Gridseed shares 1MH/s $192.00 year, total 70MH/s they sold out in few hours.
Shares that are coming soon. 1MH/s $32.6 but they are KNC titans.
I try to open our company forums soon as possible.
Shares that are coming soon. 1MH/s $32.6 but they are KNC titans.
I try to open our company forums soon as possible.
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