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Author Topic: Scam alert : Do NOT INVEST in Genesis Mining  (Read 228531 times)
mptak123
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October 15, 2017, 01:09:54 AM
 #621

Actually i wrote if difficulty and price stay the same.

Moreover price rise faster then difficulty so my payout is higher as well.

At the moment preditcion is the difficulty will drop by over 6% in less then 2 days.


If you look at the last 3 years, difficulty rise usually faster than price. But you are right for the next difficulty correction.

I think talking about 3 years back is pointless.

Currently BTC is way more popular then 3 years ago.
Moreover main adoption started less then 3 years ago and price did skyrocket.

https://coinmarketcap.com/currencies/bitcoin/#charts

In just 1 last year alone BTC went up from around 600 USD to 5600 USD at this point.

As you see right now there is much more confidence in BTC around the world.

It is only hope for some people in countries like Venezuela, North Korea, Zimbabwe or Cuba.
Japan have BTC legalized and you can pay even for your utility bills.

Right now you have even payment cards you can use to spend your BTC which are not really great in my opinion BTW..

As you see 3 years ago and now it is completely different story and there is a lot of room for improvments which are just behind the corner.

I hope you will drop your sceptical speech because without mining there will be no BTC so you should encourage people instead of spreading the fear.


Ok. Show us what you paid and show us your returns then if you are so confident.

As you wish, please see below 5 pictures uploaded as a proof:

https://ibb.co/kpznmG
https://ibb.co/en6p0b
https://ibb.co/n2hjYw
https://ibb.co/kbsjYw
https://ibb.co/j7c7mG

Hope this will be enough because i showed a lot of decent infomation.

Regards, Marcin



I forgot to mention that current payouts are out of 62,75 th/s.

The rest will be started on 31.10 2017 because they were bought on pre order.

Regards, Marcin

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mptak123
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October 15, 2017, 01:18:45 AM
 #622

Actually i wrote if difficulty and price stay the same.

Moreover price rise faster then difficulty so my payout is higher as well.

At the moment preditcion is the difficulty will drop by over 6% in less then 2 days.


If you look at the last 3 years, difficulty rise usually faster than price. But you are right for the next difficulty correction.

I think talking about 3 years back is pointless.

Currently BTC is way more popular then 3 years ago.
Moreover main adoption started less then 3 years ago and price did skyrocket.

https://coinmarketcap.com/currencies/bitcoin/#charts

In just 1 last year alone BTC went up from around 600 USD to 5600 USD at this point.

As you see right now there is much more confidence in BTC around the world.

It is only hope for some people in countries like Venezuela, North Korea, Zimbabwe or Cuba.
Japan have BTC legalized and you can pay even for your utility bills.

Right now you have even payment cards you can use to spend your BTC which are not really great in my opinion BTW..

As you see 3 years ago and now it is completely different story and there is a lot of room for improvments which are just behind the corner.

I hope you will drop your sceptical speech because without mining there will be no BTC so you should encourage people instead of spreading the fear.


Ok. Show us what you paid and show us your returns then if you are so confident.

As you wish, please see below 5 pictures uploaded as a proof:

https://ibb.co/kpznmG
https://ibb.co/en6p0b
https://ibb.co/n2hjYw
https://ibb.co/kbsjYw
https://ibb.co/j7c7mG

Hope this will be enough because i showed a lot of decent infomation.

Regards, Marcin



I forgot to mention that current payouts are out of 62,75 th/s.

The rest will be started on 31.10 2017 because they were bought on pre order.

Regards, Marcin

Please see below 2 more pictures of old and new contract prices:

https://ibb.co/kMZsLb
https://ibb.co/hc2e0b

Regards, Marcin

Exclusive Genesis Mining 3% offer avaiable with this code uQtLeP
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October 17, 2017, 09:35:19 AM
 #623

When is Genesis coming back with more BTC contracts?
mptak123
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October 17, 2017, 11:26:49 AM
 #624

When is Genesis coming back with more BTC contracts?

Please see below my conversation with VIP assistance serive from today:



Hi Again Raoul

Please see below link to the video on youtube and take notice of 13:45 time of the video.
https://www.youtube.com/watch?v=_UwAgQPE_ZI

My Top 5 Bitcoin Investments - Thanks to 3K Subscribers!
www.youtube.com
My Top 5: Bitconnect: https://bitconnect.co/?ref=CrypTown USI TECH: https://cryptown.usi-tech.info/ Bitpetite: https://bitpetite.com/?aff=cryptown Regal Coin...

Also please inform me upfront as soon you will know confirmed date of new BTC, BCC contracts.

By the way why you don't answer questions about delayed tickets?
Are you not allowed to do so?

Kind regards, Marcin

Od: Genesis Mining VIP Assistance Service <raoul.andersson@genesis-mining.com>
Wysłane: 17 października 2017 10:45
Do: Marcin Ptak
Temat: Re: BTC and BCC contracts
 
Hi Marcin!

I can‘t confirm that at all. Mining which was sold during the pre-sale will come back in October. But no new contracts will be available in October. I expect thencontracts come back in 2017. But I don‘t have any confirmed date yet.
It can be November or December. If it would be October, I would know by now.

I can offer you to inform you upfront as soon as I have the date confirmed.

If you don‘t mind, please let me know the name (maybe) link of the YouTuber so I can talk to him and set that straight.

Best regards,

Raoul

Marcin Ptak <mptak123@hotmail.com> schrieb am Di. 17. Okt. 2017 um 12:02:
Hi Raoul

I am writing to you because one of the Youtubers who have VIP assistance service in Genesis Mining said that contracts are coming back by the end of October.

Do you actually have any news about BTC and BCC contracts?

If you will start BCC mining would it possible to mine BCC out of BTC SHA256 contracts?
At the end of the day BCC and BTC are both SHA256.

Also it is well over 2 months now and my ticket is still open without answer. IT is still processing it.
Do you know how much longer it can possibly take to sort it out?

Thank you in advance for fast response.

Kind regards, Marcin

Exclusive Genesis Mining 3% offer avaiable with this code uQtLeP
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October 17, 2017, 06:20:42 PM
 #625

When is Genesis coming back with more BTC contracts?
Are all scam accusations fixed and everyone is happy that he has invested in Genesis Mining?

In this case the thread should leave the scam accusations section, shouldn't it?

Maybe someone who is still invested can tell me where their mining hardware is located?

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mptak123
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October 17, 2017, 08:13:43 PM
 #626

When is Genesis coming back with more BTC contracts?
Are all scam accusations fixed and everyone is happy that he has invested in Genesis Mining?

In this case the thread should leave the scam accusations section, shouldn't it?

Maybe someone who is still invested can tell me where their mining hardware is located?

Hi

Some of the mining farms are located in Iceland, Sweden and China but there are more just not sure where they are because Genesis Mining is not really sharing this info.

Please see below link to one of the farms in Iceland:

https://www.youtube.com/watch?time_continue=1&v=Eqxu_fwrDZM


Regards, Marcin

Exclusive Genesis Mining 3% offer avaiable with this code uQtLeP
mptak123
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October 18, 2017, 12:26:18 PM
 #627

When is Genesis coming back with more BTC contracts?
Are all scam accusations fixed and everyone is happy that he has invested in Genesis Mining?

In this case the thread should leave the scam accusations section, shouldn't it?

Maybe someone who is still invested can tell me where their mining hardware is located?

Hi

Some of the mining farms are located in Iceland, Sweden and China but there are more just not sure where they are because Genesis Mining is not really sharing this info.

Please see below link to one of the farms in Iceland:

https://www.youtube.com/watch?time_continue=1&v=Eqxu_fwrDZM


Regards, Marcin

Please follow me on Youtube to have a head start info about upcoming SHA 256 open ended BTC Genesis Mining contracts.

https://www.youtube.com/watch?v=RKl0QfIXhu4&feature=youtu.be


Regards, Marcin

Exclusive Genesis Mining 3% offer avaiable with this code uQtLeP
mptak123
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October 19, 2017, 04:20:20 PM
 #628

When is Genesis coming back with more BTC contracts?
Are all scam accusations fixed and everyone is happy that he has invested in Genesis Mining?

In this case the thread should leave the scam accusations section, shouldn't it?

Maybe someone who is still invested can tell me where their mining hardware is located?

Hi

Some of the mining farms are located in Iceland, Sweden and China but there are more just not sure where they are because Genesis Mining is not really sharing this info.

Please see below link to one of the farms in Iceland:

https://www.youtube.com/watch?time_continue=1&v=Eqxu_fwrDZM


Regards, Marcin

News about Monero delayed tickets:

https://www.youtube.com/watch?v=uHqYm90L-eU&t

Please follow me on Youtube to have a head start info about upcoming SHA 256 open ended BTC Genesis Mining contracts.

https://www.youtube.com/watch?v=RKl0QfIXhu4&feature=youtu.be


Regards, Marcin

News about Monero delayed tickets:

https://www.youtube.com/watch?v=uHqYm90L-eU&t

Regards, Marcin

Exclusive Genesis Mining 3% offer avaiable with this code uQtLeP
Zeta0S
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October 20, 2017, 12:29:54 AM
 #629

When is Genesis coming back with more BTC contracts?
Are all scam accusations fixed and everyone is happy that he has invested in Genesis Mining?

In this case the thread should leave the scam accusations section, shouldn't it?

Maybe someone who is still invested can tell me where their mining hardware is located?

Hi

Some of the mining farms are located in Iceland, Sweden and China but there are more just not sure where they are because Genesis Mining is not really sharing this info.

Please see below link to one of the farms in Iceland:

https://www.youtube.com/watch?time_continue=1&v=Eqxu_fwrDZM


Regards, Marcin

News about Monero delayed tickets:

https://www.youtube.com/watch?v=uHqYm90L-eU&t

Please follow me on Youtube to have a head start info about upcoming SHA 256 open ended BTC Genesis Mining contracts.

https://www.youtube.com/watch?v=RKl0QfIXhu4&feature=youtu.be


Regards, Marcin

News about Monero delayed tickets:

https://www.youtube.com/watch?v=uHqYm90L-eU&t

Regards, Marcin
Long time ago I vised this topic.

Thanks for the video, seems they are really working on the problem :-)

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
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October 20, 2017, 02:39:27 AM
 #630

Has anyone else had an issue lately of the Pending Balance section zeroing out but no transactions occurring to send them to your wallets? I have sent them a ticket about it but of course I haven't heard anything yet.
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October 20, 2017, 07:46:49 AM
 #631

Has anyone else had an issue lately of the Pending Balance section zeroing out but no transactions occurring to send them to your wallets? I have sent them a ticket about it but of course I haven't heard anything yet.
Screenshot? So i can see what`s up.

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
mptak123
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October 20, 2017, 10:18:07 AM
 #632

Has anyone else had an issue lately of the Pending Balance section zeroing out but no transactions occurring to send them to your wallets? I have sent them a ticket about it but of course I haven't heard anything yet.

I think I know what is your problem. I assume you paid with credit card and after 30+2 days your balance did zero but you did not receive payout, correct?



If this is the case then unfortunately there was no detail about it:

"Some of you are still missing past Monero, Ethereum and balanced credit card payouts and we want to assure you that our IT and Customer Service team is working hard to get them to you."

Please see recent update about delayed tickets:

http://blog.genesis-mining.com/return-daily-payouts

or

http://blog.genesis-mining.com/september-2017-service-update


Regards, Marcin


Exclusive Genesis Mining 3% offer avaiable with this code uQtLeP
mptak123
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October 20, 2017, 10:43:07 AM
 #633

When is Genesis coming back with more BTC contracts?
Are all scam accusations fixed and everyone is happy that he has invested in Genesis Mining?

In this case the thread should leave the scam accusations section, shouldn't it?

Maybe someone who is still invested can tell me where their mining hardware is located?

Hi

Some of the mining farms are located in Iceland, Sweden and China but there are more just not sure where they are because Genesis Mining is not really sharing this info.

Please see below link to one of the farms in Iceland:

https://www.youtube.com/watch?time_continue=1&v=Eqxu_fwrDZM


Regards, Marcin

News about Monero delayed tickets:

https://www.youtube.com/watch?v=uHqYm90L-eU&t

Please follow me on Youtube to have a head start info about upcoming SHA 256 open ended BTC Genesis Mining contracts.

https://www.youtube.com/watch?v=RKl0QfIXhu4&feature=youtu.be


Regards, Marcin

News about Monero delayed tickets:

https://www.youtube.com/watch?v=uHqYm90L-eU&t

Regards, Marcin
Long time ago I vised this topic.

Thanks for the video, seems they are really working on the problem :-)

Thanks for a kind words. At least I know someone appreciate it.

Have a good day!

Regards, Marcin

Exclusive Genesis Mining 3% offer avaiable with this code uQtLeP
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October 22, 2017, 01:01:33 PM
 #634

When is Genesis coming back with more BTC contracts?
Are all scam accusations fixed and everyone is happy that he has invested in Genesis Mining?

In this case the thread should leave the scam accusations section, shouldn't it?

Maybe someone who is still invested can tell me where their mining hardware is located?

No. They didn't fix anything. They are still scamming people. Btw they never refound anyone who has been scammed by their contracts.

We don't even know where they mine (I'm not talking from a "Geographic" point of view : which pool are they using ? which blocks did they mine ?) Nothing is public.

mptak123
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October 22, 2017, 05:27:51 PM
 #635

When is Genesis coming back with more BTC contracts?
Are all scam accusations fixed and everyone is happy that he has invested in Genesis Mining?

In this case the thread should leave the scam accusations section, shouldn't it?

Maybe someone who is still invested can tell me where their mining hardware is located?

No. They didn't fix anything. They are still scamming people. Btw they never refound anyone who has been scammed by their contracts.

We don't even know where they mine (I'm not talking from a "Geographic" point of view : which pool are they using ? which blocks did they mine ?) Nothing is public.

Hi

Good to see you again.
I must say you are very active hater of Genesis Mining.

Throwing such serious accusations must be backed by some facts right?

Please show us some proofs if this is true.

Btw are you at least client of this company?

Recently in this topic I was providing a lot of evidence after you were asking for it so please do the same.


Regards, Marcin

Exclusive Genesis Mining 3% offer avaiable with this code uQtLeP
mptak123
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October 22, 2017, 06:45:18 PM
 #636

When is Genesis coming back with more BTC contracts?
Are all scam accusations fixed and everyone is happy that he has invested in Genesis Mining?

In this case the thread should leave the scam accusations section, shouldn't it?

Maybe someone who is still invested can tell me where their mining hardware is located?

No. They didn't fix anything. They are still scamming people. Btw they never refound anyone who has been scammed by their contracts.

We don't even know where they mine (I'm not talking from a "Geographic" point of view : which pool are they using ? which blocks did they mine ?) Nothing is public.

Hi

Good to see you again.
I must say you are very active hater of Genesis Mining.

Throwing such serious accusations must be backed by some facts right?

Please show us some proofs if this is true.

Btw are you at least client of this company?

Recently in this topic I was providing a lot of evidence after you were asking for it so please do the same.


Regards, Marcin

One more proof that Genesis Mining is legit and profitable company:


https://www.youtube.com/watch?v=1WbwYbysDjE


Regards, Marcin

Exclusive Genesis Mining 3% offer avaiable with this code uQtLeP
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October 24, 2017, 06:29:33 PM
 #637

When is Genesis coming back with more BTC contracts?
Are all scam accusations fixed and everyone is happy that he has invested in Genesis Mining?

In this case the thread should leave the scam accusations section, shouldn't it?

Maybe someone who is still invested can tell me where their mining hardware is located?

No. They didn't fix anything. They are still scamming people. Btw they never refound anyone who has been scammed by their contracts.

We don't even know where they mine (I'm not talking from a "Geographic" point of view : which pool are they using ? which blocks did they mine ?) Nothing is public.

Hi

Good to see you again.
I must say you are very active hater of Genesis Mining.

Throwing such serious accusations must be backed by some facts right?

Please show us some proofs if this is true.

Btw are you at least client of this company?

Recently in this topic I was providing a lot of evidence after you were asking for it so please do the same.


Regards, Marcin

I was a customer. So yes I know what I'm talking about. I lost money there. And I didn't get any refund. It was like 2-3 years ago. I warned them I would create a thread and keep it updated. It takes me just a few minutes per week so I'm ok saving other naive people some money by doing so.

If you need prove just read first post / their facebook / posts along this thread / other threads about them / the "trust" feedbacks on their profile. It should be enough.
Why would I lie ? And are all these guys also lying ? : https://imgur.com/7wsvlDo + https://imgur.com/Ot0aYOc

+ a lot of people are complaining of monthes without answer form support and missing payouts.

And btw you didn't prove anything. You just proved you bought hashing power and that you get some payment.
It doesn't prove you make any profit. I'm talking of $ but also of a profit in bitcoin.

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October 24, 2017, 07:28:17 PM
 #638

When is Genesis coming back with more BTC contracts?
Are all scam accusations fixed and everyone is happy that he has invested in Genesis Mining?

In this case the thread should leave the scam accusations section, shouldn't it?

Maybe someone who is still invested can tell me where their mining hardware is located?

No. They didn't fix anything. They are still scamming people. Btw they never refound anyone who has been scammed by their contracts.

We don't even know where they mine (I'm not talking from a "Geographic" point of view : which pool are they using ? which blocks did they mine ?) Nothing is public.

Hi

Good to see you again.
I must say you are very active hater of Genesis Mining.

Throwing such serious accusations must be backed by some facts right?

Please show us some proofs if this is true.

Btw are you at least client of this company?

Recently in this topic I was providing a lot of evidence after you were asking for it so please do the same.


Regards, Marcin

I was a customer. So yes I know what I'm talking about. I lost money there. And I didn't get any refund. It was like 2-3 years ago. I warned them I would create a thread and keep it updated. It takes me just a few minutes per week so I'm ok saving other naive people some money by doing so.

If you need prove just read first post / their facebook / posts along this thread / other threads about them / the "trust" feedbacks on their profile. It should be enough.
Why would I lie ? And are all these guys also lying ? : https://imgur.com/7wsvlDo + https://imgur.com/Ot0aYOc

+ a lot of people are complaining of monthes without answer form support and missing payouts.

And btw you didn't prove anything. You just proved you bought hashing power and that you get some payment.
It doesn't prove you make any profit. I'm talking of $ but also of a profit in bitcoin.

Hi again

Once again you are giving just empty words.

You did not mention what kind of contract you used to have(did they broke contract rules?), what was your upkeep rate, what was the price of contract.

What you did say is that you did not buy a lot which makes it less profitable in the frist place because of higher price per gh/s on small contracts.

When it comes to unhappy customers I do understand people who are waiting for their tickets to be solved very long.
From the other hand wrong investment in such unpredictable business like mining is investors foult.


It is impossible to predict price and difficulty changes and of course there is risk involved.
Remember that every 4 years block reward halving take place in BTC mining: http://www.bitcoinblockhalf.com/
Moreover there could be better coin showing up at any time or new mining hardware like it was with Bitmain --> Dash contracts.
Also there could be theft(hack) involved like it was with Mt.Gox.
This resulted in big BTC price dip because back in the days Mt.Gox was taking care of 70% BTC transactions. I suspect this was a reason why your contract came to an end.

Take notice that now BTC exchanging is way more decentralized so the risk that the hack will have significant impact is much lower.

There are also projects like omnisego or kyber network which are big prospects when it comes to even better way of exchanging our cryptos.


You call happy people who made profit puppets. Maybe they just thought their investment through better then you?

I gave you videos, pictures, calculations, dates, payout proofs but still you say that I did not prove anything.

This is ridicoulous or maybe you didn't even bother to look through what I posted?

It is not a rocket science to calculate that that I made a big profit if I still receive over 50 USD a day after more then 18 months (to make it easier 1 USD=3,6 PLN).
In the video you can also see how much I spend on my contracts and when it was.

Regards, Marcin

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October 25, 2017, 01:19:33 PM
 #639

ALl mining investments are ponzi scam!
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October 25, 2017, 04:23:44 PM
 #640

Hi again

Once again you are giving just empty words.

You did not mention what kind of contract you used to have(did they broke contract rules?), what was your upkeep rate, what was the price of contract.

What you did say is that you did not buy a lot which makes it less profitable in the frist place because of higher price per gh/s on small contracts.

When it comes to unhappy customers I do understand people who are waiting for their tickets to be solved very long.
From the other hand wrong investment in such unpredictable business like mining is investors foult.


It is impossible to predict price and difficulty changes and of course there is risk involved.
Remember that every 4 years block reward halving take place in BTC mining: http://www.bitcoinblockhalf.com/
Moreover there could be better coin showing up at any time or new mining hardware like it was with Bitmain --> Dash contracts.
Also there could be theft(hack) involved like it was with Mt.Gox.
This resulted in big BTC price dip because back in the days Mt.Gox was taking care of 70% BTC transactions. I suspect this was a reason why your contract came to an end.

Take notice that now BTC exchanging is way more decentralized so the risk that the hack will have significant impact is much lower.

There are also projects like omnisego or kyber network which are big prospects when it comes to even better way of exchanging our cryptos.


You call happy people who made profit puppets. Maybe they just thought their investment through better then you?

I gave you videos, pictures, calculations, dates, payout proofs but still you say that I did not prove anything.

This is ridicoulous or maybe you didn't even bother to look through what I posted?

It is not a rocket science to calculate that that I made a big profit if I still receive over 50 USD a day after more then 18 months (to make it easier 1 USD=3,6 PLN).
In the video you can also see how much I spend on my contracts and when it was.

Regards, Marcin


Blablablabla. I don't care little puppet.

If you believe it's profitable, get the fuck away from here and invest what you want. Go back to your Genesis Mining youtube videos getting your referees.
I'm not forcing you not to do so. Feel free to lose your money with them.
I'm just warning others.

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