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Author Topic: Scam alert : Do NOT INVEST in Genesis Mining  (Read 257757 times)
Zeta0S
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October 30, 2017, 02:32:46 PM
 #641

I'd go even a step further and say Genesis Mining is a fraud.

I recently ordered a 100MH/s 2 year contract, and their ETH ouput is very bad. Before I complained the ETH output, I got ~ 70MH/s (average over longer period), after complaining about the inefficiency of their miners, the output increased to about the capabilities of a 80MH/s rig (thats one I actually have at home, so I can compare that quite good), but this was only 2 days ago.
The etherscan.io mining calculator they are refering to alsoc calculates much higher output than Genesis actually does.
Additionally sometimes payouts or achieved ETH are missing a day (even though internally added to the ETH balance) and the initial payout (when paying via CC you get your first payout after ~ 30day) is never shown in the stats. So their stats is basically useless.

Was trying to quit my 2 years contract, but support always writes standard respones.

Should have come to this thread earlier.

DO NOT BUY ANYTHING FROM GENESIS MINING !!!!


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hintegerha
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October 30, 2017, 03:02:54 PM
 #642

looks like here are at least 2 GM affilated posters trying to always have the last word - of course always positive for GM. Maybe the moderator should block them.

Fact is: charging money for performance X, but delivering ~ 30% less performance - is FRAUD !!!

hands off. unless you want to loose money.

the only one that wins in this game is GM
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October 30, 2017, 04:21:31 PM
 #643

Why do we have a newbie here defending GM? The last few pages of this thread seem to be dominated by his exchsne of words with other users. Shilling I would guess...

Sorry that you are disappointed about my statuts(level).
I thought that it is way more important what we have to say instead of how long we are part of Bitcoin Forum.

Following that way of thinking maybe new people should stop posting at all if you think they should not defend their opinions?


Please add something important to the topic because it is about Genesis Mining not about user status(level).


BTW maybe I am newbie on this forum but I am definately not when it comes to Genesis Mining.
Moreover I have access to VIP assistance service. Do you think that everyone have it?

I just try to make equal chances for everyone but it seems some of you are not happy about it which is your right of course...



Kind regards, Marcin
So long story short is that you actually admit to being a shill. Good that you're upfront about it actually but don't expect to be taken seriously so long as you're admitting to being a shill of the accused.

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October 30, 2017, 06:59:42 PM
 #644

Not to think I was about subscribing for a package tommorow.
mptak123
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October 30, 2017, 08:13:45 PM
 #645

Why do we have a newbie here defending GM? The last few pages of this thread seem to be dominated by his exchsne of words with other users. Shilling I would guess...

Sorry that you are disappointed about my statuts(level).
I thought that it is way more important what we have to say instead of how long we are part of Bitcoin Forum.

Following that way of thinking maybe new people should stop posting at all if you think they should not defend their opinions?


Please add something important to the topic because it is about Genesis Mining not about user status(level).


BTW maybe I am newbie on this forum but I am definately not when it comes to Genesis Mining.
Moreover I have access to VIP assistance service. Do you think that everyone have it?

I just try to make equal chances for everyone but it seems some of you are not happy about it which is your right of course...



Kind regards, Marcin
So long story short is that you actually admit to being a shill. Good that you're upfront about it actually but don't expect to be taken seriously so long as you're admitting to being a shill of the accused.

Hi again

It is a shame that so many people are just throwing empty words without adding anything to the topic except insults without a reason.

I think english call the empty bucket right?

Looks like it is waste of time talking with you. If I was a shill I would not make a videos about missing payouts for you information Mr. Legendary.

Btw I don't see a reason to talk just bad about the program which made so much money...




Regards, Marcin



 

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mptak123
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October 30, 2017, 08:20:56 PM
 #646

Not to think I was about subscribing for a package tommorow.

Hi

Please have a look at my Youtube channel. There is a lot about Genesis Mining. Bad and good info.
When it comes to their contracts in my opinion the only one which is worth looking at is BTC open ended contract. They are sold out at the moment.

You can find links to my videos in my previous posts in this topic.

Don't listen to anyone. Make up your owm mind. Haters gonna hate because that is who they are but GM is not perfect that is correct.


If you will try to find something 100% certain you can just quit straight away because nothing is 100% sure.


Kind Regards, Marcin

Exclusive Genesis Mining 3% offer avaiable with this code uQtLeP
mptak123
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October 30, 2017, 08:28:25 PM
 #647

looks like here are at least 2 GM affilated posters trying to always have the last word - of course always positive for GM. Maybe the moderator should block them.

Fact is: charging money for performance X, but delivering ~ 30% less performance - is FRAUD !!!

hands off. unless you want to loose money.

the only one that wins in this game is GM

Hi

it was never my intention to stand on one side.
Probably you know more about ETH contracts in GM that I do because I never bought one.
If you will look through some of my videos you will find that the only contracts I am backing up are open ended BTC contracts which are sold out now.

My personal experience about this contracts is very positive but every situation is different so I am not here to judge.

In my last video which is posted here I did say that my ticket is 3 months old so I don't see how this is defending...



Kind regards, Marcin

Exclusive Genesis Mining 3% offer avaiable with this code uQtLeP
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October 31, 2017, 05:45:53 AM
 #648


Hi

it was never my intention to stand on one side.
Probably you know more about ETH contracts in GM that I do because I never bought one.
If you will look through some of my videos you will find that the only contracts I am backing up are open ended BTC contracts which are sold out now.

My personal experience about this contracts is very positive but every situation is different so I am not here to judge.


So Mr. Einstein, tell us how your experience with contracts can be positive if you never ever had one ? That definitely looks like "standing on one side" to me, sorry. How much does GM pay you ? Not much I guess, they are so low on HR buget, it always takes them nearly a week to answer any support request - most of them are probably complaints about their lousy and inefficeient service..



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October 31, 2017, 06:39:13 AM
 #649

Most people are not talking about the genesis mining may be because they are getting paid from the company. Yes, every company has positive feedback and negative feedback but people should understand whether company has the possibility to pay the investors. Firstly research before investing into Genesis mining because Genesis mining is paying to the members from many years.
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October 31, 2017, 08:28:04 AM
 #650

Most people are not talking about the genesis mining may be because they are getting paid from the company. Yes, every company has positive feedback and negative feedback but people should understand whether company has the possibility to pay the investors. Firstly research before investing into Genesis mining because Genesis mining is paying to the members from many years.
Yes, but Genesis Mining pays out less than inverstors invested. You normally call this a loss. Fact. Definitely for Ethereum Mining.
Take any serious mining calculator (e.g. etherscan.io) , enter the hash rate for a contract and compare to output your own contract. On average at least 30% below calculated output.
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October 31, 2017, 12:25:12 PM
 #651


Hi

it was never my intention to stand on one side.
Probably you know more about ETH contracts in GM that I do because I never bought one.
If you will look through some of my videos you will find that the only contracts I am backing up are open ended BTC contracts which are sold out now.

My personal experience about this contracts is very positive but every situation is different so I am not here to judge.


So Mr. Einstein, tell us how your experience with contracts can be positive if you never ever had one ? That definitely looks like "standing on one side" to me, sorry. How much does GM pay you ? Not much I guess, they are so low on HR buget, it always takes them nearly a week to answer any support request - most of them are probably complaints about their lousy and inefficeient service..






Hi

I never said that I don't have contracts with GM. I said I don't have ETH contract.

Thank you for calling me with such intelligent name but I definately don't deserve it ;-)



Regards, Marcin

Exclusive Genesis Mining 3% offer avaiable with this code uQtLeP
mptak123
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October 31, 2017, 12:31:29 PM
 #652

Most people are not talking about the genesis mining may be because they are getting paid from the company. Yes, every company has positive feedback and negative feedback but people should understand whether company has the possibility to pay the investors. Firstly research before investing into Genesis mining because Genesis mining is paying to the members from many years.

Hi

I am so glad someone finally wrote something neutral. I thnik you hit the point perfectly and 1 000 000 customers can't be wrong right?


Of course there are unhappy people and not everyone is receiving what they should but with such high number of customers I understand that is not easy at all.
Tickets are delayed even 3 months. This is all true but BTC open ended contracts are just great in my personal opinion and everyone could have different fillings about it.



Kind regards, Marcin

Exclusive Genesis Mining 3% offer avaiable with this code uQtLeP
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October 31, 2017, 08:04:47 PM
 #653

These genesis mining puppets are funny. Lying there and saying they make some profit when It's impossible to do so. I hope GM is paying you well for this at least.

But don't worry. People will read my first post and understand that you are lying and shilling for GM here.
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November 03, 2017, 11:51:57 AM
Last edit: November 03, 2017, 02:21:44 PM by mptak123
 #654

Hi guys

I have some good news. Those who bought mining hashpower from Genesis Mining in September - it is live now!


Thank you @GenesisMining new hashpower is live!
https://youtu.be/D-xDDLpOgxE


I added a video about it above plus some more details if anyone interested :-)



Best regards, Marcin

Exclusive Genesis Mining 3% offer avaiable with this code uQtLeP
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November 03, 2017, 02:51:46 PM
 #655

Most people are not talking about the genesis mining may be because they are getting paid from the company. Yes, every company has positive feedback and negative feedback but people should understand whether company has the possibility to pay the investors. Firstly research before investing into Genesis mining because Genesis mining is paying to the members from many years.

Hi

I am so glad someone finally wrote something neutral. I thnik you hit the point perfectly and 1 000 000 customers can't be wrong right?


Of course there are unhappy people and not everyone is receiving what they should but with such high number of customers I understand that is not easy at all.
Tickets are delayed even 3 months. This is all true but BTC open ended contracts are just great in my personal opinion and everyone could have different fillings about it.



Kind regards, Marcin

Excuse me? I have even tickets from February without solution!
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November 04, 2017, 12:50:52 AM
 #656

Especially as New Blood in the forum, talking with mindset sincere appreciation on Warnings against this Genesis Mining going under water with all ramification about their various and fantabulours flashing but carjolling gestures. But can"t total ban be placed on them to devoid innocent members entering their net any longer? Thanks. Huh
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November 04, 2017, 07:13:46 AM
 #657

Especially as New Blood in the forum, talking with mindset sincere appreciation on Warnings against this Genesis Mining going under water with all ramification about their various and fantabulours flashing but carjolling gestures. But can"t total ban be placed on them to devoid innocent members entering their net any longer? Thanks. Huh
The genesis mining can not be ban totally and what we have to do is spread the news. However, this is situation is not only about the genesis mining because every other cloud mining site out there are all scam.

Code:
NOTE : don't invest into any CLOUD MINING because they are all scammer site.

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November 04, 2017, 02:28:55 PM
 #658

i am a business owner, have been for the last 5 years. I had a few friends trying to convince me, respectable people, military personnel, nurses fellow business men all respectable....all getting duped into these silly ponzi scheme sites. I am of the opinion that most, if not all are merely scams, paying you with btc they receive from punters who've lucked out (via difficulty increases, contract price increases etc etc.)

Having looked at Genesis, seems to be a very nicely done investment "pretend" site. The fact that the Australians (who seem to love these types of marketing scams (you seen their "forex" cfd sites or Avon or even goddamn betting software?)) push it, tells me it's a scam...or t the very least a get rich quick scheme...Which, any real investor knows, that you have to play big (10k+) range, and that off of that 10g you will make (on a very very good year) 3g. And no its not sustainable...But any company worth it's salt knows the only real way, sustain-ably, in the world of crypto is to mine big, have an exchange, enforce usage of a token or new coin, collect negative returns( i.e be a negative geared company)in power or generate their own low cost power (Utilizing asset depreciation as another leverage point) pump and dump, then restructure....but THESE Mofo, they're big promises and big dreams. Here for the log run...big time scammers they would be in any other industry..

And half of the people here rallying to support the machines....are really just cogs in the system. It's naive to think that the systems immune response won't be initiated when you prod the bug....Good on ya OP, go hard!
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November 04, 2017, 02:58:18 PM
Last edit: November 04, 2017, 03:22:40 PM by Easteregg69
 #659

Check the villa on iceland. They have parked a trampolin for idiots ;-)

Small windows. Like a fort!. Would take a very little thief to get in. (Or a ghettoblaster).

Anyways. Genesis. You go my money and my love. At least some of it.

Not a word about.. A fucking trampolin for the idiots. Idiots ? Kids. I pressume. Now.

Me ? "Kids be nice!".

Music. (Sounds like shit. Pardon me.)

Feed Me Weird Things - Squarepusher (plus bonus Japanese tracks)
https://www.youtube.com/watch?v=SOEYaBxT29U

Shit can be converted to BTC! (Criminally minded of course..)

PS: Forgot. Iceland belongs to Denmark. Apropos idiots.  Boom boom dav! (Somebody needs a serious laser).

Official invitation goes here /Without looking :-)

Shit about zcash: No exchanges accepts private adresses. That is so fucked up!
 
Bitcoin Cash, Bitcoin, B2X, & Ethereum: The Race To The Moon
https://www.youtube.com/watch?v=Wae1Djysim4

Zcash is not on the list. Ergo is it a winner!

Throw some "shit" and see what sticks.
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November 05, 2017, 12:16:34 AM
 #660

This mofo /\ /\ /\ /\ These the c0cks who scam, listen top that rambling bullsh!t he's harping on about.....sounds like a dark-web scammer...amirite ScrambledEgg?
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