ive posted a few times on here with my experience, i have done well just over 2 dash in 3 months so for 475 dollars not bad. customer service is good, but unfortunately the dash contracts have sold out. i think there are btc, xmr and eth. eth is not a bad deal i think at the moment, mining is risky, but if you buy a contract set it up and leave it, it is nice feeling checking your balance every month.
only you can make the descion whether to hodl a coin or coins, build your own brig or buy cloud mining, which i do recommended GM, they have been helpful to me. i mine myself, cloud mining and hold some coins so hopefully cover all bases, any other questions just ask.
Topic: Genesis Mining experience!? - page 3. (Read 25577 times)
Alost no one reaches ROI with Genesis Mining, and if they did they were very, very lucky.
Genesis Mining is not a scam at all - I believe that they're mining - but they're a very shady and manipulative company which lays out their plans in such a way that they never see how much profit they make and how they're taking it from you.
Furthermore, they have these two-year plans which don't reach ROI, because they add new altcoins when they surge in price, making the plans look like they will reach ROI much quicker than they actually do once the difficulty catches up with the price.
Cloud mining is never reliable, safe nor particularly profitable. You're always better off going for mining yourself, mining the most profitable altcoin with a GPU or mining Bitcoin with an ASIC if you have low electricity costs.
Genesis Mining is not a scam at all - I believe that they're mining - but they're a very shady and manipulative company which lays out their plans in such a way that they never see how much profit they make and how they're taking it from you.
Furthermore, they have these two-year plans which don't reach ROI, because they add new altcoins when they surge in price, making the plans look like they will reach ROI much quicker than they actually do once the difficulty catches up with the price.
Cloud mining is never reliable, safe nor particularly profitable. You're always better off going for mining yourself, mining the most profitable altcoin with a GPU or mining Bitcoin with an ASIC if you have low electricity costs.
Hello,
honestly im a totally new to the whole topic with cryptocurrency mining and stuff. Recently i started to think about the oppurtinity as we all did, when we started.
I researched a lot of stuff like YouTube Videos, Blogs, Forums and so on and found at the end "Genesis Mining" which looks pretty legit to me.
I watched a few documentaries about them and everything seems really good to me, but on the other hand i really often read that they are scammers and stuff.
Now is my question: Who is acutally using Genesis Mining and who already was able to ROI?
Recently i found another thread here but it seems pretty outdated, thats the reason why i created this topic now
Since i started i do receive payouts but to reach ROI it would cost me around 280 days from now on, which is a really heavy number if i think about the FAQ on the website.
Hopefully i can activate a really nice dicussion about the topic itself and to earn more experience or another point of view about the whole stuff!
Thanks in advance
best regards
honestly im a totally new to the whole topic with cryptocurrency mining and stuff. Recently i started to think about the oppurtinity as we all did, when we started.
I researched a lot of stuff like YouTube Videos, Blogs, Forums and so on and found at the end "Genesis Mining" which looks pretty legit to me.
I watched a few documentaries about them and everything seems really good to me, but on the other hand i really often read that they are scammers and stuff.
Now is my question: Who is acutally using Genesis Mining and who already was able to ROI?
Recently i found another thread here but it seems pretty outdated, thats the reason why i created this topic now
Since i started i do receive payouts but to reach ROI it would cost me around 280 days from now on, which is a really heavy number if i think about the FAQ on the website.
Hopefully i can activate a really nice dicussion about the topic itself and to earn more experience or another point of view about the whole stuff!
Thanks in advance
best regards
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