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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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nova-rider
Member
 Offline
Activity: 70
Merit: 10
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July 20, 2016, 09:16:44 PM |
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Cloud mining, as usual a problem for many people
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Phildo
Legendary
Offline
Activity: 1526
Merit: 1000
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July 20, 2016, 11:43:28 PM |
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Cloud mining, as usual a problem for many people
Only those who lack the common sense or math to realize how stupid it is. People with functioning brains get a great comedy ROI by laughing at people that lose all their money. |
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sluppy
Legendary
Offline
Activity: 2020
Merit: 1041
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July 21, 2016, 04:31:20 PM |
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They don't actually lie at least from what ive seen on their site their just upfront about fucking you over.
For example one year Eth 100 MHz 3700 bucks lets say Eth pays 9 bucks a day for 100mhz (its a little less but its easier.)
You will need a year with over 410 days in it to make money.(if the diff and price would remain static witch it wont.)
So their not really dishonest their just counting on their customers to be Idiots that cant do simple math.(but but but you can bet on Eth going up in price so you roi *then your better of buying ETH and holding for your 3700 bucks , And No the difficulty wont drop unless the price goes into the toilet so that no win either.)
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The only thing necessary for the triumph of evil is for good men to do nothing. Edmund Burke -- May the forces of evil become confused on the way to your house.George Carlin
We pay for life with death , so everything in between should be free. Bill Hicks -- It is during our darkest moments that we must focus to see the light. Aristotle
Do not dwell in the past, do not dream of the future, concentrate the mind on the present moment. Buddha -- The only true wisdom is in knowing you know nothing. Socrates
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EpStROM
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July 27, 2016, 07:15:29 PM |
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Their support is the best, it doesn't reply, they close ticket's without any explanation, they are great...    I would check the payment page, maybe other people have also had missing payments too. |
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tbonetony
Sr. Member
Offline
Activity: 441
Merit: 250
No zuo no die why you try, u zuo u die dont be shy
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July 29, 2016, 05:20:39 AM |
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Their support is the best, it doesn't reply, they close ticket's without any explanation, they are great... I would check the payment page, maybe other people have also had missing payments too. Such customer service is ridiculously unbearable. If they have already admitted to their own mistake, then they should pay out to the customer instead withholding the payout, not even to consider the time it took get things going. I was thinking of investing in them just as of two weeks ago but then I held back. My instinct pulled me back from this shady game. |
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olubams
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August 17, 2016, 08:33:31 AM |
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Thanks guys for this eye opener thread. A life has been saved now I know better than to commit my fund in a place where youre not allowed to make capital withdrawal and pay few satoshis on your investments... Thanks guys
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Glucose (OP)
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August 20, 2016, 07:25:24 AM |
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Thanks guys for this eye opener thread. A life has been saved now I know better than to commit my fund in a place where youre not allowed to make capital withdrawal and pay few satoshis on your investments... Thanks guys
You are welcome. Don't give them even 1 satoshi. |
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Pro Gamers
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August 21, 2016, 01:35:40 AM |
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I do not understand how people keep putting money into it.
Its simply happen because not every people are well knowledge enough about this. There are new bitcoin users each days let say and this kind of program most likely do is to get those people and let them think that investing with them is the right way to make profit. Which we all here knows that it is not. Ive seen most this in fb group. |
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tharani
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August 27, 2016, 08:16:40 AM |
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thank god i should have checked scrypt.cc or eobot here before investing
but i checked about genesis mining , thank god atleast i saved my money.
does anyone know a good site to invest and mine doges.??
i will be able to invest 100-150 doges daily.
thanks!!!
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send me a message if you want your signature to be posted
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Pro Gamers
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August 27, 2016, 11:49:16 PM |
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thank god i should have checked scrypt.cc or eobot here before investing
but i checked about genesis mining , thank god atleast i saved my money.
does anyone know a good site to invest and mine doges.??
i will be able to invest 100-150 doges daily.
thanks!!!
Dont blame yourself many people lose money on scrypt including me. And about doge the coin is almost dying so i dont think there is a good place to invest it, hashnest used to accept it but stopped a long time ago. |
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Glucose (OP)
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September 14, 2016, 08:19:40 PM |
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thank god i should have checked scrypt.cc or eobot here before investing
but i checked about genesis mining , thank god atleast i saved my money.
does anyone know a good site to invest and mine doges.??
i will be able to invest 100-150 doges daily.
thanks!!!
You are welcome. I hope it will help way more people  |
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Stoidat
Newbie
Offline
Activity: 4
Merit: 0
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September 28, 2016, 06:48:46 AM |
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great one guys .. i'm currently searching for a good place to try cloud mining .. and so far it seems that hashnest is only option with lowest risk ..
gotta do more research it seems ..
pffff ..
i'm tired of scams .. no one wanna work like a business mans these days ?
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favdesu
Legendary
Offline
Activity: 1764
Merit: 1000
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September 28, 2016, 02:46:41 PM |
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great one guys .. i'm currently searching for a good place to try cloud mining .. and so far it seems that hashnest is only option with lowest risk ..
gotta do more research it seems ..
pffff ..
i'm tired of scams .. no one wanna work like a business mans these days ?
then don't invest at all and hold bitcoin... that's a good approach in my opinion |
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kanazawa
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September 28, 2016, 03:11:47 PM |
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A certain time ago, I think maybe 10 months ago, I was pretty convinced that genesis mining had scammed me, but I had a close talk with few veterans and expert mining managers to help me with my thoughts. So I was wrong. The wrong act of my part was to did the investment in a time that difficult had reached high levels and the coin had a considerable devaluation. So, the maintenance costs were getting higher and higher and so I was desperate. But the profitable scenario wasn't present at that moment. I lost 2BTC but many people in these days had a much serious lost. I'm sorry for you guys but to me and to some expert people operating mining farms it was impossible to earn money with cloud mining. Today is the same thing. I just don't like the way Genesis Mining do advertising, because it induces people to bet in their system in a very much devasted moment for this kinda activity.
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deeneendo
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October 03, 2016, 12:21:34 PM |
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Zeta0S, still waiting for those screenshots of your mining income to prove you achieved ROI. Stop shilling and present evidence!
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Zeta0S
Legendary
Offline
Activity: 1890
Merit: 1031
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October 04, 2016, 04:53:55 PM |
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Zeta0S, still waiting for those screenshots of your mining income to prove you achieved ROI. Stop shilling and present evidence!
I did never said i will post screen shots of my personal contracts. I am also not required to do so. |
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deeneendo
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October 05, 2016, 08:20:51 AM |
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you are also unable to. shame!
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tmfp
Legendary
Offline
Activity: 1932
Merit: 1737
"Common rogue from Russia with a bare ass."
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October 05, 2016, 08:31:21 AM |
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Zeta0S, still waiting for those screenshots of your mining income to prove you achieved ROI. Stop shilling and present evidence!
I did never said i will post screen shots of my personal contracts. I am also not required to do so. No, you're not required to shill either. It seems fairly obvious that your only motivation for posting these "Genesis is great!" comments is to earn your grubby 3% referral commission. Your credibility on this subject is zero. And pls, no more "Why are you so angry?" pm's, thanks. Ironically, on the other thread I have posted some rough calculations which indicate that Genesis's maintenance charges are at least logical. Anyone want to check the math out and comment, feel free. I stress that I in no way recommend any cloud mining "investment" period. |
Extraordinary Claims require Extraordinary Evidence |
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