Topic: Scam alert : Do NOT INVEST in Genesis Mining - page 3. (Read 257756 times)

Genesis Mining didn't pay me since 1 month and a half. I sent them an email since 2 week, because i couldn't send them a message in the dashboard.
They said that they were investigating the missing payments of ETH. They also put this on their Twitter account.
I don't know what is happening. Payments also stopped to be written on the dashboard. (It stopped since the 10th march). But the payments they wrote before didn't get paid.
Did they got their hardware stolen? Their was an article last month about millions of mining rigs being stolen. They still didn't close my ticket.
I hope they will give us a response.

To Genesis Mining...


you don't give me daily payout figures for XMR for 2 months now, you paid me 0.4 XMR 12 days ago that still hasn't arrived, 6 tickets and all you reply it IT is checking it, refund my bloody money or pay me my XMR, you could check the blockchain in 2 mins and pay me but still you don't, you are not a honest organisation!!!!

https://chainradar.com/xmr/transaction/0000000000000000000000000000000000000000000000000000000000000000 <---- the transaction joke!

Just beware of Genesis Mining. Their payouts is horrible and you have no control about. Never ever buy contracts like Monero etc.
Wether they have technical payout Problems or simply scamming or are not in the Position to organize the payouts ... who knows.

Safe the money and buy GPU's instead.

A horrible Company

Yes, that is possible but in the amount of USD, not Bitcoin. It's also happened to me but it's not in short-term like only ten months.

Check my post here about my investment here in Genesis-mining: https://bitcointalksearch.org/topic/m.31779810
 

Is that true? Because my facebook friend said that he got the money back after 10 months he makes an investment in Genesis Mining (Bitcoin Mining). He said that he got ROI faster because at the end of the year 2017 the Bitcoin price was very high so he got ROI faster than they calculated before. Idk it's the true story of him or not.

Tired and worried of all the scams in ICO space and around? So are we. We've started a telegram group to discuss about sketchy ICOs, scams and shady teams.

Join the group and stay away from scams: https://t.me/icoscamsdetector

I already got my ROI in Genesis Mining after two year but not in figure of bitcoin.
As I remember I invest 0.035 bitcoin (20-50 usd a lifetime contract) which is at the time the price of bitcoin is only 500$ something. Today I can only get may payout every 3 week after or even a month.

I also thought that Genesis Mining was a scam after buying a contract with a credit card. They paid me the ETH (for the first month) only after 5 months. I wrote them maybe 3 times.
They did send payment every week after the first month. Now the payment is only every 2.5 weeks. But we need to understand that the mining difficulty also got bigger. And the transaction fees is also more expensive.
That's why they are sending the payment less often. If you mine with your computer, you may understand them.

They also sometimes have problems with their transactions. When the Cryptokitties were released on the Ethereum blockchain, every transactions were stucks. So, they couldn't send us the mining rewards. After writing to them (or maybe they have seen it?), they send the rewards after some days.

I think that the new mining contracts are too expensive. But who know the real price of ETH or Bitcoin? It is a risk like when you are doing trading or participating in an ICO.

If you want to be certain to receive your coins/tokens, it is faster to buy them directly than buying a mining contract. But a mining contract is maybe cheaper. But you have to wait longer and you also have to know when to sell/trade your coins. Also you don't know what the coin will be worth in the future.

I decided to re-open this thread. I think new investors in the crypto world these days should still be warned about Genesis Mining.

But not capable of answering tickets in a reasonable timeframe, or correcting problems they created at all.

Hi

I must say I totally don't understand comments like that.

I guess my answer should be Great platform, invest. LOL


Regards

Another mining scam. Avoid.

Before you start insulting people you should do your reasearch.

On my youtube channel there are also crictics about Genesis Mining and do you think "professional shills" would do that?

I also promote Bitconnect which is HYIP platform which is way more risky but gives better returns. Do you think I would do that again if I was "professional shill" ?


Best Regards

Even this topic is invaded buy professional shills from Genesis Mining, the well known ZetaOS and now mptak123
This company is toxic, the cancer of cryptocurrency.

Another Genesis Mining pre sale is live NOW with start date 15th of March 2018:

https://www.youtube.com/watch?v=-QdHnIBGXs8


Happy Mining!

Another Coin scam is coming COINCROWD !! Don't invest, don't buy coincrowd - COINCROWD TRUFFA

I said and proved many times that I already made a huge profit within 18 months with Genesis Mining.
My open ended BTC contracts are still live and now they still pay better then ever before.
It is very simple calculation and it is not "delusioanl' for sure.

You can see history of my profits in my last video on youtube: https://www.youtube.com/watch?v=SeZj-7GudHQ


Go to 3m of the video to see it.

As a newbie, I have gained a lot from this discussion so far.

Any cloud mining company will lose you almost all your money....anyone who hasn't realized this by now is delusioanl

Hi

If you want o buy for few dollars then Genesis Mining is not for you.

The best contracts are open ended BTC which are sold out at the moment and they will not come back until April probably.


Best price level per 1TH/s start from 25TH/s contract which is 159usd per 1 TH/s so you need to invest more then few dollars.


Best Regards, Marcin