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Author Topic: Genesis-mining.com || World's leading hashpower provider!  (Read 381367 times)
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Zeta0S
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September 23, 2015, 06:40:32 PM
 #3381

I believe in this and that...

Well, personally I think verification is way more important here than belief. Once they verify that they´re the world´s largest cloud mining operation I´ll start believing. Shouldn´t be much of a problem, transparency is after all their middle name, according to themselves.
What is it you would like to see?  I can ask for a photo for there farm if you like.

I would like to see which freakin blocks they find what do you think. The amount of hash power. I want them to verify that they´re the world´s largest cloud miner.

I dot know if they are the largest.  Can be marketing talk, thats always exaggerated.
If i was GM, i would also say i am the largest, no harm there.

About the blocks, i can remember there is a security issue whit that.

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
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September 23, 2015, 08:57:11 PM
 #3382

Something to consider is the bitcoin block reward halving is coming up ~ July 2016. If bitcoin price stays at current level, difficulty continues to increase, when reward is cut in half all current Genesis Mining contracts will be underwater (payout will not cover maintenance fee) and will be cancelled. Before that time if GM actually plans to continue selling hashing they will have to upgrade their miners to remain competitive. They may throw current contract owners some sort of bone to upgrade to new more expensive contracts.

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September 23, 2015, 09:11:05 PM
 #3383

A slight improvement for yesterdays operation.  Difficulty is the same, BTC is $2 lower yet there is an improvement in payout.  This is the kind of thing that makes you want to just scratch your head.



Thank Glob your S7s will be up and running soon  Smiley
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September 24, 2015, 12:24:20 AM
 #3384

I know, I can't wait!  Cheesy

Try Kano CKPool - Tip Addy: 1EAbq69WSa1mNKkoWraEyUfqZkcjDcCzYm
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September 24, 2015, 12:34:20 AM
 #3385

A slight improvement for yesterdays operation.  Difficulty is the same, BTC is $2 lower yet there is an improvement in payout.  This is the kind of thing that makes you want to just scratch your head.



Thank Glob your S7s will be up and running soon  Smiley

S7 hash is coming to the market? I thought that was months away. That´s going to be very interesting. Not in hashnest at the moment, cashed out after that latest BTC plunge. It´s a good service. Transparent as in the real thing, not the hot air variety.

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September 24, 2015, 02:01:01 AM
 #3386

I waited more than 10 days, why not to take any action in my ticket and no reply
My concern in this matter I give my friend a Ticket using a different email. But you reply to him in quick time, but for my Ticket still no response.
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September 24, 2015, 02:33:14 AM
 #3387

Hmm. Seems like a ponzi. We shall see. lol.  Cool

Well, there seems to be about 100% correlation between refusing to verify hashrate, blocks found etc., and ceasing operations without warning, leaving customers in the lurch. So far it has been only a question of time. Maybe Genesis is the exception only time will tell.

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September 24, 2015, 04:28:27 AM
 #3388

After 5 days without a payment on my "old" 0,0019$ fee contract i recieved a payout pretty near half of the last one i got  Grin

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September 24, 2015, 05:06:50 AM
 #3389

After 5 days without a payment on my "old" 0,0019$ fee contract i recieved a payout pretty near half of the last one i got  Grin

Nothing here. Last payout was mining day 17.9. But it´s just dust anyway so no big deal.

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September 24, 2015, 05:25:01 AM
 #3390

After 5 days without a payment on my "old" 0,0019$ fee contract i recieved a payout pretty near half of the last one i got  Grin

Nothing here. Last payout was mining day 17.9. But it´s just dust anyway so no big deal.

Maybe, but i got a payout  Roll Eyes

.BitDice.               ▄▄███▄▄
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September 24, 2015, 08:01:09 AM
 #3391

A slight improvement for yesterdays operation.  Difficulty is the same, BTC is $2 lower yet there is an improvement in payout.  This is the kind of thing that makes you want to just scratch your head.

http://i.imgur.com/VzXm7Hz.jpg

I was going to throw something similar together as this is what is bugging me most. difficulty changes, price stays the same pay out drops. Difficulty stays the same, price drops, payout rises. If there has been a technical hitch over the past week and money has been lost then we are owed something!
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September 24, 2015, 08:44:09 AM
 #3392

A slight improvement for yesterdays operation.  Difficulty is the same, BTC is $2 lower yet there is an improvement in payout.  This is the kind of thing that makes you want to just scratch your head.



I was going to throw something similar together as this is what is bugging me most. difficulty changes, price stays the same pay out drops. Difficulty stays the same, price drops, payout rises. If there has been a technical hitch over the past week and money has been lost then we are owed something!

You can always calculate it yourself using a mining profitability calculator like on coinwarz. Just use 41.667 for the power used, and fill in the price of the electricity as follows: 2.00 for 0.20 per GH per day, 1.50 for 0.15 per GH per day, 1.20 for 0.12 per GH per day.

Below how it works out for a 1 TH contract with a 0.15 fee:

http://www.coinwarz.com/calculators/bitcoin-mining-calculator/?h=1000&p=41.667&pc=1.50&pf=0.00&d=59335351233.86660000&r=25.00000000&er=233.90000000&hc=0.00

=P
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September 24, 2015, 09:51:53 AM
 #3393

      It is a ponzi scheme, I have to send Ticket refunds. But he ignored me wait more than 10-11 days without any progress.

If you invest, you will never get your money back. They will freeze your money. Of course, you. need more than two years for the ROi

Yesterday I was contacted Fanpage of Genesis, but he told me to stop posting these. I do not know why I waited more than 10-11 days, he did not answer my Ticket, there is no. clear answer.

I had a friend of mine sent by email to another Ticket differ. But he quickly answered Ticket I know that. They just do not care for that Ticket refunds. Or say something to me. They should give me a refund if the customer is not satisfied, but it's not bad for me. And I'm disappointed with this investment.

If you want transparency And their care.
I do not recommend you to invest in this hell.



If you do not intend to steal my money. Please give me a refund
My ticket is #13877 If you do, it all ended well.
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September 24, 2015, 10:01:51 AM
 #3394

      It is a ponzi scheme, I have to send Ticket refunds. But he ignored me wait more than 10-11 days without any progress.

If you invest, you will never get your money back. They will freeze your money. Of course, you. need more than two years for the ROi

Yesterday I was contacted Fanpage of Genesis, but he told me to stop posting these. I do not know why I waited more than 10-11 days, he did not answer my Ticket, there is no. clear answer.

I had a friend of mine sent by email to another Ticket differ. But he quickly answered Ticket I know that. They just do not care for that Ticket refunds. Or say something to me. They should give me a refund if the customer is not satisfied, but it's not bad for me. And I'm disappointed with this investment.

If you want transparency And their care.
I do not recommend you to invest in this hell.



If you do not intend to steal my money. Please give me a refund

They dont have to give you a refund though, if they do it is a gesture of goodwill on their part and they have a good cause clause part in their contract as well.

So unless something bad happens like volcanoes wipe out their mining farms or farms are destroyed in a fire and things like that, there is not that much you can do.

This is why some users like the idea of having a marketplace so that if you want to leave your contracts you can just sell your hashpower and move on, although not really sure you would get the same amount of Bitcoin you invested after selling though.

I cant think of any cloud mining companies that I have invested in that allow users to have a refund unless like I said. they had a marketplace available.



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September 24, 2015, 10:07:13 AM
 #3395

     It is a ponzi scheme, I have to send Ticket refunds. But he ignored me wait more than 10-11 days without any progress.

If you invest, you will never get your money back. They will freeze your money. Of course, you. need more than two years for the ROi

Yesterday I was contacted Fanpage of Genesis, but he told me to stop posting these. I do not know why I waited more than 10-11 days, he did not answer my Ticket, there is no. clear answer.

I had a friend of mine sent by email to another Ticket differ. But he quickly answered Ticket I know that. They just do not care for that Ticket refunds. Or say something to me. They should give me a refund if the customer is not satisfied, but it's not bad for me. And I'm disappointed with this investment.

If you want transparency And their care.
I do not recommend you to invest in this hell.



If you do not intend to steal my money. Please give me a refund

They dont have to give you a refund though, if they do it is a gesture of goodwill on their part and they have a good cause clause part in their contract as well.

So unless something bad happens like volcanoes wipe out their mining farms or farms are destroyed in a fire and things like that, there is not that much you can do.

This is why some users like the idea of having a marketplace so that if you want to leave your contracts you can just sell your hashpower and move on, although not really sure you would get the same amount of Bitcoin you invested after selling though.

I cant think of any cloud mining companies that I have invested in that allow users to have a refund unless like I said. they had a marketplace available.




If they are true transparency or not ponzi or do not want to steal my money, They without freeze our money.
Why did not they say anything? Why do they ignore my ticket,pm, and all message from me?  

Do you think that 10-11 days is a little bit? It was a long time! I just want my money back. Nothing more!
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September 24, 2015, 10:57:55 AM
 #3396

Have you checked your spam folder? GM does not usually take so lang to answer a ticket.

=P
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September 24, 2015, 11:22:17 AM
 #3397

My ticket last week and the reply from yesterday.

---MAIL---
Re: [#xxxxx] New Order of Hashpower
23-Sep-2015 15:06

We approved your order for you and also paid you for some days you had been waiting.

Best regards,
Craig
Genesis Mining
---END---

GM works well  and they have look blockchain where i had a problem or mistake to transfer some btc for more new hashpower.
I get now more btc with the new contract also and they have got the payment.

I see no problems with GM, good Service.

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September 24, 2015, 12:19:40 PM
 #3398

     It is a ponzi scheme, I have to send Ticket refunds. But he ignored me wait more than 10-11 days without any progress.

If you invest, you will never get your money back. They will freeze your money. Of course, you. need more than two years for the ROi

Yesterday I was contacted Fanpage of Genesis, but he told me to stop posting these. I do not know why I waited more than 10-11 days, he did not answer my Ticket, there is no. clear answer.

I had a friend of mine sent by email to another Ticket differ. But he quickly answered Ticket I know that. They just do not care for that Ticket refunds. Or say something to me. They should give me a refund if the customer is not satisfied, but it's not bad for me. And I'm disappointed with this investment.

If you want transparency And their care.
I do not recommend you to invest in this hell.



If you do not intend to steal my money. Please give me a refund
My ticket is #13877 If you do, it all ended well.

In contrast to many other (PONZI)

it says there. Wonder if that´s a freudian slip. Unlike other ponzis they´re dedicated to transparency, most trusted in the world et cetera. One thing is for sure though, LIKE other ponzis they refuse to prove that they mine.

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September 24, 2015, 01:55:02 PM
 #3399

Unlike other ponzis they´re dedicated to transparency, most trusted in the world et cetera. One thing is for sure though, LIKE other ponzis they refuse to prove that they mine.

When I asked about their proof of mining, they showed me this website -> http://lifeinsideabitcoinmine.com/ where I can see their miners working 24/7.
But I doubt they are really utilizing them for customers  Huh  Roll Eyes  Roll Eyes

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September 24, 2015, 02:21:05 PM
 #3400

I'm a bit nervous about the fact, that GM is registered as 'Limited' in Hong Kong.
It's very very easy to start a company there, without many checks for $1000 (and ~$300 / year).

They say it is because of the tax. But it tastes quite bitter.
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