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Topic: Legit bitcoin mining company - page 4. (Read 24500 times)

sr. member
Activity: 742
Merit: 253
July 23, 2017, 01:06:31 PM
To be very honest on the basis of my experience I find genesis mining is better option than other mining companies

I know why you can say that, maybe because you first plunge in the mining world using genesis. Maybe you can say otherwise if you have understood other mining work systems, such as hashflare. Because I think hashflare is more legit than others
sr. member
Activity: 560
Merit: 286
July 23, 2017, 09:58:06 AM
I have been using hashflare but i think also genesis mining is real. Hashflare can be trusted according to me. It has a bit costlier hashrates available but its safe. But instead of investing in such riskier sites, you can directly purchase some rigs and start mining for yourself
sr. member
Activity: 532
Merit: 280
July 20, 2017, 06:57:01 PM
They are not profitable at all. I have tried at least two of them untill now and both turned into unprofitable sites. They turn scam over the time because they are not able to bear the cost of electricity or equipment that they have at their end. Also send of them are just to make money by making others fool. So best way to earn is by doing real simple signature campaigns and Twitter campaigns and Facebook campaigns and much more. Also you can provide services in bitcoin form you will earn pretty decent money. 100% Right
Doing mining is profitable if you can choose it appropriately. But I strongly urge you never to use cloud mining, buy and setup properly a hardware mining. Signature and bounty are profitable but mining can make you make more money than others. The most important point is you have to be right in choosing the hardware and also the coin that you will do mining.
Strongly agree with you many times i invest in cloud mining but i failed i got scammed by more site that is avoid that investment site and make your own mining site which will gives you much better income. Just make sure your area has good climate to make your hardware will be exist for long period of time.
legendary
Activity: 1596
Merit: 1011
July 20, 2017, 06:47:50 PM
They are not profitable at all. I have tried at least two of them untill now and both turned into unprofitable sites. They turn scam over the time because they are not able to bear the cost of electricity or equipment that they have at their end. Also send of them are just to make money by making others fool. So best way to earn is by doing real simple signature campaigns and Twitter campaigns and Facebook campaigns and much more. Also you can provide services in bitcoin form you will earn pretty decent money. 100% Right
Doing mining is profitable if you can choose it appropriately. But I strongly urge you never to use cloud mining, buy and setup properly a hardware mining. Signature and bounty are profitable but mining can make you make more money than others. The most important point is you have to be right in choosing the hardware and also the coin that you will do mining.
newbie
Activity: 13
Merit: 0
July 20, 2017, 10:54:04 AM
anyone else have experience with hashflare?
newbie
Activity: 8
Merit: 0
July 20, 2017, 10:01:12 AM
They are not profitable at all. I have tried at least two of them untill now and both turned into unprofitable sites. They turn scam over the time because they are not able to bear the cost of electricity or equipment that they have at their end. Also send of them are just to make money by making others fool. So best way to earn is by doing real simple signature campaigns and Twitter campaigns and Facebook campaigns and much more. Also you can provide services in bitcoin form you will earn pretty decent money. 100% Right
newbie
Activity: 42
Merit: 0
July 17, 2017, 03:42:35 AM
To be very honest on the basis of my experience I find genesis mining is better option than other mining companies
full member
Activity: 159
Merit: 100
UTEMIS| pre-ICO 15.02.2018 | +50% Bonus
July 17, 2017, 02:13:22 AM
I'm newbie here,Are there any legit bitcoin mining company or basically most of them are just scam.

Try with eobot, Hashflare, Eligius, Slush pool, BTCC, GBMiners, and MiningHub. Few links;
https://www.eobot.com
https://hashflare.io/r/5A70BA80
https://eligiusmining.com/login
https://slushpool.com
member
Activity: 115
Merit: 10
July 14, 2017, 01:59:06 PM
Genesis mining is the most legit one available. I more recommend to mine yourself. It's cheaper and you will earn way more profit.

Agreed, not to mention that you will have MUCH more transparency with your investment.
sr. member
Activity: 404
Merit: 252
July 14, 2017, 10:12:47 AM
Genesis mining is the most legit one available. I more recommend to mine yourself. It's cheaper and you will earn way more profit.
member
Activity: 78
Merit: 10
July 14, 2017, 10:07:16 AM
#99
I'm newbie here,Are there any legit bitcoin mining company or basically most of them are just scam.

i know that genesis mining and hashnest is legit even for now, they still legit. but for getting profitable with that two company, i think its really difficult for now because bitcoin itself is increase the difficulty and if you don't have big hashrate then you can not make profit.
It doesnt matter, you will profit if your a long term holder, no matter the investment.
legendary
Activity: 2674
Merit: 1226
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July 14, 2017, 03:19:32 AM
#98
What is the deal with Genesis mining? Reading through this thread, some forum members swear by it, and there are others that think it is shyte. Can somebody please clarify if it is safe and advisable to invest there. Thanks in advance....

Look around the internet not just for all those people whining or praising: look for proof of earnings. You will find also honest reviews from reputable websites like 99bitcoins. They will show you proof that genesis is legitimate, but NOT profitable.

Most people are praising it to get referral fees.
sr. member
Activity: 700
Merit: 300
July 14, 2017, 01:45:12 AM
#97
No matter what mining companies are legit as long as they are profitable themselves. This primarily depends on how they are bearing the cost of maintenance and electricity. On top of this their performance needs to stubborn whenever the network difficulty is increasing day by day. If they loos control over any of these factors then start moving downwards in terms of profits. This indirectly effects our earning and to be specific our ROI which then takes even longer than what it was before. The question is do we really earn from them if we skip the expiration date of our contract say by reinvesting our daily earning from the contract itself. Is there really a point where our threshold reaches and finally pays us back?



hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
July 13, 2017, 10:26:52 PM
#96
I'm newbie here,Are there any legit bitcoin mining company or basically most of them are just scam.

i know that genesis mining and hashnest is legit even for now, they still legit. but for getting profitable with that two company, i think its really difficult for now because bitcoin itself is increase the difficulty and if you don't have big hashrate then you can not make profit.
full member
Activity: 168
Merit: 100
Bitcoin is the King
July 13, 2017, 10:22:58 PM
#95
The real deal is here: https://bitcointalksearch.org/topic/ann-giga-watt-best-home-for-your-mining-starts-today-1914900

But you have to go full, as it is real. So there is no small investment. It's one miner minimum and the tokens to go with it.
That's a Legit Mining Company who is opening is door to miners from around the world.

https://giga-watt.com/
https://cryptonomos.com/wtt/
member
Activity: 115
Merit: 10
July 13, 2017, 10:07:31 PM
#94
There used to be semi-legit companies out there. I used to run one. But, unfortunately, bitcoin is no longer profitable to mine in the long term, unless you are Bitmain and make the hardware to mine the coins. We used to work directly with Bitmain, they were genius.

ETH mining may be profitable with Genesis, almost bought a few contracts right before skyrocketed. Wonder if that would have made ROI... hmm

Unfortunately, I purchased an ETH mining contract with Genesis Mining to get my feet wet in the cloud mining arena. However, the timing was less than fortuitous. I got hit with a double-whammy: increasing difficulty and rapidly decreasing prices. My date to ROI keeps getting pushed out further and further. Good thing it was a tiny investment since I probably won't see that investment gamble back.
copper member
Activity: 99
Merit: 10
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July 13, 2017, 09:56:25 PM
#93
There used to be semi-legit companies out there. I used to run one. But, unfortunately, bitcoin is no longer profitable to mine in the long term, unless you are Bitmain and make the hardware to mine the coins. We used to work directly with Bitmain, they were genius.

ETH mining may be profitable with Genesis, almost bought a few contracts right before skyrocketed. Wonder if that would have made ROI... hmm
member
Activity: 78
Merit: 10
July 13, 2017, 06:41:14 PM
#92
What is the deal with Genesis mining? Reading through this thread, some forum members swear by it, and there are others that think it is shyte. Can somebody please clarify if it is safe and advisable to invest there. Thanks in advance....
Its safe, for me its been working so far Smiley
full member
Activity: 210
Merit: 100
July 13, 2017, 01:52:52 PM
#91
What is the deal with Genesis mining? Reading through this thread, some forum members swear by it, and there are others that think it is shyte. Can somebody please clarify if it is safe and advisable to invest there. Thanks in advance....
member
Activity: 78
Merit: 10
July 13, 2017, 07:48:42 AM
#90
i am using genesis-mining and they are paying daily and u are profitable with ur contract always.

Genesis Mining has allowed a lot of us freedoms we've never experienced!!!
Do you use Genesis mining? How about contract? Can be upgrade or need to new contract?
You can purchase more harshpower and it will add up to the ones you currently already have acquired.
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