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Author Topic: What do you think of Genesis Mining?  (Read 1100 times)
btcking101
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June 29, 2016, 06:51:58 AM
 #21

Genesis mining looks very good but i also no more trust any of the cloud mining site...they will surely shut down some day and run with all the btc
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Whoever mines the block which ends up containing your transaction will get its fee.
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June 29, 2016, 07:01:12 AM
 #22

Genesis mining looks very good but i also no more trust any of the cloud mining site...they will surely shut down some day and run with all the btc

No they are  legal company they have proofs of mining hardwares and office location but when mining difficulty are harder there earnings is not good unlike before and now they are joining the ponzi industry thats why we really dont know if genesis mining will be the same as hash runs to their client(well who knows) but one thing we must do is to avoid cloudminings and we must look for hash ocean incident thats a lesson to be learned So we will not be scam again.

R


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June 29, 2016, 07:09:16 AM
 #23

Although , there are a lot of scam sites under the name of cloud mining , but I think this site is different , because they have a proof of mining , and they have also famous partners support them , I think this company really mine Bitcoin and other cryptos , but the profit of mining will start to decrease after the halving , so I don't know how they will deal with this event .
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June 29, 2016, 10:53:05 AM
 #24

I don't trust any kind of cloud mining even its true cloud mining.
I don't want to repent later for trusting this kind of investment



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June 30, 2016, 02:30:58 AM
 #25

After much research, I believe that Genesis is legitimate. so I decided to invest $ 300.00 in it. Before did some calculations to find out how I could win, https://alloscomp.com/bitcoin/calculator used the calculator to create an average of how much gain. today got the first payment. The amount was slightly below the calculations made, but it was to be expected since the mining began in the middle of the day. Now I will wait to see the performance and see if compença invest more. I think I'll invest with caution in order not to have any damage, after all, mine in the cloud is very risky.
Thanks to all for the tips. You are awesome =)
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