Topic: Panning to Invest in Genesis Mining, What You Say? - page 2. (Read 2073 times)
Do not even think about it, there s no way you will reach ROI. Ask a lot of questions before you actually invest, lots of people willing to help you out here.
Genesis Mining looks legit, but as it was mentioned, time for investing in cloud mining is not good. Better check main threads of clouds that you are interested and comments of trusted users about rewards, and then take a decision..
don't buy right now becase you will get bust coin as i can see or you get hold of quite new hardware which have less maintenance fee then you can get some more coin still not profitable
No i will just say never invest in cloud mining sites even don't invest in genesis mining as it will take more than year for you to recover your initial investment and also there is no guarantee that genesis will be in operation for more than one year. Non of their mining packages are profitable at the current bitcoin price and their package price.
Thank you all. I conclude
Thanks again, now I am planning to hold 75% in bitcoins and rest 25% in Ether.
- Cloud Mining is no more profitable (especially on genesis mining).
- Even if they have lifetime contacts we can't make much ROI.
- Although there are many Scams in the name of cloud mining, Genesis mining is actually mining but now worth it.
- I should either hold my balance in bitcoins or directly trade in return of alternative coins. Mining is not for me (newbie in mining).
Thanks again, now I am planning to hold 75% in bitcoins and rest 25% in Ether.
glad that you have realized that , cause as many said even if Genesis is legit it doesn't worth the try at all
so yeah buying and holding is way better than putting your money in a cloud mining site
Investing now in cloud mining is very unprofitable. Better wait 2 - 3 months when Bitcoin price will stabilize a bit and then maybe clouds will be in better condition.. In my opinion, now it is too risky..
Thank you all. ning).[/li]
[li]Even if they have lifetime contacts we can't make much ROI.[/li]
[li]Although there are many Scams in the name of cloud mining, Genesis mining is actually mining but now worth it.[/li]
[li]I should either hold my balance in bitcoins or directly trade in return of alternative coins. Mining is not for me (newbie in mining).[/li]
[/list]
Thanks again, now I am planning to hold 75% in bitcoins and rest 25% in Ether.
Good luck to your plan, great that you won't spend your money on a cloud mining site (in general, not just Genesis Mining). And btw, since you've already decided, I think it would be better if you lock this thread. [li]Even if they have lifetime contacts we can't make much ROI.[/li]
[li]Although there are many Scams in the name of cloud mining, Genesis mining is actually mining but now worth it.[/li]
[li]I should either hold my balance in bitcoins or directly trade in return of alternative coins. Mining is not for me (newbie in mining).[/li]
[/list]
Thanks again, now I am planning to hold 75% in bitcoins and rest 25% in Ether.
thanks
Thank you all. I conclude
Thanks again, now I am planning to hold 75% in bitcoins and rest 25% in Ether.
- Cloud Mining is no more profitable (especially on genesis mining).
- Even if they have lifetime contacts we can't make much ROI.
- Although there are many Scams in the name of cloud mining, Genesis mining is actually mining but now worth it.
- I should either hold my balance in bitcoins or directly trade in return of alternative coins. Mining is not for me (newbie in mining).
Thanks again, now I am planning to hold 75% in bitcoins and rest 25% in Ether.
don't do it!
it is simple you can take a look at the history and see how many other cloudmining services were active in the past during all these years. and you can see how many of those had a good name for themselves and people trusted them. now as you can see all of them have ran away with money.
it is simple you can take a look at the history and see how many other cloudmining services were active in the past during all these years. and you can see how many of those had a good name for themselves and people trusted them. now as you can see all of them have ran away with money.
No, don't invest money in Genesis Mining, stay away from them. This company is scamming people on purpose. They are really mining but also they are still scams. The bad thing is that you can't sell ghs here. If you buy lifetime contract in Genesis Mining, remember that you can't ROI, no one can ROI with the fees they are taking on lifetime contracts.
Genesis mining seems to have a good name on Cloud Mining industry (before when I first knew about it, but not sure about it today). I didn't try investing there because I felt like it's hard to get ROI, I mean you'll need to wait so much time and I don't want to risk my money there. There were some threads about Genesis mining here, of course there are both negative and positive feedback. I think it would be better if you read it yourself here and decide what is good for you.
https://bitcointalksearch.org/topic/what-do-you-think-of-genesis-mining-1529913
https://bitcointalksearch.org/topic/genesis-mining-problems-with-payments-1532527
https://bitcointalk.org/index.php?topic=1185909.180
https://bitcointalksearch.org/topic/genesis-minining-is-a-scam-1579556
https://bitcointalksearch.org/topic/what-do-you-think-of-genesis-mining-1529913
https://bitcointalksearch.org/topic/genesis-mining-problems-with-payments-1532527
https://bitcointalk.org/index.php?topic=1185909.180
https://bitcointalksearch.org/topic/genesis-minining-is-a-scam-1579556
Hi Guys,
I am complete noob in crypto mining and I realized that pc from my office is worthless for mining any coin. Now, I just did some research on cloud mining.
I saw positive as well as negative reviews about cloud mining, especially Genesis Mining. Though I would like to give a try.
What is your view? Should I go with Genesis Mining (if yes then which plans) or any other service? or stay away from it?
Thanks in Advance
Dudeperfect
I am complete noob in crypto mining and I realized that pc from my office is worthless for mining any coin. Now, I just did some research on cloud mining.
I saw positive as well as negative reviews about cloud mining, especially Genesis Mining. Though I would like to give a try.
What is your view? Should I go with Genesis Mining (if yes then which plans) or any other service? or stay away from it?
Thanks in Advance
Dudeperfect
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