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Author Topic: Genesis-Mining Review  (Read 126843 times)
CjMapope
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April 24, 2015, 09:15:28 AM
 #301

Best ROI offers might be just not their thing for the moment, I think they concentrate on being visible in crypto world (attending conferences etc) and offering interesting payout options in different coins. So I guess if you're good in alts you could play around these different options, but then again super hot new coins take a long time to be added there. And when they are added the time to dump has passed most of the time.

I m not searching for best ROI offer, I m searching for evidence anyone reaching ROI with them by using their cloud mining service and not referral fees.

you wont find it. the only way ROI with them is if u go over 10TH/s, a.k.a like 10,000$ Sad not good for little guy. i have over 1 TH, paid 1000$ and i recieve a dollar a day, sometimes less Sad so my ROI is 900 days Sad
go elsewhere, they also have no refund policy and no way to sell off your hash (market)

~Got this girl in my bed, a roof over my head, i mint a couple coins a week, and thats how i make bread~
~On the 12th day of Hatzvah, OGminer said to me: "compute root of the merkle hash tree!"~
Prohashing  -- Simply the best Multipool!
michael2121
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July 10, 2015, 07:44:20 AM
 #302

If you guys are interested in Genesis Mining and a look from the inside check out my blog at http://genesismining.blogspot.com. If you do decide to mine some coin with Genesis Mining don't forget to use this code: mDXuFv You get a good discount on you investment!

My ROI is not as bad as other people are talking about. It may have been do to the crash in value of Bitcoin causing them to lose out on their initial investment. The key is to buy cheap and sell high.
cryptost
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July 22, 2015, 11:29:47 AM
 #303

I decided to take the plunge with a couple of TH see how it goes based on payouts so far looks like around 8 month ROI without difficulty changes, lets see how it goes.
Borgminer
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July 30, 2015, 05:25:01 PM
 #304

I got 350 ghs their . And no coins have been added to the account yet . its been up for 6 hours now .




v9ZLJY 2.5 percent discount .   enjoy
kevindurant
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July 30, 2015, 06:55:49 PM
 #305

Best ROI offers might be just not their thing for the moment, I think they concentrate on being visible in crypto world (attending conferences etc) and offering interesting payout options in different coins. So I guess if you're good in alts you could play around these different options, but then again super hot new coins take a long time to be added there. And when they are added the time to dump has passed most of the time.

I m not searching for best ROI offer, I m searching for evidence anyone reaching ROI with them by using their cloud mining service and not referral fees.

you wont find it. the only way ROI with them is if u go over 10TH/s, a.k.a like 10,000$ Sad not good for little guy. i have over 1 TH, paid 1000$ and i recieve a dollar a day, sometimes less Sad so my ROI is 900 days Sad
go elsewhere, they also have no refund policy and no way to sell off your hash (market)

Wait, what? I had 1 th/s power and my ROI is less than 250 days. Are you sure you did everything right?
It's almost impossible to see 900 days ROI.

Oops! Somebody bumped this old thread. I'm sure ROI time is ok right now.

Borgminer
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July 31, 2015, 03:14:53 AM
 #306

looks to be a ponzi scheme here as well .  purchased hash power nothing is mining .
IanFoxley
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July 31, 2015, 05:10:36 AM
 #307

looks to be a ponzi scheme here as well .  purchased hash power nothing is mining .

Payouts do take 24-48hours when you first start a contract, just so you know. So if you started a contract yesterday, then you should get a payout today for it.

Did you pay with Credit Card??  If so, they will hold your payouts for about a month as well.

favdesu
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July 31, 2015, 05:47:02 AM
 #308

I think genesis-mining is one of the last legit cloudminers, though I don't appreciate what they did to former scrypt holders...

how many years is their current ROI?

jdebunt
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July 31, 2015, 06:15:51 AM
 #309

cloud mining is nearly impossible to ROI within an "appropriate" amount of time, as long as BTC stays below 320$. This story is the same for nearly any cloud mining company out there
Borgminer
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July 31, 2015, 08:14:11 AM
 #310

usd btc . no profits showing up
IanFoxley
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July 31, 2015, 08:26:46 AM
 #311

usd btc . no profits showing up

Will post again.

Payouts do take 24-48hours when you first start a contract, just so you know. So if you started a contract yesterday, then you should get a payout today for it.

Did you pay with Credit Card??  If so, they will hold your payouts for about a month as well.

IanFoxley
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July 31, 2015, 08:33:42 AM
 #312

I think genesis-mining is one of the last legit cloudminers, though I don't appreciate what they did to former scrypt holders...

how many years is their current ROI?

Yeh well, all companies mining Scrypt did the same thing.

I had scrypt with Zeushash, GM and Gawminers...GM lasted the longest and that was because they carried on trying to lower maintenance fees as much as they could but didn't help much.

If you look at my videos i did on youtube..Gawminers were paying out 1 Satoshi on their scrypt hashlets from around December, and the only reason they paid out 1 satoshi was because then they could say their hashlets were still profitable...

The hashlets were awful and Zeushhash also stopped in December and gave me some free GH/s for the MH/s that I had.

Worst mistake GM did was going to lifetime contracts in September but they had no choice as too many users were complaining that their contracts were too high in price and raving about Hashlets, so GM had to introduce lifetime contracts with a daily fee to compete.  I have one of their older contracts, 1 year with all fees paid up front. so still been getting Scrypt payouts all the time. So if they had kept with those contracts even though they were more expensive, then there would have been more happy customers around.

kevindurant
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July 31, 2015, 10:12:00 AM
 #313

looks to be a ponzi scheme here as well .  purchased hash power nothing is mining .

It's not ponzi, they really do mining. They have Spoondoolies Tech mining equipment. You can see details in their site. They are pretty legit cloud mining site, like Cex.io and Hashnest.

Jelks
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August 10, 2015, 05:12:00 AM
 #314

I just posted a big plug for Genesis Mining in the Unobtanium (UNO) forum.  I wasn't all that impressed with GM when I first signed up, but I am VERY much impressed now...

     https://bitcointalk.org/index.php?topic=527500.msg12100466#msg12100466

Jelks
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August 10, 2015, 05:51:05 AM
 #315

I just posted a big plug for Genesis Mining in the Unobtanium (UNO) forum.  I wasn't all that impressed with GM when I first signed up, but I am VERY much impressed now...

     https://bitcointalk.org/index.php?topic=527500.msg12100466#msg12100466

Jelks


That is quite impressive indeed.....gj by Genesis Mining Smiley
Soros Shorts
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September 02, 2015, 04:36:51 PM
 #316

I just realized that Genesis does not include any transaction fees into their daily payouts. I guess they always included their own transactions into their mined blocks, but if they don't mine any then these transactions stay unconfirmed for a long time.
Borgminer
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September 02, 2015, 04:39:33 PM
 #317

anyone get a payout in the last 24h
Zeta0S
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September 02, 2015, 04:53:31 PM
 #318

anyone get a payout in the last 24h
Yes! I do.
Check it your self: https://blockchain.info/address/12HSfuCFGoar5ZBwqHdpsUWprnSfSPRhJc

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
Soros Shorts
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September 02, 2015, 08:26:33 PM
 #319

I got a payout 9 hours ago but it is still unconfirmed.
Zeta0S
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September 02, 2015, 09:08:34 PM
 #320

I got a payout 9 hours ago but it is still unconfirmed.
Please provide us whit a blockchain link so i can see whats wrong.

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
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