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Author Topic: Is genesis-mining.com good?!  (Read 1496 times)
yubsep
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April 02, 2016, 04:35:58 AM
 #21

Yes.. I decided to trade with crypto market instead of buying contracts on cloudmining websites...
As you said now ETH = $10.8 and Dash = $7.3
Thanks for interesting...

Why risk your investment just to break even in ETH or X11 coins? Simply buy those coins now and wait for the price to go up to earn some profit. I can guaratee if you buy ETH or DASH now, both these coins will jump up at least once in these next 12 months for you to make some profit.

Buying Genesis is suicide I fail to understand how they still manage to find noobs to finance their shit products.

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BitcoinSupremo
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April 02, 2016, 10:17:32 AM
 #22

Really? Do we still have to answer this again and again? They are legit, selling you hash, but after 2-3 months they shut down your miner as its not anymore profitable. Problem is you bought a lifetime contract, so you lost big money. So NO they are not good. They are trying to make profit from Ethereum but I am not knowledgable enough how they are doing but don't get your hopes high yet.

yubsep
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April 02, 2016, 10:29:32 AM
 #23

Yes.. I knew that cloud mining contracts not profitable at all...
Thanks for interesting...

Really? Do we still have to answer this again and again? They are legit, selling you hash, but after 2-3 months they shut down your miner as its not anymore profitable. Problem is you bought a lifetime contract, so you lost big money. So NO they are not good. They are trying to make profit from Ethereum but I am not knowledgable enough how they are doing but don't get your hopes high yet.

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July 31, 2017, 11:52:13 AM
 #24

After reading this review of Genesis Mining http://www.viral-alert.com/genesis-mining-com-review/  I did some of my own research into cloud mining. It may take a little while to get a point of breaking even with the investment cost, but I feel it's going in the right direction. Obviously you need be educated about mining difficulty and block reward rather than just the price on the bitcoin against your currency, as there are several factors to consider including timing. No get rich quick scheme here, just another investment opportunity that you take with the same care and diligence as any other investment.

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