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Topic: Genesis-mining.com || World's leading hashpower provider! - page 32. (Read 400190 times)

hero member
Activity: 1924
Merit: 538
Its a shame they have no way to view total ROI since investing. Seems they may be hiding that information on purpose.

i think this info is available for each investor on their site, however not directly compared to the invested sum .
newbie
Activity: 25
Merit: 0
lol, laughing about myself, because I can't believe I was so stupid to "invest" here. I have decided to revisit this thread from time to time and leave a post for new "investors". Don't go there, or you will loose your money. Buy and hold Bitcoin, and you will make profit. My last "investment" at Genesis Mining was a contract I bought 1 week before the halving. This is the only "lifetime" contract (out of 5 I bought) that still pays out, all others were cancelled. So I have a "passive income" of 0.00020000 BTC being send to me every 4 days. lol

I compared this last contract with the new one from today. It looks like the conditions of the contract of an upgrade I'd buy today are the very same. So if I buy another contract of 0.1 TH today, would I also receive 0.00020000 BTC every 4 days ? lol
member
Activity: 101
Merit: 10
Support Cryptocurrency.
Its a shame they have no way to view total ROI since investing. Seems they may be hiding that information on purpose.
hero member
Activity: 924
Merit: 501
It is not a scam then ? But for some it is. The support seems to be bad they will not get back to some people but other have no problems. I wonder of the small buyers or big buyers have the most trouble. Depends how much money they want to steal.  Tongue
newbie
Activity: 55
Merit: 0
Better yet, use Coinbase via debit/credit card  and buy $1 a day or hour or whatever, wait till prices go back up and sell.. rence and repeat Smiley

And definitely get paid more then you EVER would by Genesis Mining

Icon



When miners complained on GM Facebook about the termination of contracts, the GM social media team simply copy and paste a template reply and shows the bitcoin difficulty chart. haha

Difficulty can be a real bitch. Open a complain topic about 'Difficulty' not snarl and growl the letter carrier.
.



It is time you tell the world how much you are being paid by Genesis Mining.
legendary
Activity: 1890
Merit: 1031
Better yet, use Coinbase via debit/credit card  and buy $1 a day or hour or whatever, wait till prices go back up and sell.. rence and repeat Smiley

And definitely get paid more then you EVER would by Genesis Mining

Icon



When miners complained on GM Facebook about the termination of contracts, the GM social media team simply copy and paste a template reply and shows the bitcoin difficulty chart. haha

Difficulty can be a real bitch. Open a complain topic about 'Difficulty' not snarl and growl the letter carrier.
.

sr. member
Activity: 448
Merit: 250
Better yet, use Coinbase via debit/credit card  and buy $1 a day or hour or whatever, wait till prices go back up and sell.. rence and repeat Smiley

And definitely get paid more then you EVER would by Genesis Mining

Icon



When miners complained on GM Facebook about the termination of contracts, the GM social media team simply copy and paste a template reply and shows the bitcoin difficulty chart. haha
hero member
Activity: 821
Merit: 503
Better yet, use Coinbase via debit/credit card  and buy $1 a day or hour or whatever, wait till prices go back up and sell.. rence and repeat Smiley

And definitely get paid more then you EVER would by Genesis Mining

Icon

legendary
Activity: 3388
Merit: 3514
born once atheist
This whole cloudmining malarky really baffles me.
 Its like a loan with a really shitty interest rate that goes negative and thus gets closed out before you even get your prinicpal back.
I mean wtf.. seriously?
 Apparently there are still suckers buying contracts that will obviously never roi if you do the math.
idk..maybe its because one likes seeing the dust land in one's account everyday?
If so, do what I do....use that fiat you would throw away at a Genesis cloudmining contract
and simply auto buy a set amount of bitcoin every week/month(whatever your budget) that will approx. match the initial payout
of said contract.
 presto! you have regular payments of bitcoin just like a cloud contract but with added benefit
that payment never goes down when difficulty rises. Also,you can run it as long as you want or cancel anytime.
And if you really got ambitious you could even set it up to look like daily mining proceeds.Imagine that!

hey now! maybe theres an app for that?  Cheesy
member
Activity: 62
Merit: 10
@ostalakar :
Normally we do not discuss tickets in this forum, but the total payment was returned a few weeks ago. Sadly banks take a large fee for their services, but since us switching banks was a special occurrence, those costs have also been compensated, as we had promised. Due to holidays that may not have happened as quick as usual, for which we apologize sincerely.


Yeah but I was not getting any response from your side. You just give me hashrate compensation for my loose in bank transfer fees which is good. I was only waiting this.



Thanks & happy mining !

 Smiley
legendary
Activity: 1932
Merit: 1737
"Common rogue from Russia with a bare ass."
@Genesis-Mining

Would you please clarify claims made by BitClub Network regarding your arbitrage betting front runner bot?

Quote
the strongest Bitcoin arbitrage platform in history

Do you have any plans to offer this to the general public, or must one go thru BCN in order to invest in it?

Are you trading significantly with this bot on your own account?
I ask because, should it fail to predict the future (a difficult task even for a bot) and expose you to major losses, would this impact on your mining payouts, or would the speculative 'arbitrage' funds be ringfenced?

The bot I refer to is explained here, by your CFO to one of the BitClub Network affiliate marketers


 



sr. member
Activity: 430
Merit: 250
@ostalakar :
Normally we do not discuss tickets in this forum, but the total payment was returned a few weeks ago. Sadly banks take a large fee for their services, but since us switching banks was a special occurrence, those costs have also been compensated, as we had promised. Due to holidays that may not have happened as quick as usual, for which we apologize sincerely.


---

In other news, one hot topic is the future of Bitcoin Mining. Below is part of an article written by Nick Hastreiter of The Huffington Post showing our CEO Marco Streng's vision:

Q: What’s the future of Bitcoin in general?
Marco Streng: When you look at the Gartner Hype ycle and consider 2014, we were clearly at the “Peak of Inflated Expectations” point, then we dropped directly into “Trough of Disillusionment” and now the industry as a whole is fighting it’s way towards productivity. There has been lots of venture capital invested into some really amazing Bitcoin focused startups lead by incredible entrepreneurs. This capital is currently being deployed and an entire infrastructure is being built, which of course, takes a long time. Where the industry goes from here largely depends on these entrepreneurs and companies to make sure they leverage this amazing technology to solve real problems that real people and companies need solved.

Click here for the entire interview: http://www.huffingtonpost.com/entry/whats-the-future-of-bitcoin-mining_us_57c22ff9e4b00c54015e2ec3

legendary
Activity: 1890
Merit: 1031
Hello everyone !

There is now one month I decide to take 200Mh/s X11

I have pay with a wire. During this time, GM change bank account.

So I loose 3 weeks to get my money back. BUT when I get money back, due to bank fees I loose more than 50 EUR.

GM say's they will pay me the the loose fund. But they don't give me any response on my ticket since many weeks now.

So: they change bank account, and so If you loose money because due to refund, it's you're problem..... Angry Angry Angry Angry


Genesis Mining = SCAM


Ticket number: 57392


Strange story.... Undecided
sr. member
Activity: 266
Merit: 250
Hello everyone !

There is now one month I decide to take 200Mh/s X11

I have pay with a wire. During this time, GM change bank account.

So I loose 3 weeks to get my money back. BUT when I get money back, due to bank fees I loose more than 50 EUR.

GM say's they will pay me the the loose fund. But they don't give me any response on my ticket since many weeks now.

So: they change bank account, and so If you loose money because due to refund, it's you're problem..... Angry Angry Angry Angry


Genesis Mining = SCAM


Ticket number: 57392



If they were to wire the funds back to you, they have to pay additional banking charges! They have not got you as a customer but yet they are already losing money.
sr. member
Activity: 471
Merit: 500
Can any users run a calculation and tell me the cost in term of USD/KHW? Thanks in advance.
member
Activity: 62
Merit: 10
Hello everyone !

There is now one month I decide to take 200Mh/s X11

I have pay with a wire. During this time, GM change bank account.

So I loose 3 weeks to get my money back. BUT when I get money back, due to bank fees I loose more than 50 EUR.

GM say's they will pay me the the loose fund. But they don't give me any response on my ticket since many weeks now.

So: they change bank account, and so If you loose money because due to refund, it's you're problem..... Angry Angry Angry Angry


Genesis Mining = SCAM


Ticket number: 57392

hero member
Activity: 1924
Merit: 538
Hello Miners,

Due to popular demand we are out of Ethash. Sadly we cannot say yet when we will be able to offer new Ethereum Mining contracts, but as always we will do our best to offer you new possibilties as soon as possible.


Also, if you haven't noticed yet, our X11 pricing for 2 year contracts, is as follows::

  • 2.5 MH/s - $20 USD
  • 60 MH/s - $420 USD
  • 300 MH/s - $1,800 USD


And again, please be very careful with emails that appear to be coming from us. We are working on a solution, but in the mean time be very careful with any emails asking you for login details, or asking you to visit some site or log in somewhere, or emails that contain attachments. Please be aware that as a cryptocurrency user, you are a target for hackers, not just with Genesis Mining but with any account or wallet you might use such as Bitcointalk.org or Blockchain.info, or any of the many, many others. For anything and anywhere, assume someone is out to get your details, so protect your computer, phone or other device with proper and up to date security software, use secure and different passwords on every site and service, activate 2 Factor Authentication wherever possible, and make use of any other security features available on the website or wallet you use. And last but not least, use common sense.


Happy mining!



It is not challenging to resolve problem with your e-mails. I am somewhat surprised G M, as a technology company is not able to resolve it swiftly.

the solution could be the institution of a method to authenticate their emails .
sr. member
Activity: 266
Merit: 250
Hello Miners,

Due to popular demand we are out of Ethash. Sadly we cannot say yet when we will be able to offer new Ethereum Mining contracts, but as always we will do our best to offer you new possibilties as soon as possible.


Also, if you haven't noticed yet, our X11 pricing for 2 year contracts, is as follows::

  • 2.5 MH/s - $20 USD
  • 60 MH/s - $420 USD
  • 300 MH/s - $1,800 USD


And again, please be very careful with emails that appear to be coming from us. We are working on a solution, but in the mean time be very careful with any emails asking you for login details, or asking you to visit some site or log in somewhere, or emails that contain attachments. Please be aware that as a cryptocurrency user, you are a target for hackers, not just with Genesis Mining but with any account or wallet you might use such as Bitcointalk.org or Blockchain.info, or any of the many, many others. For anything and anywhere, assume someone is out to get your details, so protect your computer, phone or other device with proper and up to date security software, use secure and different passwords on every site and service, activate 2 Factor Authentication wherever possible, and make use of any other security features available on the website or wallet you use. And last but not least, use common sense.


Happy mining!



It is not challenging to resolve problem with your e-mails. I am somewhat surprised G M, as a technology company is not able to resolve it swiftly.
sr. member
Activity: 430
Merit: 250
Hello Miners,

Due to popular demand we are out of Ethash. Sadly we cannot say yet when we will be able to offer new Ethereum Mining contracts, but as always we will do our best to offer you new possibilties as soon as possible.


Also, if you haven't noticed yet, our X11 pricing for 2 year contracts, is as follows::

  • 2.5 MH/s - $20 USD
  • 60 MH/s - $420 USD
  • 300 MH/s - $1,800 USD


And again, please be very careful with emails that appear to be coming from us. We are working on a solution, but in the mean time be very careful with any emails asking you for login details, or asking you to visit some site or log in somewhere, or emails that contain attachments. Please be aware that as a cryptocurrency user, you are a target for hackers, not just with Genesis Mining but with any account or wallet you might use such as Bitcointalk.org or Blockchain.info, or any of the many, many others. For anything and anywhere, assume someone is out to get your details, so protect your computer, phone or other device with proper and up to date security software, use secure and different passwords on every site and service, activate 2 Factor Authentication wherever possible, and make use of any other security features available on the website or wallet you use. And last but not least, use common sense.


Happy mining!
legendary
Activity: 1890
Merit: 1031
let them keep coming boys dash for the win.

Dash did so good!  Ethereum price peek i have seen coming, but Dash did out perform my wildest dreams.

I think Dash has a great community working perfectly, and the have his cool Youtube channel: https://www.youtube.com/channel/UCAzD2v9Yx4a4iS2_-unODkA/videos


What do you think, dash already been on its all time high, or will we seen 16/17 dollars soon  Smiley
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