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Author Topic: Legit bitcoin mining company  (Read 24446 times)
zabidin2
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July 12, 2017, 04:09:59 AM
 #81

What nanohash and telcominer? Thinking to use them.
Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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jyotianand01
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July 12, 2017, 08:30:25 AM
 #82

i am using genesis-mining and they are paying daily and u are profitable with ur contract always.


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July 12, 2017, 11:20:27 AM
 #83

 BTC China Pool, BitFury, DiscusFish/P2Poo, and AntPool are among some legit BTC mining companies.
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July 13, 2017, 06:34:34 AM
 #84

I invested in hashflare.io so far i haven't encountered any problems with them. The bad side in investing in mining company is that the ROI is very slow and there's always a chance that you will get scammed instead of profit in return. Its better to invest in trading than mining companies because the chance of getting profit is very high and you can withdraw your capital anytime you want.
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July 13, 2017, 07:05:55 AM
 #85

You're better off mining alt coins. The difficulty is so high on Bitcoin it's not really worth it atm. If you want to do cloud mining I recommend miningrigrentals or Nicehash. I've made a profit a few times on Nicehash. Pick an alt coin that is profitable on Coinwarez and go to both sites and find the most affordable hash rate for that profitable coins algorithm and mine rent some hashing power. 
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July 13, 2017, 07:19:46 AM
 #86

Try out genesis mining or hash flare. I was in ambiguity before too but now I have read so much about them and they look far better than any other mining companies. Don’t try out any other than this as we don’t have positive trust about other. In this one I will suggest you hash flare from my side as I had invested and paid out two times. My hash rate is pretty low so it takes me around one month to reach the minimal threshold. Hope you will get some positive reply too. :-)




Both of them do have a pretty good reputation in the world of mining. But cloud mining is not a solution for you to make a profit, there are still many ways that can be done. The easiest is to rent a rig, by doing that we can earn a greater income. And if you want a much better income then buying hardware mining is a very appropriate choice.

How can anyone say after research that they have a good reputation in the world of mining? Page 1 of google search on genesis trust/scam shows you a lot of unhappy people. Forum search here shows you ROI after many, many months which won't be reached as your contract will probably expire first. They have poor reputations in this world. Outside, with good marketing and PR, yes they are legitimate.

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July 13, 2017, 07:21:12 AM
 #87

Im using hashflare service right now and keep profiting a little bit everyday.

I need to learn other crypto currency atm, whats good alt coin to mine now?
GenesisCODEv0HkIa
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July 13, 2017, 08:02:07 AM
 #88

i am using genesis-mining and they are paying daily and u are profitable with ur contract always.

Genesis Mining has allowed a lot of us freedoms we've never experienced!!!
zabidin2
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July 13, 2017, 08:13:01 AM
 #89

i am using genesis-mining and they are paying daily and u are profitable with ur contract always.

Genesis Mining has allowed a lot of us freedoms we've never experienced!!!
Do you use Genesis mining? How about contract? Can be upgrade or need to new contract?
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July 13, 2017, 11:48:42 AM
 #90

i am using genesis-mining and they are paying daily and u are profitable with ur contract always.

Genesis Mining has allowed a lot of us freedoms we've never experienced!!!
Do you use Genesis mining? How about contract? Can be upgrade or need to new contract?
You can purchase more harshpower and it will add up to the ones you currently already have acquired.
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July 13, 2017, 05:52:52 PM
 #91

What is the deal with Genesis mining? Reading through this thread, some forum members swear by it, and there are others that think it is shyte. Can somebody please clarify if it is safe and advisable to invest there. Thanks in advance....
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July 13, 2017, 10:41:14 PM
 #92

What is the deal with Genesis mining? Reading through this thread, some forum members swear by it, and there are others that think it is shyte. Can somebody please clarify if it is safe and advisable to invest there. Thanks in advance....
Its safe, for me its been working so far Smiley
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July 14, 2017, 01:56:25 AM
 #93

There used to be semi-legit companies out there. I used to run one. But, unfortunately, bitcoin is no longer profitable to mine in the long term, unless you are Bitmain and make the hardware to mine the coins. We used to work directly with Bitmain, they were genius.

ETH mining may be profitable with Genesis, almost bought a few contracts right before skyrocketed. Wonder if that would have made ROI... hmm

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July 14, 2017, 02:07:31 AM
 #94

There used to be semi-legit companies out there. I used to run one. But, unfortunately, bitcoin is no longer profitable to mine in the long term, unless you are Bitmain and make the hardware to mine the coins. We used to work directly with Bitmain, they were genius.

ETH mining may be profitable with Genesis, almost bought a few contracts right before skyrocketed. Wonder if that would have made ROI... hmm

Unfortunately, I purchased an ETH mining contract with Genesis Mining to get my feet wet in the cloud mining arena. However, the timing was less than fortuitous. I got hit with a double-whammy: increasing difficulty and rapidly decreasing prices. My date to ROI keeps getting pushed out further and further. Good thing it was a tiny investment since I probably won't see that investment gamble back.
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July 14, 2017, 02:22:58 AM
 #95

The real deal is here: https://bitcointalk.org/index.php?topic=1914900.0

But you have to go full, as it is real. So there is no small investment. It's one miner minimum and the tokens to go with it.
That's a Legit Mining Company who is opening is door to miners from around the world.

https://giga-watt.com/
https://cryptonomos.com/wtt/

I did not post this message, The Russians did it !
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July 14, 2017, 02:26:52 AM
 #96

I'm newbie here,Are there any legit bitcoin mining company or basically most of them are just scam.

i know that genesis mining and hashnest is legit even for now, they still legit. but for getting profitable with that two company, i think its really difficult for now because bitcoin itself is increase the difficulty and if you don't have big hashrate then you can not make profit.

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July 14, 2017, 05:45:12 AM
 #97

No matter what mining companies are legit as long as they are profitable themselves. This primarily depends on how they are bearing the cost of maintenance and electricity. On top of this their performance needs to stubborn whenever the network difficulty is increasing day by day. If they loos control over any of these factors then start moving downwards in terms of profits. This indirectly effects our earning and to be specific our ROI which then takes even longer than what it was before. The question is do we really earn from them if we skip the expiration date of our contract say by reinvesting our daily earning from the contract itself. Is there really a point where our threshold reaches and finally pays us back?



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July 14, 2017, 07:19:32 AM
 #98

What is the deal with Genesis mining? Reading through this thread, some forum members swear by it, and there are others that think it is shyte. Can somebody please clarify if it is safe and advisable to invest there. Thanks in advance....

Look around the internet not just for all those people whining or praising: look for proof of earnings. You will find also honest reviews from reputable websites like 99bitcoins. They will show you proof that genesis is legitimate, but NOT profitable.

Most people are praising it to get referral fees.

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July 14, 2017, 02:07:16 PM
 #99

I'm newbie here,Are there any legit bitcoin mining company or basically most of them are just scam.

i know that genesis mining and hashnest is legit even for now, they still legit. but for getting profitable with that two company, i think its really difficult for now because bitcoin itself is increase the difficulty and if you don't have big hashrate then you can not make profit.
It doesnt matter, you will profit if your a long term holder, no matter the investment.
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July 14, 2017, 02:12:47 PM
 #100

Genesis mining is the most legit one available. I more recommend to mine yourself. It's cheaper and you will earn way more profit.
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