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Author Topic: Hashflare vs Genesis vs Bitforx - My experience  (Read 358 times)
Ruby Anderson (OP)
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April 30, 2018, 07:31:21 AM
 #21

I have account at Genesis Mining for bitcoin and ethereum. The first one (Bitcoin) will be practically impossible to at least receive what I paid. In Ethereum, it will still be worse, because with the payments I am currently receiving, I think I will never be paid. In my opinion, do not invest in Genesis Mining.

All right, thanks to the warning. I just planned to invest in cloud mining. Some YouTubers suggest to Genesis Mining.
I also see a lot of Genesis mining ads, that makes me curious about cloud mining. But fortunately, I found this topic and learn a lot. So I can decide my investment now.

it is most wise to research before you invest in something you don't know! let me tell you that i find cloud mining comfortable and profitable as well! but, i think it's already easy to see from my review! Anyway, I don't want to be the kind of person who talks trash about other companies, but trust me - Genesis Mining is a too much of a big company for a beginner to start mining with! They DO NOT have time for customers!! and I'm telling you this - they do not really care for customers! are you a beginner, are you a professional miner, secret customer service quality control, or whoever... they answer questions 3-4 days later and that's if you got lucky! other than that i don't have problem with them, except there were times when I did not get the payouts because of the technical errors and they couldn't fix it, so... ye... just be with the company who cares about the customers, even for the explanation or just a little help!
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May 04, 2018, 07:11:11 PM
 #22

3 scams, do not waste your time with it.

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May 04, 2018, 07:15:00 PM
 #23

3 scams, do not waste your time with it.

+1

This guy is obviously a cloud mining shill.

Ignored.

PIA went evil: https://bitcointalk.org/index.php?topic=5203968.msg53160131#msg53160131 Unofficial & Uncensored SYSCOIN thread: https://bitcointalk.org/index.php?topic=4748031.0    Do not trust Yobit/HitBTC/BiteBTC/coinsbit/p2pb2b/Mercatox/C-cex/Poloniex/WEX/KuCoin/LiveCoin/TheRockTrading/Bitfinex/ADAB/Okex/TradeSatoshi/Gate.io/Changelly/Freewallet.org/crex24 scam exchanges or ICO's by known scammers like HashCoins/Ambisafe/Bountyhive - they WILL scam you! Use diligence & research. Buy coins, sell coins - don't invest in stupid shit. If your questions aren't answered - don't touch it.
Ruby Anderson (OP)
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May 07, 2018, 06:59:45 AM
 #24

3 scams, do not waste your time with it.

Thank you for your generous warning  Grin Grin Grin Wink
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May 31, 2018, 04:16:43 PM
 #25

The problem with cloud mining, is just how closely it (visibly) resembles a ponzi scheme.

You put money into this unknown box. You wait. And then magically, more money comes out. (You hope).

Imho, if cloud mining sites *are* legit, they should operate similar in style to nicehash, and allow you to point your share of the miners towards whatever pool you so choose.

I know hashflare lets you "choose" pools, but the proof of mining, (and more importantly, the proof of non fractional mining) would be so much greater if you had full control over your hashrate.

Not only that, but it would also allow miners to mine sha256 altcoins with their contracts, and promote decentralization, by not supporting only a few large pools.

 
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