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1  Economy / Scam Accusations / Re: Scam alert : Do NOT INVEST in Genesis Mining on: July 07, 2017, 12:07:33 AM
Sure, i can understand if you spent $50usd and you thought you were going to be living the high life in three month's. You would be pretty pissed when your not.

If your lazy expecting to put in no work and get all the reward then you obviously havent been paying attention to the strategy for using the system to your advantage.

Short term investers are better looking somewhere else. This takes discipline and consistency. If your not snowballing every payout back into genesis for the first 5-6 month's then your doing it wrong.

Gensis mining is only ment for the aggressive investor's like myself any many others who still haven't stopped upgrading once whatever goal we set at first is met. You don't quite your job the first month, second, third, etc.... Wherever people are getting this ROI overnight idea is ridiculous. This is a long term investment in bitcoin. This is a dedication to the blockchain itself and a dedication to maintaining it. But if money is all you're concrned about. Then the secret sauce is clear. You remain profitable only if you properly upgrade your hash power to meet the increasing difficulty of mining. Period... Whether you do it at genesis with the worlds largest known documented super computer or at home upgrading every 3-4 months as necessary by increasing difficulty.

It's sad people even need this spelled out.
Over 200TH/s in 4 month's. Now upgrading 50TH/s every 2 weeks forever. 

Tell me it's not profitable? It's a scam?  Grin Grin Grin
Then stay on the sidelines, more contracts for us in the game.  Wink
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