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Author Topic: That's why genesis mining is always sold out.  (Read 43 times)
dadrising
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February 04, 2018, 08:26:06 AM
 #1

According to Allen, an employee of Genesis Mining, Tony Alex(a shipping company representative who supplied Bitmain's mining rigs to Genesis Mining) has not reached an agreement on operating profits with Genesis Mining.

The shipment from China to Ireland was almost exclusively owned by Tony Alex, an Irish native, so when Tony outed, Genesis Mining have difficulty in supplying mining rigs.

Marco Streng(genesis mining CEO) contracted immediately with a new shipping company. However, the shipment market between Ireland and China is so small that it seems to be difficult to supply rigs.

Allen also said Tony had squeezed Jake Martin, a mining equipment technician at Genesis Mining. So now Genesis Mining is preparing a lawsuit against Tony.

He said new S9 rigs will be in stock in March 2018. But it is said that the quantity is very low.
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Alexkurd
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February 04, 2018, 09:30:15 AM
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Genesis is selling preorders for zec/eth to start on 30/04/18 so I think they'll manage it somehow.
CaVO32
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February 04, 2018, 09:33:35 AM
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on another note, i've lost a lot with that genesis cloud mining services. never believed on their terms regarding roi.

alexnienow
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February 04, 2018, 11:17:41 AM
 #4

Honestly genesis mining golden age is over, so as the whole cloud mining business. High demands low supply caused extremely long delay that mining difficulty skyrocketed over the time. My genesis mining contract right now is basically collecting dust. If I were to sell it which I am planning to, it?s probavly worth 1/3 of its original price.
pixie85
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February 04, 2018, 11:01:21 PM
 #5

Why are you posting it from a new account OP? Are you afraid to compromise your main one or are you afraid of openly saying that you're an employee of GM?
I always trust people who make accounts just to give us some vital info. Wink

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