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I was just at TNABC the other day, where Genesis Mining had a stand (as did Ledger, the hardware wallet maker). I took some photos, and may write my visit up at my blog.
A quick look around here did not show a thread (of course I may not have been looking in the right place).
I would be very interested to hear of any experiences from any of you re Genesis, I am considering an investment (I too am iinterested in growing my BTC pile).
*** I do understand that most mining contracts are either "Ponzi" or uneconomic. But, I would definitely like opinions. ***
Thank you!
Don't do it. A year ago Genesis Mining ripped their customers off big time. They switched expensive scrypt hash 16 USD per MH for cheap sha hash (less then 1 cent per GH).
There was nothing their users could do, expect for taking a 90% loss.
The time prior to that was bad too. They overcharge the maintenance fees by over 30%...
If you look good you will find many experiences like mine.
My personal experience is very bad.