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Topic: Genesis-Mining Review - page 4. (Read 126871 times)

legendary
Activity: 2982
Merit: 1069
August 20, 2017, 11:14:38 AM
I am having a bad experience with the mining. Got my one and only payout on 6th of August, no any payout there after. No replies to the support ticket. Feel's like it's all collapsing.
newbie
Activity: 60
Merit: 0
August 20, 2017, 05:06:27 AM
I've been thinking that they're a scam but I decided to invest a small amount in some hashpower for Bitcoin and will see how it works. to be honest I've been watching multiple YouTube reviews and found that they all were legit.

So far I can;t complain albeit with them for a short while. I hope to increase the hashing power and to see what the payouts are.
newbie
Activity: 5
Merit: 0
August 08, 2017, 07:22:37 PM
I just bought a monero mining contract from the genesis mining worth $50. It's my first contract there and hope everything goes well.
I have trust of genesis mining.
afterall...got my first payment...just need t b more patient...ty gen-mine Grin
legendary
Activity: 1890
Merit: 1031
August 05, 2017, 02:13:37 PM
I just bought a monero mining contract from the genesis mining worth $50. It's my first contract there and hope everything goes well.
I have trust of genesis mining.

Happy Mining buddy!
legendary
Activity: 2982
Merit: 1069
August 05, 2017, 12:22:24 PM
I just bought a monero mining contract from the genesis mining worth $50. It's my first contract there and hope everything goes well.
I have trust of genesis mining.
newbie
Activity: 69
Merit: 0
August 05, 2017, 11:46:27 AM
no payments still...sent a ticket n waiting answer from genesis-mining

Similar here.
newbie
Activity: 5
Merit: 0
August 01, 2017, 05:50:08 AM
no payments still...sent a ticket n waiting answer from genesis-mining
sr. member
Activity: 388
Merit: 250
July 31, 2017, 11:08:44 AM
And it looks like the remainder of what I was owed just came through, was nearly double the usual amount I get. So, they've kept their word and are repaying their clients for the lost income.

I'm now satisfied this isn't a scam as they've actually kept to their word unlike some (i.e. MtGox).

After reading this review of Genesis Mining http://www.viral-alert.com/genesis-mining-com-review/  I did some of my own research into cloud mining. It may take a little while to get a point of breaking even with the investment cost, but I feel it's going in the right direction. Obviously you need be educated about mining difficulty and block reward rather than just the price on the bitcoin against your currency, as there are several factors to consider including timing. No get rich quick scheme here, just another investment opportunity that you take with the same care and diligence as any other investment.

Yeah, it's pretty much set and forget for a while, which is what I like about it, particularly due to the regular payments.
full member
Activity: 266
Merit: 100
July 31, 2017, 07:51:18 AM
After reading this review of Genesis Mining http://www.viral-alert.com/genesis-mining-com-review/  I did some of my own research into cloud mining. It may take a little while to get a point of breaking even with the investment cost, but I feel it's going in the right direction. Obviously you need be educated about mining difficulty and block reward rather than just the price on the bitcoin against your currency, as there are several factors to consider including timing. No get rich quick scheme here, just another investment opportunity that you take with the same care and diligence as any other investment.
legendary
Activity: 1890
Merit: 1031
July 28, 2017, 01:16:46 PM
Ethereum Miners Lease Boeing 747s to Ship AMD GPU`s; Share Price Goes Up
https://www.cryptocoinsnews.com/ethereum-miners-lease-boeing-747s-to-ship-amd-processors-share-price-goes-up/

So cool!
sr. member
Activity: 388
Merit: 250
July 28, 2017, 08:33:46 AM
And I received mine today as well, for both BTC and PPC, both dated for the 21st.

So far, so good in that they seem to be starting to gradually start sorting out their payments, so I'm going to give them a few days to see how that will progress.
legendary
Activity: 1890
Merit: 1031
July 27, 2017, 07:57:14 PM
I received my payments today,  including bitcoin, ethereum and dash.

Two for proof:
    Complete    ZEC    0.03694776
   
2017-07-27 22:42:06 Address: t1chHkpCnDGP9Dki1Mgs776B8hDJ4H7TAmC Txid: a82520057fd7438245d0171a3a30057762475c3578e7d6104d4a0c8ce1ab46c1

Complete    DASH    0.01312136
   
2017-07-27 21:31:59 Address: XxpwcH6t1oacZeFkNaNDuU4Td1y4fbvb3X Txid: c637e69533546639a03e7e2301d50dd474acd198fab5a72af109690b451d7786
jr. member
Activity: 56
Merit: 3
July 27, 2017, 05:44:11 PM
Holding the coin is definitely the more profitable and quicker ROI than investing in cloud mining at the moment.
hero member
Activity: 966
Merit: 546
July 27, 2017, 05:22:11 PM
They've stopped payout since the 20th and nobody is really making complaints?
hero member
Activity: 821
Merit: 501
July 27, 2017, 02:53:17 PM
Still same problem they are not paying?
I got news that few days before genesis mining hacked and payout being withheld.
So who are invest in genesis mining they are in now big trouble.all cloud mining turn into scam at the end.lets see what will happened future.
newbie
Activity: 5
Merit: 0
July 27, 2017, 01:52:02 PM
just wait n c....wanit n c  Roll Eyes
member
Activity: 113
Merit: 10
July 27, 2017, 05:52:08 AM
Yes agree. They have been very reliable so far.
Lets see before we judge.

And yes, if it all turns out to be a scam everybody can tell me I told you so Tongue
sr. member
Activity: 388
Merit: 250
July 27, 2017, 04:46:29 AM

I'm going to quietly wait and see instead of just jumping on the scam bandwagon blindly like every other fucking muppet does.
newbie
Activity: 8
Merit: 0
July 26, 2017, 06:16:04 AM
I think it is time that I write about my investment failure here as well. Everything was in front of my eyes and I couldn't see the negative outcome.
I think it is time for another update.

https://blockchain.info/address/1hiJahLpuiD5ooMg9CQPwrYjXdDhJ3NP4
Here you can see income I have received from genesis-mining. It is now 5.2 BTC total (5.61-0.41 - I have bought from a friend)
I think we will now settle at 6 BTC after maybe another year. Genesis mining web site now converts 5.2*current price of BTC which shows profit on USD.
 
Here is the dilemma: If you think BTC value will not increase you will not be paid so there is no point in mining, if you think BTC value will increase in the future what is the point in mining, just keep the damn thing in a wallet. Either way do not invest in mining

Mining is profitable in China where there is cheap electricity and they are pretty much exporting coal in a profitable way. But still they are not increasing their assets in terms of BTC, they are getting USD.


full member
Activity: 386
Merit: 178
July 25, 2017, 06:35:18 AM
I think it is better to buy the coin directly.
Oh really?  Shocked

Btw. Since 5 days there's no payout anymore. Does anybody have the same problem?
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