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Topic: Genesis Mining experience!? (Read 25628 times)

member
Activity: 1103
Merit: 76
May 05, 2019, 06:25:16 AM
#43
i got always payed form them since more than 5 years now.
But i have to say when i had bought btc at this time when i bought my contracts i had made more profit.,
But still Genesis mining is the last legit cloud miner !



regards

you mean the last ponzi cloud mining. Who in the right mind invests to end up getting less bitcoin in the end. Its better to hodl your bitcoin than to invest in these ponzi-schemes.
legendary
Activity: 1582
Merit: 1031
April 23, 2019, 03:56:56 PM
#42
i got always payed form them since more than 5 years now.
But i have to say when i had bought btc at this time when i bought my contracts i had made more profit.,
But still Genesis mining is the last legit cloud miner !



regards
copper member
Activity: 238
Merit: 0
April 23, 2019, 02:48:57 PM
#41
got payment:

The amount of 2.87 USD has been deposited to your account. Accounts: U18493892->U1355114. Memo: API Payment. weenzee.com.. Date: 05:09 23.04.19. Batch: 257019670.
newbie
Activity: 1
Merit: 0
January 18, 2019, 04:27:49 PM
#40
I have done my own mining, set up servers, cooling, and data center space. Fixed the equipment when it failed and had to make sure it was online and secure from hackers. Genesis Mining is so much easier. I like how the chose Iceland as the Mining location with arctic air and thermal power. The interfaces are easy to use and the protection you from making dumb mistakes like too small of bitcoin deposits that eat up all your profits.
Bottom line these guys are reputable, honest, transparent (twitter, email, portal screens) and efficient. Look no further than here if you want to mine Crypto's.
newbie
Activity: 52
Merit: 0
March 19, 2018, 01:36:54 AM
#39
to Genesis mining

you don't give me daily payout figures for XMR for 2 months now, you paid me 0.4 XMR 12 days ago that still hasn't arrived, 6 tickets and all you reply it IT is checking it, refund my bloody money or pay me my XMR, you could check the blockchain in 2 mins and pay me but still you don't, you are not a honest organisation!!!!

I would post screen shots if I could!!!!!!!!!!!!!!!!
sr. member
Activity: 1218
Merit: 410
July 25, 2017, 06:54:44 PM
#38
i bought some more eth contract, 7 mhs sounds stupid but i struggle with my mining rig to get hash rate so this is like an add on.

So, you spent about 0.7 ETH. I look forward to seeing how much ETH you have earned in 6 months.

this argument just doesntb work.

i spent 10 eth on my own mining rig to mine 16 over the year, as do thousands of other people. anything can be argued in the format  you use.

Sorry, I messed up the grammar. I meant to write that I look forward to seeing how much ETH you will earn from your 0.7 ETH investment.

If you pure with your own hashrate you will get long time ROI, i join on facebook group about genesis (not offiial) and strategy about it. You will get your own hasrate with people ref, after that some people will use your code too. Some people use my code and buy a lot ghs but i dont buy ghs/hashrate again because dont have money.  Grin

After upgrading (double the hashrate) there was no change in payout. After complaining, my payout was set to zero..... No more payouts at all.

Take from this whatever you want, but i have warned you.

This is like on their facebook official page comment , some people complain about their payout and become 0.

For OP. Dont invest on genesis. Better do something like trading, or build your own mining rig.
full member
Activity: 210
Merit: 100
July 25, 2017, 04:02:59 PM
#37
After upgrading (double the hashrate) there was no change in payout. After complaining, my payout was set to zero..... No more payouts at all.

Take from this whatever you want, but i have warned you.

payment sent to zero, wtf does that mean?

have you actually linked an address, when i paid it mined straight away. i could use it for x11 or btc. i also contacted cc and got answers back in minutes or a few hours. has it really changed that much in 4 months?

newbie
Activity: 1
Merit: 0
July 25, 2017, 02:37:40 PM
#36
After upgrading (double the hashrate) there was no change in payout. After complaining, my payout was set to zero..... No more payouts at all.

Take from this whatever you want, but i have warned you.
legendary
Activity: 4522
Merit: 3426
June 28, 2017, 04:32:06 PM
#35
i bought some more eth contract, 7 mhs sounds stupid but i struggle with my mining rig to get hash rate so this is like an add on.

So, you spent about 0.7 ETH. I look forward to seeing how much ETH you have earned in 6 months.

this argument just doesntb work.

i spent 10 eth on my own mining rig to mine 16 over the year, as do thousands of other people. anything can be argued in the format  you use.

Sorry, I messed up the grammar. I meant to write that I look forward to seeing how much ETH you will earn from your 0.7 ETH investment.
full member
Activity: 210
Merit: 100
June 28, 2017, 11:09:35 AM
#34
i bought some more eth contract, 7 mhs sounds stupid but i struggle with my mining rig to get hash rate so this is like an add on.

So, you spent about 0.7 ETH. I look forward to seeing how much ETH you have earned in 6 months.

this argument just doesntb work.

i spent 10 eth on my own mining rig to mine 16 over the year, as do thousands of other people. anything can be argued in the format  you use.
legendary
Activity: 4522
Merit: 3426
June 28, 2017, 02:12:39 AM
#33
i bought some more eth contract, 7 mhs sounds stupid but i struggle with my mining rig to get hash rate so this is like an add on.

So, you spent about 0.7 ETH. I look forward to seeing how much ETH you will earn in 6 months.
full member
Activity: 210
Merit: 100
June 27, 2017, 12:00:10 PM
#32
ummm... in my experience, i already on my profit (since my investment is back) well im enjoying my profit now because i just do small investment on the 1 years ago (maybe more i didnt remember) and give review on youtube with i put my referal on the description and doesnt update again. But a lot people do big invest(more than 500$ and more) , if im not forget, some people invest 2500$ with my discount code(referal). So i just got a lot power and give my return back faster and now im just enjoying my profit.

But if you ask me, i will say dont invest on genesis mining for now. Well, you can get a lot power from referal and make it faster but that was too risk. Better do trading or keep it.

i bought some more eth contract, 7 mhs sounds stupid but i struggle with my mining rig to get hash rate so this is like an add on.
sr. member
Activity: 1218
Merit: 410
June 26, 2017, 08:47:23 PM
#31
ummm... in my experience, i already on my profit (since my investment is back) well im enjoying my profit now because i just do small investment on the 1 years ago (maybe more i didnt remember) and give review on youtube with i put my referal on the description and doesnt update again. But a lot people do big invest(more than 500$ and more) , if im not forget, some people invest 2500$ with my discount code(referal). So i just got a lot power and give my return back faster and now im just enjoying my profit.

But if you ask me, i will say dont invest on genesis mining for now. Well, you can get a lot power from referal and make it faster but that was too risk. Better do trading or keep it.
sr. member
Activity: 588
Merit: 254
June 22, 2017, 02:45:41 PM
#30
The problem with Genesis ' ....[/b][/size][/color][/font][/u]


bla bla scam scam scam, the same argument over and over again.

i invested in edgeless if i had kept as eth i would have made more money that argument works for loads of coins investments. i bought GM and have been clear about the costs and returns. yes i made money on referrals all of 3 usd dollars yesterday, you and others have signatures for coins etc, most likewise never actually used them just looking for a freebie.
i actually use them and they work for me, people ask for advice so i post. it is the same type of people shouting the loudest going from thread to thread trying to force people to their viewpoint. i have never forced anyone, they can decide. maybe btc doesn't go up maybe it goes down, who knows, but to dictate what people should do because you don't want them to do something is bloody stupid.

My understanding is GM has been going 3 years, why not spam polybious or proper ponzi schemes.

I don't consider GM to be a scam because they are open and transparent. You are getting exactly what you pay for. Others might consider it a scam because the customers are being mislead -- you aren't getting what you think you are getting.

However, I do believe it is a bad investment because you can do much better by buying the coins directly, rather than paying GM to mine them for you.

The source of the confusion is caused by looking at the investment in dollars, rather than the currency that is actually being earned. It confuses the gains/losses from holding the currency with the gains/losses from mining the currency.


Yup.

Genesis Mining CAN be profitable in dollars.
Genesis Mining CAN'T be profitable in the mined currency.

Easy as that. It's not going to make you profit. End of discussion.

Regards,
Trump
legendary
Activity: 4522
Merit: 3426
June 21, 2017, 01:23:15 PM
#29
The problem with Genesis ' ....[/b][/size][/color][/font][/u]


bla bla scam scam scam, the same argument over and over again.

i invested in edgeless if i had kept as eth i would have made more money that argument works for loads of coins investments. i bought GM and have been clear about the costs and returns. yes i made money on referrals all of 3 usd dollars yesterday, you and others have signatures for coins etc, most likewise never actually used them just looking for a freebie.
i actually use them and they work for me, people ask for advice so i post. it is the same type of people shouting the loudest going from thread to thread trying to force people to their viewpoint. i have never forced anyone, they can decide. maybe btc doesn't go up maybe it goes down, who knows, but to dictate what people should do because you don't want them to do something is bloody stupid.

My understanding is GM has been going 3 years, why not spam polybious or proper ponzi schemes.

I don't consider GM to be a scam because they are open and transparent. You are getting exactly what you pay for. Others might consider it a scam because the customers are being mislead -- you aren't getting what you think you are getting.

However, I do believe it is a bad investment because you can do much better by buying the coins directly, rather than paying GM to mine them for you.

The source of the confusion is caused by looking at the investment in dollars, rather than the currency that is actually being earned. It confuses the gains/losses from holding the currency with the gains/losses from mining the currency.
sr. member
Activity: 588
Merit: 254
June 21, 2017, 09:43:06 AM
#28
actually you could make roi but you must be there from beginning. just wait for the next new coin that will be minable on genesis

I have explained earlier in this thread that that's just not true and please read my posts for more information. PM me if you still don't get why Genesis Mining isn't profitable in the slightest way, besides for other scammers (people who refer others to the scam).

So let me just mention this... Here:

WRONG ADVICE! THIS IS COMPLETE BULLCRAP!

DO NOT INVEST WHEN NEXT COIN APPEARS! IT WON'T MAKE YOU MORE ROI THAN SIMPLY BUYING THE COIN ITSELF!


Regards,
Trump

sr. member
Activity: 505
Merit: 250
June 21, 2017, 02:54:14 AM
#27
actually you could make roi but you must be there from beginning. just wait for the next new coin that will be minable on genesis
sr. member
Activity: 588
Merit: 254
June 21, 2017, 02:22:24 AM
#26
lol i have written this on other threads, so not going to post again as it is clear you have your view and i have mine. so if anybody want advice pm and i will be happy to answer questions. thanks i wont post anymore on this thread it is pointless.

It's not a difference in point of view, as you know, just as good as I do, that buying contracts at Genesis Mining is not profitable.
The only reason you are advertising it is because of your referal links.
It is not a difference in point of view, rather a difference in honesty. I tell the facts with full honesty whilst you lie about them for your own gain.

Regards,
Trump
full member
Activity: 210
Merit: 100
June 20, 2017, 12:07:32 PM
#25
lol i have written this on other threads, so not going to post again as it is clear you have your view and i have mine. so if anybody want advice pm and i will be happy to answer questions. thanks i wont post anymore on this thread it is pointless.
sr. member
Activity: 588
Merit: 254
June 20, 2017, 01:39:58 AM
#24
the payouts i get match the mining prediction. yes when i first bought them i was getting double the payout i get now, but the price has doubled.

i think people should use cloud mining, choose who you want. i bought a 3k usd rig myself, if i had invested in btc i would have doubled my money instead of making a small amount and not even paid it off. but i bought it because if the market went to nothing i still have a computer. now cloud mining is risky, could do a runner anytime, but that is life, we risk to make a bit of money when interest rates are peanuts.
 some people don't want to trade, don't want to buy coins, don't want to build a rig so buy cloudmining.

i have covered all bases, cloud mining, mining, trading a few coins.

you can use nicehash but i found the website a bit confusing that is why i used GM.



Can you just answer these 3 questions:

When did you buy your contract at GM? (Date)
How much did it cost?
What cryptocurrency were you mining with the contract?

Regards,
Trump
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