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Author Topic: cloud minnig  (Read 214 times)
ss890
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January 16, 2018, 12:04:58 PM
 #41

I had a 2 year contract on genesis mining but will reach my payment threshold only after 950 days. So I won't be able to withdraw anything if I'm not willing to deposit more.
Did you try contacting support to see if they will send your balance? What coin were you mining?

I don't think that support team can do anything in that because he is abiding to the terms and conditions of the coin in long terms. They are not going to give him back his balance because that is not written in terms. If he need to withdraw then he will need to wait until 950 days. But I'm sure that before that he reaches the contract end and then the by rules his account will be deactivated. Thats called as perfect Ponzi schemes and we can't do anything about it.

Support will suggest him to increase his contracts terms but for that he will need to pay more and again wait for those funds to get the ROI limits which will Gaian never come. Dude that is how cloud mining works, spamming.

   

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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January 16, 2018, 07:42:54 PM
 #42

No, it's not a good investment option, I have seen many people complaining about investments they have made in cloud mining companies and I was taught not to nvest on it. Cloud minings give only hopes for investors and after some months you reach to the conclusion you won't have a lifetime income and that you should have been profitable by holding Bitcoins instead of investing in cloud mining.
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