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Author Topic: Legit bitcoin mining company  (Read 24118 times)
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December 04, 2017, 03:31:32 AM
 #161

I will suggest you mine on your own if you are in a country with stable electricity and if also you can afford the electricity bills.
The reason is that, most times its hard to say which cloud mining companies is the best; one minutes they are doing good, the other minutes they are disappointing.
The ones that are know and  use to be good  then was Genesis cloud mininng and Hashflare, though now I can't say for sure if they are still good. Check them out though and read their recent reviews.

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December 04, 2017, 07:09:28 AM
 #162

Based on my experience, I think the most legitimate bitcoin mining company is genesis-mining, as they have their own mining rig and active in participating at conferences regarding cryptocurrency and blockchain. But you can also check Hashflare, Eligius, Slush pool, BTCC, GBMiners, and Mining Hub. I will not be posting here referrals from these sites, so it is up to you to do your research and see if you really want to try them or not...
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December 04, 2017, 10:53:38 AM
 #163

Based on my experience, I think the most legitimate bitcoin mining company is genesis-mining, as they have their own mining rig and active in participating at conferences regarding cryptocurrency and blockchain. But you can also check Hashflare, Eligius, Slush pool, BTCC, GBMiners, and Mining Hub. I will not be posting here referrals from these sites, so it is up to you to do your research and see if you really want to try them or not...
Genesis Mining is the largest cloud mining company on the market but there's no legit cloud mining company because they end up scamming their users and the same genesis company have been accused of scamming their users. Besides, if you ask any member on here who's moderator,Legend or hero none of them will advice you to invest into cloud mining site because they are all ponzi site.

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December 04, 2017, 02:17:07 PM
 #164

I really find it difficult yo understand all what mining is. Someone please help
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December 05, 2017, 04:29:36 PM
 #165

Based on my experience, I think the most legitimate bitcoin mining company is genesis-mining, as they have their own mining rig and active in participating at conferences regarding cryptocurrency and blockchain. But you can also check Hashflare, Eligius, Slush pool, BTCC, GBMiners, and Mining Hub. I will not be posting here referrals from these sites, so it is up to you to do your research and see if you really want to try them or not...
Genesis Mining is the largest cloud mining company on the market but there's no legit cloud mining company because they end up scamming their users and the same genesis company have been accused of scamming their users. Besides, if you ask any member on here who's moderator,Legend or hero none of them will advice you to invest into cloud mining site because they are all ponzi site.

I don't know if I would go so far as to say that Genesis is a ponzi scheme; I'm sure some cloud mining businesses are definitely ponzi schemes. With all of these cloud mining sites, you buying a hashing power at a premium than if you operated the miner. It will severely impact your ROI.
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December 05, 2017, 09:19:15 PM
 #166

Based on my experience, in my opinion, the most legitimate mining bitcoin company is the genesis of mining business

asadsiddiqui
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December 05, 2017, 09:41:29 PM
 #167

The bitcoin mining company is a fairly new type and I have not known it before. I know that most countries have not recognized bitcoin and crypto so bitcoin mining is still not public. So if there is a company that specializes in bitcoin mining is quite a strange thing.
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December 06, 2017, 06:46:25 AM
 #168

Sierrahash is offering free 150 GH/s hash power to start .  They only mine bitcoin & office in London.

https://www.sierrahash.com/?ref=216436

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December 06, 2017, 11:13:21 AM
 #169

any latest bitcoin sites???
Jedzkie050617
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December 06, 2017, 01:26:58 PM
 #170

I just dont understand whats the point lets say for genesis mining rent out hashpower , it they can mine themself and keep more profit ? Can somebody explain please ?

As far as my knowledge is concern, as what I know about genesis mining it is the largest cloud mining company. Though, there some complaints due to the power consumptions and during there mining could not have a good output but I think there might some factors affects on there mining process. Somehow, there is still legit mining company that really can give a profitable output.

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