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Topic: Scam alert : Do NOT INVEST in Genesis Mining - page 38. (Read 257797 times)

hero member
Activity: 714
Merit: 500
one for one and 1 2 3
September 21, 2015, 11:48:38 AM
#2
Until they reply I will add this site to my scam section.
hero member
Activity: 861
Merit: 1001
September 21, 2015, 10:00:26 AM
#1
(Edited May 2018)

Scammer Profile: GENESIS MINING : https://bitcointalksearch.org/user/genesis-mining-247140

This company is scamming people on purpose : they are selling contracts knowing their customers won't get any return on their investment. They are selling "lifetime contracts" but they will only last 2-3 months and will be cancelled when the fees are higher than your payout.

Through this thread, we have collected several testimonies against Genesis Mining :


Other scam accusation threads against Genesis Mining :
https://bitcointalksearch.org/topic/genesis-mining-hasnt-paid-me-for-4-months-big-investment-be-careful-2487178
https://bitcointalksearch.org/topic/genesis-mining-ticket-open-for-more-than-7-months-2511618
https://bitcointalksearch.org/topic/genesis-mining-support-ticket-open-for-over-six-months-2259139
https://bitcointalksearch.org/topic/genesis-mining-super-bad-payouts-3224728

People complaining directly on their facebook official page :
http://imgur.com/7wsvlDo
http://imgur.com/Ot0aYOc

People complaining on the forum :

My next try will be EuroPol... Genesis Mining is a scam, a ponzi. Throughout my contract, they've never ever paid me regularly. Every time, I sent at least 10 e-mails and they paid me something (we can't be sure how much we should get since they don't SHOW unpaid balances, their dashboard NEVER EVER SHOWED the exact amounts, always some erratic numbers, missing payouts... REAL TORTURE!!!...)

This is NOT a broken system, or as they say, a TECHNICAL GLITCH. This is a criminal act. I'll do whatever I can do to get my money back. OR expose Genesis Mining.

G-M sell delusion to its customers , for example ZEC 1 years contract cost about 0.046BTC, daily earning approx 0.00015 zec , with current price of zec i need 10 years to recover my initial investment.

Up to 2/7/2016...I knew this day would come eventually!  I am 168 days into a lifetime 1.5THs contract and it's down to paying $0.02 per day.  It's not dead yet but it's gasping for air.  I paid 2.6310 BTC for this contract and I've collected 0.5438 in payouts from it and that's pretty much all I will ever see back.  I bought this contract as a test hoping to do more later on.  What a total waste of time and money.  If you are thinking of buying a cloud contract from Genesis because of their slick web site, do yourself a favor and just buy and hold BTC instead.

Feel also free to read this review if you are not convinced yet : http://kipicommunity.org/genesis-mining-review-is-it-profitable-to-mine-with-genesis-mining/ )


Instead of answering negatives posts they delete it from their thread :

P.S. GM, if you delete once again my post I promise to open a topic to ask people how much they lose/win with your SCAM. Of course, ZetaOS and IanFoxley, your evangelists will be forbidden to post.

I also suspect ZetaOS (https://bitcointalksearch.org/user/zeta0s-249232), Ianfoxley (https://bitcointalksearch.org/user/ianfoxley-193650), mptak123 (https://bitcointalksearch.org/user/mptak123-32619) of shilling for Genesis Mining on the forum. They are always posting everywhere about the money they are making with Genesis Mining which is a blatant lie.

Put a neutral or negative trust on Genesis mining profile here : https://bitcointalksearch.org/user/genesis-mining-247140. We have to spread awareness about this.
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