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Author Topic: Genesis-mining.com || World's leading hashpower provider!  (Read 383587 times)
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babs1975
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January 23, 2016, 07:09:09 AM
 #4061

I want to invest in Genesis-mining but I am not very sure how it works. When you invest in a one year contract, do you get your principle back after the expiry of the contract?

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January 23, 2016, 07:14:26 AM
 #4062

I want to invest in Genesis-mining but I am not very sure how it works. When you invest in a one year contract, do you get your principle back after the expiry of the contract?

Hah. U dont.

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January 23, 2016, 07:20:02 AM
 #4063

I want to invest in Genesis-mining but I am not very sure how it works. When you invest in a one year contract, do you get your principle back after the expiry of the contract?

Hi Babs, i have a one year contract with X11 and how it works is that you pay for the hashpower for a year and then that hashpower is used to mine coins.
After a year it will stop so it is the mined coins that you get back in a year that will determine if you have made a profit or a loss.

They can not give the principle back as the money you pay upfront is for purchasing hashpower for a year and that hashpower is tied to a graphics card which is being reserved to you for a whole year.

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January 23, 2016, 11:13:42 AM
 #4064

Babs, You shill.
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January 23, 2016, 12:20:34 PM
 #4065

Babs, You shill.

l.m.a.o
he's a shill? 
says the 3 post newbie account , lets see a signed message for that 21btc they "refunded" you then hmm?   
like omg this threads gonna get so nuked when they come online guys, outsing their scams haha
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January 23, 2016, 01:55:33 PM
 #4066

I finally received a refund on my Genesis contacts (10 days after requesting a cancellation and 11 days after my initial purchase.) Genesis refunded all 21.545 btc.

 It was not easy dealing with support or IT, but they eventually coughed up the coin. All in all I think I'd have to give GM a generous" C- ". Customer support is mostly awful: waiting on replies for 2 or 3 days. I understand that GM has "100,000 customers" ( probably unhappy ones) but with a  substantial investment, I expect a higher level of service then that of my cable provider.

After failing to reach support for 3 days trying to confirm the cancellation/refund, I sent a message to GM on their Facebook page. They responded with this: " You need to show more patience." Seriously GM!? Go flog yourselves. GM you need to show more fiduciary responsibility to folks who have given you their $$$. 

I'm sure I could have been persuaded to keep some of my investment in GM had things gone smoothly, but that's a big nope for me now.

Best of luck to all who have active contracts I hope you all get your ROI. I don't think that GM is a scam; just an org with a lousy business plan, zero transparency and poor implementation.
 


What did you do to invoke the refund policy? Is there a clause that allow you to do that? I wonder will this discussion be removed.

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January 23, 2016, 03:21:58 PM
 #4067

I finally received a refund on my Genesis contacts (10 days after requesting a cancellation and 11 days after my initial purchase.) Genesis refunded all 21.545 btc.

 It was not easy dealing with support or IT, but they eventually coughed up the coin. All in all I think I'd have to give GM a generous" C- ". Customer support is mostly awful: waiting on replies for 2 or 3 days. I understand that GM has "100,000 customers" ( probably unhappy ones) but with a  substantial investment, I expect a higher level of service then that of my cable provider.

After failing to reach support for 3 days trying to confirm the cancellation/refund, I sent a message to GM on their Facebook page. They responded with this: " You need to show more patience." Seriously GM!? Go flog yourselves. GM you need to show more fiduciary responsibility to folks who have given you their $$$. 

I'm sure I could have been persuaded to keep some of my investment in GM had things gone smoothly, but that's a big nope for me now.

Best of luck to all who have active contracts I hope you all get your ROI. I don't think that GM is a scam; just an org with a lousy business plan, zero transparency and poor implementation.
 


What did you do to invoke the refund policy? Is there a clause that allow you to do that? I wonder will this discussion be removed.

I don`t get the problem. You bought a contract and then decided to cancel the purchase the day after and even got the money back and still complain?
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January 23, 2016, 04:23:14 PM
 #4068

What did you do to invoke the refund policy? Is there a clause that allow you to do that? I wonder will this discussion be removed.

User already has written that he had contract for one day then asked for refund.

So no I don't think it means that someone who has had a contract for a very long time will get a refund.

More like GM were being generous than anything else because of the website issues and so it was a goodwill gesture.


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January 23, 2016, 04:45:09 PM
 #4069

Hi guys this is then the "BEST" site to cloud mining? i want to invest about 4.000dollars to cloud site somewhere but i dont know to choose i googling maybe a week to know is it scam or not... i mean i looking for more site like is eobot,cldmine,hashocean etc... this one too what is the best not scam site? what site you invest more then 100 bucks? (dont reply if you dont invest nothing and site pay you 0.00001 bitcoin that its not a proof)
thanks
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January 23, 2016, 06:07:59 PM
 #4070

Hi guys this is then the "BEST" site to cloud mining? i want to invest about 4.000dollars to cloud site somewhere but i dont know to choose i googling maybe a week to know is it scam or not... i mean i looking for more site like is eobot,cldmine,hashocean etc... this one too what is the best not scam site? what site you invest more then 100 bucks? (dont reply if you dont invest nothing and site pay you 0.00001 bitcoin that its not a proof)
thanks
Genesis Mining, try X11 or Ether mining  Smiley

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
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January 23, 2016, 06:24:08 PM
 #4071

Hi guys this is then the "BEST" site to cloud mining? i want to invest about 4.000dollars to cloud site somewhere but i dont know to choose i googling maybe a week to know is it scam or not... i mean i looking for more site like is eobot,cldmine,hashocean etc... this one too what is the best not scam site? what site you invest more then 100 bucks? (dont reply if you dont invest nothing and site pay you 0.00001 bitcoin that its not a proof)
thanks

For what it`s worth: I have a 100MH X11 contract since 2 weeks and so far I am very happy with it. Don`t know whether I will ROI (in BTC), but I think I have a fair chance and an attractive risk-reward profile from a rock solid company.

As for "scam": I personally know 6 people working in the company and literally everyone of them is a great and honest individual and a good friend. Those guys are long time Bitcoin Pro`s. I have a hard time imagining a better team. I am actually rather sceptical towards mining as an investment, in BTC terms, and I have mined in the past, but I wanted to give it a shot and this is for me 100% the one and only cloudmining operation I`d pick, as it is the only one I`m absolutely sure is not a scam or ponzi or whatever shit there is around.
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January 23, 2016, 06:25:20 PM
 #4072

Hi guys this is then the "BEST" site to cloud mining? i want to invest about 4.000dollars to cloud site somewhere but i dont know to choose i googling maybe a week to know is it scam or not... i mean i looking for more site like is eobot,cldmine,hashocean etc... this one too what is the best not scam site? what site you invest more then 100 bucks? (dont reply if you dont invest nothing and site pay you 0.00001 bitcoin that its not a proof)
thanks

What exactly are you hoping to get out of this endeavour?

=P
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January 24, 2016, 07:11:43 AM
 #4073

Biggbox,

GM's 5 day money back guarantee is worded at the top of this page. I don't think you'll be refunded if you've had a contract beyond 5 days. However if you are a US citizen and feel that you are a victim of fraud by GM, I encourage you to contact:

US COMMODITY FUTURES TRADING COMMISSION

Office of international Affairs

(202)418-5645
Crypto8
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January 24, 2016, 07:20:25 PM
 #4074

What did you do to invoke the refund policy? Is there a clause that allow you to do that? I wonder will this discussion be removed.

There is no clause, except the 5 day moneyback guaranteed... if you are not happy with the service, you will get a full refund minus the earned coins...

.
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January 30, 2016, 01:42:10 AM
 #4075


Updated X11 Mining Payouts

Dash price is up up up and so is my contract. Almost +30% ahead of the curve by now.


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January 30, 2016, 01:49:31 AM
 #4076


Updated X11 Mining Payouts

Dash price is up up up and so is my contract. Almost +30% ahead of the curve by now.



Nice!

X11 and Ethereum are doing Great!!

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
Indianacoin
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January 30, 2016, 08:45:17 AM
 #4077

Well I am afraid to state that from the last two days I have been receiving dust payouts from my 10 MH/s x11 contract.

I was receiving genuine payouts  of around 0.001 btc until recently I am receiving dusts of around 0.00001 btc Huh

Please resolve this.
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January 30, 2016, 08:49:23 AM
 #4078

Well I am afraid to state that from the last two days I have been receiving dust payouts from my 10 MH/s x11 contract.

I was receiving genuine payouts  of around 0.001 btc until recently I am receiving dusts of around 0.00001 btc Huh

Please resolve this.

Thats defo not right. My last payout for 1 MH/s BTC (AUTO) was 0.00018646 BTC so you should have had 0.00186  BTC at least.




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January 30, 2016, 02:47:39 PM
 #4079

Questions to Marco Streng :

Why do you sometimes post with your ZetaOS profile and sometimes with your Genesis Mining profile ? Do you have other accounts ?


I am not Marco Streng, i am a consumer just like you, and i created the MOON voucher for the affiliated program.

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
babs1975
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February 01, 2016, 03:38:52 AM
 #4080

I want to invest in Genesis-mining but I am not very sure how it works. When you invest in a one year contract, do you get your principle back after the expiry of the contract?

Hi Babs, i have a one year contract with X11 and how it works is that you pay for the hashpower for a year and then that hashpower is used to mine coins.
After a year it will stop so it is the mined coins that you get back in a year that will determine if you have made a profit or a loss.

They can not give the principle back as the money you pay upfront is for purchasing hashpower for a year and that hashpower is tied to a graphics card which is being reserved to you for a whole year.

Ian thanks for your explanation.

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