Genesis-mining Legit ? - page 2. | Bitcointalksearch.org

pixie85

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Quote from: sunsilk on August 18, 2017, 07:53:08 AM

It's legit for those people who are earning good before and until now that has contracts with them.

Are there really such people? I'm only reading 2 types of comments about them.
Negative stuff from people who invested and were getting paid with their own money and newly made accounts praising them and saying they're a good investment.

sunsilk

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Quote from: SavvyOli on August 18, 2017, 01:38:36 AM

is this really legit? how soon can we break even from our capital?

It's legit for those people who are earning good before and until now that has contracts with them.

But when it comes to breaking even from your capital, since I didn't invested there as I'm basing on others experience.

They are having hard time to get their capital > profit back.

MrCrank

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Quote from: Roboabhishek on June 30, 2017, 01:31:30 PM

I have heard that "genesis-mining" is profitable and I think it's worth investing in their plan but I want to be sure if they won't scam.

I would be happy to hear your thoughts on this website.

I invested here for test. Don't say profitable or not.. need wait 6 month.
Payout with delay now..
I read and watch video this is legit.
If you want i can give you 3% discount, please PM me

Milo_Kidd

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Quote from: Roboabhishek on June 30, 2017, 01:31:30 PM

I have heard that "genesis-mining" is profitable and I think it's worth investing in their plan but I want to be sure if they won't scam.

I would be happy to hear your thoughts on this website.

if you planning to go earning btc through faucets you.need to be aware of the site you are entering. Specially if you have balance in your account. You need to be aware that nowadays scamming is spreading in internet.

SavvyOli

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is this really legit? how soon can we break even from our capital?

Weawant

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Quote from: Roboabhishek on August 18, 2017, 12:30:53 AM

Quote from: BitHodler on August 17, 2017, 08:22:19 PM

Quote from: Pakar11220 on August 17, 2017, 06:43:04 PM

Genesis mining is one of the old companies and is obviously legit.

Obviously legit? Well, there is only one single way to prove legitimacy, and that's providing people what they for so long have been asking for ~ the Bitcoin mining addresses their block rewards flow into.

Since GM's very first day, people have been asking for these addresses, but GM for obvious reasons never responded to any of these requests ~ it's pathetic that people believe they are legit.

There is really no reason for GM to try to hide these addresses from the public, since everything is open for anyone to look through anyway. That's Bitcoin's transparent nature ~ there is nothing that one can hide.

Actually it's really suspicious as they are not providing the address of mining blocks.
Then i think it's better to not use that website sooner or later they will scam for sure.

They became more suspicious nowadays since they had been secretive for that matter and I can't even imagine on how they can provide those payouts to their investors while their mining business is becoming more heavier for these years. And maybe its better that we should avoid them since maybe one of these days the glory month of genisis-minings will be gone and they will perform the exit scam show Grin

.

Roboabhishek

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Quote from: BitHodler on August 17, 2017, 08:22:19 PM

Quote from: Pakar11220 on August 17, 2017, 06:43:04 PM

Genesis mining is one of the old companies and is obviously legit.

Obviously legit? Well, there is only one single way to prove legitimacy, and that's providing people what they for so long have been asking for ~ the Bitcoin mining addresses their block rewards flow into.

Since GM's very first day, people have been asking for these addresses, but GM for obvious reasons never responded to any of these requests ~ it's pathetic that people believe they are legit.

There is really no reason for GM to try to hide these addresses from the public, since everything is open for anyone to look through anyway. That's Bitcoin's transparent nature ~ there is nothing that one can hide.

Actually it's really suspicious as they are not providing the address of mining blocks.
Then i think it's better to not use that website sooner or later they will scam for sure.

tsaroz

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Quote from: Hyuiguia on August 17, 2017, 10:39:01 PM

until now genesis-mining is the best cloud mining
and still always paid

After a long research I reached in the conclusion that genesis mining is the only profitable legitimate cloud mining.
And I invested some buying a mining contract on 6th of August.
No payouts were made till 10.
After making a support ticket I got one payout for 6th august but after that there are no notification of payouts till now.

Hyuiguia

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until now genesis-mining is the best cloud mining
and still always paid

lottery248

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beware of your keys.

i have saw that they are not gonna publish what kind of pool they are using, and as well IIRC they have not been signing any blocks from the beginning of that site, suspicious. i have saw it in Hong Kong, but i don't sure if it has referrals.

BitHodler

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Quote from: Pakar11220 on August 17, 2017, 06:43:04 PM

Genesis mining is one of the old companies and is obviously legit.

Obviously legit? Well, there is only one single way to prove legitimacy, and that's providing people what they for so long have been asking for ~ the Bitcoin mining addresses their block rewards flow into.

Since GM's very first day, people have been asking for these addresses, but GM for obvious reasons never responded to any of these requests ~ it's pathetic that people believe they are legit.

There is really no reason for GM to try to hide these addresses from the public, since everything is open for anyone to look through anyway. That's Bitcoin's transparent nature ~ there is nothing that one can hide.

Pakar11220

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Quote from: xIIImaL on July 06, 2017, 07:13:53 AM

Quote from: simon149 on July 06, 2017, 06:44:47 AM

In case you are interested I have published my payouts over the last month, and did some calculations on it.
You can find the article on my blog: Payout on Genesis mining.

I have already got my investment back and are expecting a nice profit towards the future.
If you have any questions let me know, but I think the number speaks for themselves.

---

edit: this article is about BTC. I'll try to run the numbers as well with other coins like ETH.

Anybody can write a article about it accordingly. Please share the payout screenshot of yours that will give a clear view about the payment and it is legit. I have created a mining account in genesis but It asks me to buy a hashpower to start mining. If this legit than any cloud mining. I will definitely invest on it.

The thing about mining is that it is not the most trust worthy way to invest your money. The amount of companies that are considered legit to mine your bitcoins is very low, most of them are fraud. Genesis mining is one of the old companies and is obviously legit. But legit doesn’t rhyme with profitable. With the rising price of bitcoins it’s very hard to understand what profit means in mining, and how to get it. People mostly use these king of marketing techniques to steal you bitcoins.

simon149

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Quote from: xIIImaL on July 06, 2017, 07:13:53 AM

Quote from: simon149 on July 06, 2017, 06:44:47 AM

In case you are interested I have published my payouts over the last month, and did some calculations on it.
You can find the article on my blog: Payout on Genesis mining.

I have already got my investment back and are expecting a nice profit towards the future.
If you have any questions let me know, but I think the number speaks for themselves.

---

edit: this article is about BTC. I'll try to run the numbers as well with other coins like ETH.

Anybody can write a article about it accordingly. Please share the payout screenshot of yours that will give a clear view about the payment and it is legit. I have created a mining account in genesis but It asks me to buy a hashpower to start mining. If this legit than any cloud mining. I will definitely invest on it.

The payouts are actually listed below the article. Both in text form (so you can do your own calculations) and in screenshot.
You could run the numbers yourself so you can see the return on investment.

piloder

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Cloud mining = virtual mining
Virtual mining power those cloud mining sites sell might not be equal to real mining power those sites actually own.

Genesis mining is registered entity but this doesn't mean you will make profit before they close their site.

Roboabhishek

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Quote from: xIIImaL on July 06, 2017, 07:13:53 AM

Quote from: simon149 on July 06, 2017, 06:44:47 AM

In case you are interested I have published my payouts over the last month, and did some calculations on it.
You can find the article on my blog: Payout on Genesis mining.

I have already got my investment back and are expecting a nice profit towards the future.
If you have any questions let me know, but I think the number speaks for themselves.

---

edit: this article is about BTC. I'll try to run the numbers as well with other coins like ETH.

Anybody can write a article about it accordingly. Please share the payout screenshot of yours that will give a clear view about the payment and it is legit. I have created a mining account in genesis but It asks me to buy a hashpower to start mining. If this legit than any cloud mining. I will definitely invest on it.

It's like gambling.
They sent me a mail that they can cancel the contract if the price of currency increases also depends on the difficulty rate.
The time I heard they can cancel it I thought it's useless

xIIImaL

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Quote from: simon149 on July 06, 2017, 06:44:47 AM

In case you are interested I have published my payouts over the last month, and did some calculations on it.
You can find the article on my blog: Payout on Genesis mining.

I have already got my investment back and are expecting a nice profit towards the future.
If you have any questions let me know, but I think the number speaks for themselves.

---

edit: this article is about BTC. I'll try to run the numbers as well with other coins like ETH.

Anybody can write a article about it accordingly. Please share the payout screenshot of yours that will give a clear view about the payment and it is legit. I have created a mining account in genesis but It asks me to buy a hashpower to start mining. If this legit than any cloud mining. I will definitely invest on it.

simon149

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Activity: 113

Merit: 10

In case you are interested I have published my payouts over the last month, and did some calculations on it.
You can find the article on my blog: Payout on Genesis mining.

I have already got my investment back and are expecting a nice profit towards the future.
If you have any questions let me know, but I think the number speaks for themselves.

---

edit: this article is about BTC. I'll try to run the numbers as well with other coins like ETH.

Yuuto

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Quote from: Roboabhishek on June 30, 2017, 01:31:30 PM

I have heard that "genesis-mining" is profitable and I think it's worth investing in their plan but I want to be sure if they won't scam.

I would be happy to hear your thoughts on this website.

It is extremely like in my opinion that you have heard about Genesis Mining on youtube, from a bitcoin based youtuber(I know for a fact that Trevon James does some shows on Genesis Mining every now and then).

You'll very rarely see someone even break even with Genesis mining. The only reason why these people on youtube is promoting it is because they're getting affiliate earnings from GM every time someone buys a plan with them.

GM is probably legit, unlike ponzi cloud mining sites, but that doesn't mean that it's going to be profitable. Their maintenance fees are probably going to end your contract which is supposed to be "lifetime" within 4 years due to block halvings.

cafucafucafu

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Quote from: Roboabhishek on June 30, 2017, 01:31:30 PM

I have heard that "genesis-mining" is profitable and I think it's worth investing in their plan but I want to be sure if they won't scam.

I would be happy to hear your thoughts on this website.

Don't invest!

Genesis mining is legit but in the end you are never going to break even. If you want to use it as a way to lock away funds so that you don't spend all of it at once then sure, but only expect maximum 70% ROI back, if not even less.

They advertise their site as a profitable business opportunity when everyone knows that difficulty is shooting up so much on a weekly basis. My contract earnings were outpaced by the fees they charged a few months ago, which means that now i receive nothing. You're also betting on bitcoin being up, if bitcoin crashes, then your contract is highly likely going to be cancelled by them as well.

Panda Trump

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Topic: Genesis-mining Legit ? - page 2. (Read 1845 times)