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Author Topic: What if i buy $30 worth of hash power from genesis-mining? What will be return?  (Read 4233 times)
king2k5
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October 21, 2016, 06:32:10 PM
 #1

What if i buy $30 worth of hash power from genesis-mining? how much i wil be earning (average/monthly) ...
i know that it depends on price of bitcoin but what would be the smallest or largest estimation (atleast this year)?
your help is greatly appreciated ..

it is about lifetime bitcoin mining ... not 2 years ...
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October 21, 2016, 06:55:40 PM
 #2

Cloudmining is already dead, or it's scam("good revenue") or you will have no profit...

This thread can help you about this questions https://bitcointalk.org/index.php?topic=878387.msg15574916#msg15574916

Always read about the subject before invest your money.

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October 21, 2016, 07:28:31 PM
 #3

it says probably legit ... i saw it on badbitcoin's safe list that is why i asked it here ...
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October 22, 2016, 12:13:02 AM
 #4

I don't know how much you will earn daily, I just know that each new day you will earn lowest income from them until start earning nothing. You will be unable to get your investiment back. The lifetime package is a just a lie to make people believe that they can live from passive income forever without doing any kind of job.

I advice you to don't do it, or you will lose your $30 for nothing.

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October 22, 2016, 01:50:56 AM
 #5

Just search for, this thread for example https://bitcointalk.org/index.php?topic=1185909.0, you can see the spreadsheets with the value decreasing and well, it's not because the halving, so if you want to invest in a "probaby legit", good luck! And $30 is nothing, just buy a coke and a cheesburguer and enjoy your life.

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October 22, 2016, 01:54:42 AM
 #6

What if i buy $30 worth of hash power from genesis-mining? how much i wil be earning (average/monthly) ...
i know that it depends on price of bitcoin but what would be the smallest or largest estimation (atleast this year)?
your help is greatly appreciated ..

it is about lifetime bitcoin mining ... not 2 years ...
Genesis mining is a long time running cloud mining company but with your 30$ I doubt you can even het close to getting a ROI in a year. If you want to participate in cloudmining such as this you may want to consider increasing the amount of ypur invetment because with your current budget you will loose your money instead of profiting. Tho I am not encouraging you to invest all your money , cloudmining still is not safe even if we say that it is already a reputable one.

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October 22, 2016, 02:20:49 AM
 #7

What if i buy $30 worth of hash power from genesis-mining? how much i wil be earning (average/monthly) ...
i know that it depends on price of bitcoin but what would be the smallest or largest estimation (atleast this year)?
your help is greatly appreciated ..

it is about lifetime bitcoin mining ... not 2 years ...
whether you buy power of 30$ or 300$ if you get your investment before the site stops his service  then you will get sure Profit and will get paid in better Profit amount  .
but i will advice to not to invest to buy power because it will takr more time.to get your roi , so don't take risk .


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October 22, 2016, 03:09:07 AM
 #8

it says probably legit ... i saw it on badbitcoin's safe list that is why i asked it here ...
Just a small percentage of the people are say that is the legit site in this day if you are gonna investing your amount in them but don't ever think of getting ROI entirely like your first capital from your wallet.

https://bitcointalk.org/index.php?topic=768281.0

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October 22, 2016, 03:26:34 AM
 #9

What if i buy $30 worth of hash power from genesis-mining? how much i wil be earning (average/monthly) ...
i know that it depends on price of bitcoin but what would be the smallest or largest estimation (atleast this year)?
your help is greatly appreciated ..

it is about lifetime bitcoin mining ... not 2 years ...
some daye ago i also looking for the cloudmining but when i saw the plan and return of investment is long and profit is became very low then i found it is not muchh profitable even after taking btc loss ( example of hashocean ) .
 so i will advice you only deposit that minimum amount to get start mining which is effortable by you after loss .


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October 22, 2016, 03:33:29 AM
 #10

Your return, if you go with this route, is going to be exactly -$30 and a lot of anger and frustration added to the mix.  Cloud mining schemes are Ponzis, all of 'em.  You're not buying hash power, you're buying into a Ponzi.  Anyone who tells you otherwise is to be considered a knave and a liar.
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October 22, 2016, 04:39:42 AM
 #11

What if i buy $30 worth of hash power from genesis-mining? how much i wil be earning (average/monthly) ...
i know that it depends on price of bitcoin but what would be the smallest or largest estimation (atleast this year)?
your help is greatly appreciated ..

it is about lifetime bitcoin mining ... not 2 years ...
some daye ago i also looking for the cloudmining but when i saw the plan and return of investment is long and profit is became very low then i found it is not muchh profitable even after taking btc loss ( example of hashocean ) .
 so i will advice you only deposit that minimum amount to get start mining which is effortable by you after loss .

hashocean was not cloudmining, they don't exist, they had 0 machines mining... It was just a ponzi scheme, like 99% of "cloudming companys", and the 1% of companies that are legit don't will give profit to you...

Just avoid mining, time for mining are over... China dominated it all.

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October 22, 2016, 04:40:48 AM
 #12

What if i buy $30 worth of hash power from genesis-mining? how much i wil be earning (average/monthly) ...
i know that it depends on price of bitcoin but what would be the smallest or largest estimation (atleast this year)?
your help is greatly appreciated ..

it is about lifetime bitcoin mining ... not 2 years ...
Genesis mining is a long time running cloud mining company but with your 30$ I doubt you can even het close to getting a ROI in a year. If you want to participate in cloudmining such as this you may want to consider increasing the amount of ypur invetment because with your current budget you will loose your money instead of profiting. Tho I am not encouraging you to invest all your money , cloudmining still is not safe even if we say that it is already a reputable one.

Very true, even  genesis  is  already  operating   on longer months as of now but still its not advisable to invest  so big  on this scheme  because  i dont have trust anymore on this cloudmining things . Its better to  invest on real hardware miners  compare  to this. $30 would just a  like a dust and would even reach you roi  on 1 year. Doesnt worth at all.

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October 22, 2016, 05:43:38 AM
 #13

thank you for your valuable suggestion guys ....
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October 22, 2016, 05:47:56 AM
 #14

better to make a bet with out knowledge on right score than invest in mining nowadays. In first case you have more chances to earn )

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October 25, 2016, 09:00:02 PM
 #15

What if i buy $30 worth of hash power from genesis-mining? how much i wil be earning (average/monthly) ...
i know that it depends on price of bitcoin but what would be the smallest or largest estimation (atleast this year)?
your help is greatly appreciated ..

it is about lifetime bitcoin mining ... not 2 years ...

You won't earn, cloud mining isn't profitable. Here is GM-review https://bitcointalk.org/index.php?topic=768281.0 so read this topic. Tbh even if you could earn something with cloud mining, 30$ is nothing to invest.


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Robertqueen2
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October 26, 2016, 09:49:40 PM
 #16

In Genesis mining you might take very long time to restore your investment, it is legit site as far as I know but the profit rates are too low, may you try to mine other altcoins like Ethereum, however $30 is small amount to try with, but investing higher amount isn't recommended.

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JeffBrad12
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October 27, 2016, 12:00:50 AM
 #17

In Genesis mining you might take very long time to restore your investment, it is legit site as far as I know but the profit rates are too low, may you try to mine other altcoins like Ethereum, however $30 is small amount to try with, but investing higher amount isn't recommended.
Long ROI up to 2 years and who are wanna waiting for 2 years just for reaching their first amount back without profit? in the cloud mining it's just you like buy a stuff from them and not investing in there. and never of using the cloud mining, you may trying for manual mining.

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October 27, 2016, 12:06:04 AM
 #18

First of all - if your investing budget is only $30 then I am sorry. You won't be earning much from cloud mining (legit or not) at all.
I guess you don't care about mining process but instead want some passive profits. If that is the case turn you head somewhere else.
What I like to recommend instead of cloud mining is casino bankroll investments in the best case you will gain up to 30%-40% profits in the worse case you will lose it all.


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October 27, 2016, 12:34:38 AM
 #19

it says probably legit ... i saw it on badbitcoin's safe list that is why i asked it here ...


Read this from badbitcoin's site and think again about trusting them

http://www.badbitcoin.org/gaw.htm



The question to ask yourself if what will get you more, giving genesis mining $30 dollars, or going to an exchange and buying $30 worth of bitcoins?

Whichever of those choices will give you more bitcoins will leave you in a better position no matter what the price of bitcoins is.

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October 27, 2016, 04:11:49 AM
 #20

In Genesis mining you might take very long time to restore your investment, it is legit site as far as I know but the profit rates are too low, may you try to mine other altcoins like Ethereum, however $30 is small amount to try with, but investing higher amount isn't recommended.
Long ROI up to 2 years and who are wanna waiting for 2 years just for reaching their first amount back without profit? in the cloud mining it's just you like buy a stuff from them and not investing in there. and never of using the cloud mining, you may trying for manual mining.

2  years  roi  would   be  very a  long time    to wait and   you wont  still guarantee that   cloudmining site    would last that  long  hence most  of them doesnt  last long. Thats why   cloudmining  investment are  just a waste  of  money  and  would  not be an ideal thing to do  as  you suggested  it  better to  do manual  mining   on yourself   but   you would really need  huge  money   to  put on it because   asic  miners are really expensive.






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