Genesis mining - new btc contracts

[MsDos]

Hey guys,
anyone knows if Genesis mining will offer new bitcoin contracts? Or is there any credible alternative for cloud mining you would suggest?

[1714968095]

1714968095

[1714968095]

1714968095

[VincentLionheart]

I am not sure if any of the cloud mining alternatives are feasible at this point.

[MsDos]

I am not sure if any of the cloud mining alternatives are feasible at this point.

Thanks for the answer!

[Zoef]

They recently Tweeted (5 days ago) that new Bitcoin hashpower is scheduled in the next weeks. Don't know if they mean a pre-sale or 'instant' bitcoin hashpower. See: https://twitter.com/GenesisMining/status/925779530769367040

EDIT: The open-end life time Bitcoin contracts are now available and will start mining at February 28th 2018. For 3% discount use promo code: 6LRqcU

[joinfree]

Far as i know they are going to release new bitcoin contracts by next year, but i dont know why there are some people who are investing in genesis mining, it has been prooved that it is a scammy site and a lot of people lost a lot of money because of them.
but yes, it looks like if people are always wanting and speculating with some money in order to lose some money, it is fine, but i would never invest in a cloud mining, and less in genesis..

[savioroshan]

Hey buddy, why you want to invest in genesis mining. Its just a waste of time. Last year in the month of march I invested nearly 600 dollars in it when the price of btc was around 550 dollars. Till this date they have paid me nearly 1500 dollars. But just imagine if I had invested that amount in buying a coin, how much would be my profit? So its always better to buy bitcoin and keep it in your wallet instead of investing in these cloud mining sites.

[SamsungBitcoin]

Mate before you engage in cloud mining make sure you calculate their offered roi, yes genesis mining is legit but how long it takes before you get your roi? What is much better to keep your bitcoin in your wallet or investing in trading method or just keep it into your wallet.
And be careful for the new launch of contract most of the cloud mining now are scam this is a notice invest the amount that you can afford to loose.

[Catmony]

Hey guys,
anyone knows if Genesis mining will offer new bitcoin contracts? Or is there any credible alternative for cloud mining you would suggest?

Till now they haven't announced anything related to this but as they are quite hungry of money from new investors they might add another pre-order pacakges soon. People will get into them without calculating anything because they are blinded by very huge surge in bitcoin's price this year.

Cloud mining is just money suckers, they will never last forever.

[BitHodler]

They recently Tweeted (5 days ago) that new Bitcoin hashpower is scheduled in the next weeks. Don't know if they mean a pre-sale or 'instant' bitcoin hashpower. -snip-

In their tweet they refer to a hashpower sale, which either means that they have more (non existent) hashpower added, or they just plan to offer people newer contracts in the hope that new money flows into their service.

It seems that they want to benefit from the massive influx of new (noobish) people having found their way to this market. Obviously, the first thing they care about is making money, which results in them signing up at GM.

I don't understand why there are still people believing in this service despite the fact that they can't prove the source of their major Bitcoin farm. Everything in Bitcoin is transparent, but yet their mining farm remains a "mystery".

[MsDos]

Thank you all for the answers. Genesis is IMHO not a scam. They pay, but imagine BTC would go sharply down. I can imagine the would stop operating very fast. Of Course, investing in btc is more profitable now, but imagine it wouldn't go up this fast. In 9 months you have your investment back and then you mine something small for quite some time.

[felicita]

they often announced that they will buy more graphic cards but untill now iam also waiting for more btc power.
iam owning some ghs there since 2 years now really good the open end contacts.


regards

[swogerino]

they often announced that they will buy more graphic cards but untill now iam also waiting for more btc power.
iam owning some ghs there since 2 years now really good the open end contacts.


regards

Graphic cards barely are making anything for the home owners at this point so I doubt that buying more graphic cards now will benefit them in mining. It may benefit them if they still deceive people like they have always done at this point. It is time to stop investing in cloud mining and to hold your bitcoins because that is the best investment anyone can do right now and in the future.

[shield132]

Hey guys,
anyone knows if Genesis mining will offer new bitcoin contracts? Or is there any credible alternative for cloud mining you would suggest?

Don't know but even if they offer, are you going to purchase that? Don't do that man or you will lose your bitcoin while you have hope of profit. They pay you at first but then payment decreases, decreases and however it dissapears and reason is high difficulty + contract can't cover it's electricity fees. So don't worths, better to buy miner and mine yourself, you will know what you do and can avoid thinking about scams and etc.
There are many cloud minings, see my previous posts if you aren't busy (I post about it somewhere).

[MsDos]

Hey guys,
anyone knows if Genesis mining will offer new bitcoin contracts? Or is there any credible alternative for cloud mining you would suggest?

Don't know but even if they offer, are you going to purchase that? Don't do that man or you will lose your bitcoin while you have hope of profit. They pay you at first but then payment decreases, decreases and however it dissapears and reason is high difficulty + contract can't cover it's electricity fees. So don't worths, better to buy miner and mine yourself, you will know what you do and can avoid thinking about scams and etc.
There are many cloud minings, see my previous posts if you aren't busy (I post about it somewhere).

Thanks, I thought it's a good diversification

[CyberKuro]

Hey guys,
anyone knows if Genesis mining will offer new bitcoin contracts? Or is there any credible alternative for cloud mining you would suggest?

Yes, Genesis mining will start new contract soon, but still there is no any fixed date about it. You can check it here : https://twitter.com/GenesisMining/status/927458406063116288
But, if you read some participants/investors/contract holders reviews; they mentioned there are many cases of delay payments, payment reduced or undue payments for months and even over a year, and genesis support does not respond well about it, in other words; poor support team.
There is another cloud mining which more profitable than genesis which will start their mining activity in December, a project called Ice Rock Mining.
However, their ICO has ended and token holders could get mining contract, they offer utility tokens called Rock token, you can buy this token after get listed on exchange (probably HitBTC) on November 20th.

[BitcoinSupremo]

I don't think Genesis mining is in the position to offer new btc contracts because the price of bitcoin has increased considerably and they will lose money if they pay all their members.

Even if they try to offer new contracts this will be just like some hyip, they will try to pay old members with the money flowing in from new members. Stay away from them and any other similar business.

[MsDos]

Hey guys,
anyone knows if Genesis mining will offer new bitcoin contracts? Or is there any credible alternative for cloud mining you would suggest?

Yes, Genesis mining will start new contract soon, but still there is no any fixed date about it. You can check it here : https://twitter.com/GenesisMining/status/927458406063116288
But, if you read some participants/investors/contract holders reviews; they mentioned there are many cases of delay payments, payment reduced or undue payments for months and even over a year, and genesis support does not respond well about it, in other words; poor support team.
There is another cloud mining which more profitable than genesis which will start their mining activity in December, a project called Ice Rock Mining.
However, their ICO has ended and token holders could get mining contract, they offer utility tokens called Rock token, you can buy this token after get listed on exchange (probably HitBTC) on November 20th.

Can I trust Ice Rock Mining? Are you affiliated with them?

[madwica]

Hey guys,
anyone knows if Genesis mining will offer new bitcoin contracts? Or is there any credible alternative for cloud mining you would suggest?

Yes, Genesis mining will start new contract soon, but still there is no any fixed date about it. You can check it here : https://twitter.com/GenesisMining/status/927458406063116288
But, if you read some participants/investors/contract holders reviews; they mentioned there are many cases of delay payments, payment reduced or undue payments for months and even over a year, and genesis support does not respond well about it, in other words; poor support team.
There is another cloud mining which more profitable than genesis which will start their mining activity in December, a project called Ice Rock Mining.
However, their ICO has ended and token holders could get mining contract, they offer utility tokens called Rock token, you can buy this token after get listed on exchange (probably HitBTC) on November 20th.

Can I trust Ice Rock Mining? Are you affiliated with them?

Ice rock mining has successful project you can try that site and just invest small amount of money to test but i think they are legit. Must try to prove it in yourself,
Just be careful on the incoming contracts of genesis do not invest all your asset there only the mo ey that you can afford to loose be wise on investing your money.

[kabit9]

Genesis is now offering presales on open ended BTC mining contracts that start in Feb 2018.

After much debate on whether to mine or not, I took the plunge with Genesis. If anyone wants to sign up, you can use my referral code for a small discount:  rCIpeV