Topic: Scam alert : Do NOT INVEST in Genesis Mining - page 16. (Read 257821 times)

Their is a difference between lucky and smart, but you buying contracts at that time is luck. I'm not saying that your not smart too, but I think it was more luck. Wait 6 months and put all your earnings back in again. I would love to hear about this success in 365 days.

My 2 satoshis :

I bought a XMR contract a few months ago on Genesis. It's still doing "good". Nothing incredible, but the ROI is here (I transfer my earnings to exchange sites).
It's a 2 year contract, without maintenance fees (so they can't discard it). I paid $80 and earn about $15 a month.

(and I don't even post an affiliate link )

why so many people talking like that about genesis ROI i calculated and found out that my ROI  would take up to 6 months (5 in the best cases) it depend on a lot of thing actualy it doesnt depend on genesis
I invested aproximate 2.5k in ether and bitcoin $ and currently make Aproximate more than 20 $ a day

Having a number of mining farms with unknown precise locations in Europe, America and Asia, Genesis Mining started around 2013. Exact whereabouts are privately hidden for safety and security reasons.

Genesis mining is deniably the most famous as well as substantially huge cloud mining company for coins like Ethereum, Bitcoins and others. Enlisted with the SEC for a Bitcoin mining fund, it is considered crystal-clear with it comes to transparency and legitimacy, therefore concluding not a scam.

But we cannot conclude that Genesis Mining is profitable, we are only implying that it is legit since it gives us the true service they promised us.

We are safe to say that the until the moment the contracts gains profit, you’ll still be able to mine and take in payouts, since these mining contracts last a lifetime bearing no maturity date.

I think yu can earn with genesis a lot of people do , the more people come to genesis and invest the more it get stronger aginst concurencie and the more all the genesis mining customer earn together Smiley
if yu want a try genesis yu can do with small amount and see what happen but don't listen what people say when they just hating for whatever the reason
Invest a bet and just watch lol Smiley
By the way to get yur 3% off on Genesis contracts here my promo code  LSfs3q

Agreed. A lot of youtubers seem to be promoting genesis-mining and showing off their incredible stats. Either that they are plain stupid or they are taking advantage of unsuspecting newcomers to bitcoin who uses their code to buy everything.

I've bought genesis mining before the halving, i bought the lowest available for bitcoin mining which was 50gh/s i think. It was sold to me for 0.05 BTC. When I got it it was paying ok, but the rates quickly diminished to 0.00005 btc every three days. After the halving it just stopped producing profit altogether.

Don't use anyone's promo codes. Don't even invest. It's not worth it.

This BTCDream dude is just tricking his twitter followers into using his promo codes, making numbers out of his arse

Did they terminate these contracts forever? I think now all contracts that were not profitable some time ago became profitable.

Do you believe it ?
SS your contracts.
#@$# off GM puppet,doll or whatever.
Spending a lot of money in GM and satisfied ?
As far as i know,if you 'invest' in GM you wont get your ROI.
What you get is only 'maintenence fee,electricity fee,bla bla bla'.
If i was you i would buy a lot of altcoin and get 200% ROI.

A lot of complain happened in facebook (example) and they replied :
Because the diff's high your contracts no loonger profitable,the hell with that

Oh, man... Did you really spend half a million on another 4400 TH/s?

That's much better than buying that hashrate in January (instead of investing in alts - people made x5 in 4 months while BTC mining didn't even get to ROI), but anyway that's a madness. I'm wondering what is your total investment in crypto. And you must have a fortune in other assets if you can afford investing in crypto that much.

How did you get 10% bonus?

Thanks for this cool update, it inspires me al lot to keep mining those coins.

if he did invest his own money I'm sure he would be disappointed at the moment
most likely he is an affiliate , cause the only way to be happy with Genesis Mining is to promote your discount code and sell people false dreams
you can check some youtube scammers like Trevon James , he is making a lot simply because he is scamming his subscribers money
he even turned off the like/dislike cause a lot of people are disliking his videos

You never answered a simple question - how much BTC did you "invest" in Genesis?

Yeah it's bs I got scammed by them as well.

Review and Update.

Latest payouts.  

Payouts   Date               Amount  
111        5/16/2017        0.51544566
112        5/17/2017        0.52049778
113        5/18/2017        0.52497492
114        5/19/2017        0.53666007
115        5/20/2017        0.54104101
116        5/21/2017       0.54570552

Total Mined BTC to date = 51.92250387

At this point. I just want to express my appreciation to the many people on here that made fun of me. You inspired me in so many ways. I wanted to help all of those that got scammed by buying up all the rest of the GM contracts. So I did and now they are gone. Or at least they were for a few days.  Oh well I tried.

I bought an additional 4000 Th/s and got a 10% bonus. Which puts me at a total of 5920 Th/s.

This at least sold out GM for a couple of weeks I hope I saved a lot of people from getting scammed.

But seriously.  I will continue to post results and trolls are going to troll.

For those of you investing in any form of crypto I wish you well. You will be rich someday soon.

As for you haters. You can watch me count my money.


117        5/22/2017        2.13939590
118        5/23/2017        2.00310607
119        5/24/2017        2.06680662
120        5/25/2017        2.09814201
121        5/26/2017        2.05129196
122        5/27/2017        1.95518482
123        5/28/2017        2.0006869
124        5/29/2017        2.02275207



Total Invested.

   Investments   Hashpower (Th) Total Hashpower = 5920Th  Total $$$ = $711,672.00

1   $25,250.00                  200
2   $25,250.00                  200
3   $12,610.00                  100
4   $2,522.00                    20
5   $25,220.00                  200
6   $25,220.00                  200
7   $25,220.00                  200
8   $25,220.00                  200
9   $25,220.00                  200
10 $520,000.00                 4000 (+400 Bonus)




Any Questions please PM me or find me on twitter. @BTCDream.

Thank you

Will continue posting results
https://imageshack.com/i/pnuaPWAIjhttps://imageshack.com/i/pokVY6B1j

Genesis mining has a large group of investors. Most of them trying to make a living off it.

The company itself seems legitimate , or at least more legit than most other obvious ponzi schemes/scams in the cryptoworld that pose as some sort of legitimate cloud mining website. It has a youtube channel with thousands of subscribers and constantly updating with content of their mining rigs etc.

However you never know what coin your contract is actually mining. Fro example the owner may think that an altcoin with the same algorithm may be more profitable to mine ,you buy the contract thinking that they're mining one coin but they're actually making more mining another.

With the price increases it seems like everyone's doing decent, but just watch out when the price decreases.


don't advertise your ref link here.

I invested aproximate 2.5k in ether and bitcoin $ and currently make Aproximate more than 20 $ a day

Having a number of mining farms with unknown precise locations in Europe, America and Asia, Genesis Mining started around 2013. Exact whereabouts are privately hidden for safety and security reasons.

Genesis mining is deniably the most famous as well as substantially huge cloud mining company for coins like Ethereum, Bitcoins and others. Enlisted with the SEC for a Bitcoin mining fund, it is considered crystal-clear with it comes to transparency and legitimacy, therefore concluding not a scam.

But we cannot conclude that Genesis Mining is profitable, we are only implying that it is legit since it gives us the true service they promised us.

We are safe to say that the until the moment the contracts gains profit, you’ll still be able to mine and take in payouts, since these mining contracts last a lifetime bearing no maturity date.

I think yu can earn with genesis a lot of people do , the more people come to genesis and invest the more it get stronger aginst concurencie and the more all the genesis mining customer earn together
if yu want a try genesis yu can do with small amount and see what happen but don't listen what people say when they just hating for whatever the reason
Invest a bet and just watch lol
By the way to get yur 3% off on Genesis contracts here my promo code  LSfs3q

I am still happy with them. I made 89$ out of around 380$ investment since 2 months on the day today!
i started with 30mh/s x11 and 7.5 scrypt. I did reinvest into sha-256 0.5th and 2mh/s etherhash in that time

1800$ invested in 2 year LTC contract of 140MH,

I'm happy as $#!+ with it.

Even given the profitability has gone down and maybe I could have done better buying and holding or day trading but that takes time.

lol so now everyone who differs of the oppinion that genesis is a scam is associated with them? Well i wish i was to be fair!

While i see some of you here bitching about it. I get paid. In fact, its a shame they no longer sell lifetime contracts, hence why i offer to buy them up from people who dont want them

I made an offer and noone has contacted me yet wanting to sell their "aparently horrendous" investments into lifetime contracts. So guess everyone is happy after all heh?

I cannot vouch for their altcoin contracts... 2 years probably to low to get a decent ROI! but the lifetime BTC has been steady!


I don't live off forums, those times are long gone for me, i actually have a life lol perhaps unlike you?

Well that's the project you get a substantial portion back, however not 100, and ROI... well you can forget about that.
It's a shame there are still a lot of guys promoting this scam/business oppertunity.

Thank you for the edit and your feedback. Good luck with your "investment". I hope you get most of your money back.