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Topic: Genesis Mining Honest Review by TheMerkle - page 2. (Read 1181 times)

legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
December 27, 2016, 06:11:03 AM
#3
http://themerkle.com/genesis-mining-review/

tl;dr

Genesis-Mining is a reputable company with legitimate datacenters, if you are interested in cloud mining it is definitely worth checking them out, however, before purchasing any contract make sure to do the math and do not underestimate bitcoin's or any other cryptocurrency difficulty jumps.


This an interesting sentences. At least run some of R4S in my apartment will be more profitable than it. They are legit because of, not a scam. but they're not legit for pay back your ROI.  Roll Eyes

Quote
In conclusion, these contracts aren’t profitable enough to take the risk investing in them. You are better of simply purchasing $30 worth of bitcoin and holding it.
legendary
Activity: 3122
Merit: 1140
December 27, 2016, 03:12:34 AM
#2
http://themerkle.com/genesis-mining-review/

tl;dr

Genesis-Mining is a reputable company with legitimate datacenters, if you are interested in cloud mining it is definitely worth checking them out, however, before purchasing any contract make sure to do the math and do not underestimate bitcoin's or any other cryptocurrency difficulty jumps.
Yes it is reputable "for now" because it is still operating but I don't think they could able to proceed further more on the longer runs since bitcoin difficulty does really increase as the days goes by and ROI for its investors would really be long for sure.I don't tend to be bitter but I don't really like to invest on these cloud mining sites because most of them are just scams.
full member
Activity: 202
Merit: 100
December 27, 2016, 02:56:59 AM
#1
http://themerkle.com/genesis-mining-review/

tl;dr

Genesis-Mining is a reputable company with legitimate datacenters, if you are interested in cloud mining it is definitely worth checking them out, however, before purchasing any contract make sure to do the math and do not underestimate bitcoin's or any other cryptocurrency difficulty jumps.
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