I wanna invest on genesis-mining. Is it a good idea ?

[Darwin02]

Follow your heart what should you do it's your own risk no one will be benefit or lost its only you, but for my suggestion it's not a good idea + need 6months before you got roi long time hope you will get your roi if your join.

[CEOKEY]

Genesis Mining might've been the most socially active Cloud Mining company in the bitcoin community. It has contributed a lot to the bitcoin promotion process as well as actively participated in the discussion of scaling bitcoin between market leaders. That has gained Genesis Mining an unparalleled reputation in the Cloud Mining industry.

But the most important thing is it is an AMAZING platform with a lot of awesome features and benefits to invest in. I have tried Genesis Mining myself and make around 89% ROI per year, so I put together this review to share my experiences with Genesis Mining to you, bitcoin investors who are hungry for a Cloud Mining platform you can trust. Enjoy!

[tiggytomb]

I joined Genesis past black Friday as there was a decent discount, I went for the X11 contract and have just made my roi but before halving my daily payouts started to drop and now hey are quite low it's not even worth it.

As you know, whatever you put into the crypto world you need to be prepared to lose it.

[dunfida]

I already lost my trust on cloud mining sites when hashocean got scammed. It's up to you if you invest on Genesis seems it's also a good mining site

[jhenfelipe]

This time I don't think if it is still a good idea to invest. Genesis mining started to operate last 2014 and I can say that they really built trust with their investors. I also planned to invest into it before(early this year), it's just that I thought that halving is coming and the risk will be a little more higher. After so many cloud mining sites that turned to scam this year because of halving, I'm glad that genesis mining is still up, well even I don't have investment there. However, I still don't want to risk my money since I know that I will be waiting a long time to get my ROI especially since mining activity nowadays will be a little bit harder. The decision will still be yours, follow your heart, know the risk and be ready on the things that might happen. Good luck to you

[jack1111]

It is not recommended now , because the profit rates have been reduced , and the rates are very low now , I wonder why you want to join a cloud mining now while all other members who joined before regret their joining , I hope you think twice before putting your money there .

[mindrust]

Don't invest in any cloudmining service. Never.

No matter how long they were in the business, no matter how good they are, no matter how many happy customers they have; ignore that investment option for all costs.

They will rip you off and get away with your money in the end.

[Raja_MBZ]

Genesis-Mining will not shut down in near future, not at all. BUT, you'll never get any ROI, due to their mining services. Cloud-mining there not recommended by me.

[isen]

Investing in a cloud mining site is worst thing you can do these ponzis will collapse sooner or later and you will lose everything.But even if you earn some money these profits will be from newer member's deposits who never got their seed money back,how comfortable do you feel with this?personally i would feel ashamed.

[X7]

A newbie with -2 account rep and 2 posts asking if Genesis mining is good? let's assume you aren't actually a shill. No, cloud mining is NEVER a good idea.

[densuj]

Hi

After I got a little profit form hashocean (before it's gone).
I wanna invest on cloud mining again.
https://www.genesis-mining.com/

What are your guy thinking about this site.

Ty for all comment.

Before you make Investment on cloud mining service, you must understand that mostly of cloud mining are scamer. You can make Investment on there with you can lost it.

[Valzador]

No, investing in a cloud mining site after the bitcoin halving and all the cloud mining ponzis that have been exposed is not a good idea.

It is incredibly risky to invest in a cloud mining site especially one without a reputable owner on this thread.

[rphk]

every one says genesis- mining  site is legit but not sure , similarly some one suggested hashocean is legit site but now everyone knows  hashocean site is turned scam , always cloud mining sites are risky and any time go scam.Best is to research on this forum before investing on any such sites

[Babayega31]

Hi

After I got a little profit form hashocean (before it's gone).
I wanna invest on cloud mining again.
https://www.genesis-mining.com/

What are your guy thinking about this site.

Ty for all comment.

Before you make Investment on cloud mining service, you must understand that mostly of cloud mining are scamer. You can make Investment on there with you can lost it.

Genisis-mining is real company but nowadays they are not reallly recomendable to invest your money their because they are now ponzi and their miners are not very profitable for todata block difficulty, thats why leave we must leave that site and dont invest even single pennies in there because that conpany is struggling with many issue of their investor that still didnt get their roi for long time investing on that site.

[PhilPrime]

Cloud mining mining site is not a good site to invest now because of bitcoin halving effect. Trading is the best opportunity to get some btc because our has a high price as of now

[samcoin]

Genesis mining is legit and trusty company as I think , it has a real mining devices , but its location is unknown , however , I don't like investing in cloud mining , because the profit is too low , so when you put your money there , you must forget about it for long time .

[bapparabi]

no i don't think  so ..because due to correct reward and price for bitcoin will not advice to invest in sah256 as it will take more then 3 year to get to roi ..but not sure about x11 ..

But for eth it also take 8 month to get roi ..

so better to hold you btc and wait for price to increase and then try to invest

[ImHash]

You wanna know what is genesis mining? a very pure scam operation company just taking your money and give you back just some dust.
Not worth the risk at all, better to do some trades or just hold your coins it's better to regret it later.

[Newcoins2020]

Follow your heart what should you do it's your own risk no one will be benefit or lost its only you, but for my suggestion it's not a good idea + need 6months before you got roi long time hope you will get your roi if your join.

There is no reason to follow your heart OP. If you google genesis mining you can see that they are involved in shady things
- Screw their customers with Scrypt mining
- Screw their customers with fees; SHA, Scrypt and X11

And worst of all, there is no ROI if you buy their contracts.

[CryptoBjorn]

I can't believe that I am reading this. There are so many many many threads about genesis mining.
And no, most of them are bad, very bad. Which means you would lose money if you trust your money with them.

Forget cloud mining all together and find a decent project/investment for your money.