Genesis Mining SHA256 contract Payouts. Profitable?

[IanFoxley]

Hello.

Has anyone got a SHA256 contract with Genesis Mining yet?

If you have and have had payouts.

Can you post examples here as it would be good to compare with other companies that offer the same thing at similar prices.

Many thanks

Ian

[1713585690]

1713585690

[1713585690]

1713585690

[1713585690]

1713585690

[1713585690]

1713585690

[1713585690]

1713585690

[1713585690]

1713585690

[padrino]

Hello.

Has anyone got a SHA256 contract with Genesis Mining yet?

If you have and have had payouts.

Can you post examples here as it would be good to compare with other companies that offer the same thing at similar prices.

Many thanks

Ian

So you have them in your signature block and you don't even have confidence in them, I suspect you will sell your mom for a hit if the price is right

[eoakland]

Hello.

Has anyone got a SHA256 contract with Genesis Mining yet?

If you have and have had payouts.

Can you post examples here as it would be good to compare with other companies that offer the same thing at similar prices.

Many thanks

Ian

So you have them in your signature block and you don't even have confidence in them, I suspect you will sell your mom for a hit if the price is right

ha !

[jimmothy]

They got banned on reddit /r/bitcoinmining for using shills.

[jucamacieira]

Facts:

Génesis Mining sha256 HASHRATE 3.0000 TH/s
https://docs.google.com/spreadsheets/d/1OJYGXuIUpFc7OeXxYGv5NNNfi_hjjQ4mLvYwN8OcNbc/edit?usp=sharing

Génesis Mining X11 HASHRATE
https://docs.google.com/spreadsheets/d/1qjim7imD6CLBts66u_68prRKoGsoxN1kfMyL_apR_EM/edit?usp=sharing

[digaran]

I never bought from them but I bought from hashnest and deposited $4 bucks withdrew $4.5 after 4 days.
How ever I don't know if they treat large amounts of money as well though.

[navigatrix]

Facts:

Génesis Mining sha256 HASHRATE 3.0000 TH/s
https://docs.google.com/spreadsheets/d/1OJYGXuIUpFc7OeXxYGv5NNNfi_hjjQ4mLvYwN8OcNbc/edit?usp=sharing

Génesis Mining X11 HASHRATE
https://docs.google.com/spreadsheets/d/1qjim7imD6CLBts66u_68prRKoGsoxN1kfMyL_apR_EM/edit?usp=sharing

So what is Genesis' maintenance charge per TH/s? I didn't try them because they are not transparent about it up front.
I did purchase a small amount of X11 and ETH with them and payouts are regular... I think I will make a small amount of ROI with those.

[BitcoinNewsMagazine]

Facts:

Génesis Mining sha256 HASHRATE 3.0000 TH/s
https://docs.google.com/spreadsheets/d/1OJYGXuIUpFc7OeXxYGv5NNNfi_hjjQ4mLvYwN8OcNbc/edit?usp=sharing

Génesis Mining X11 HASHRATE
https://docs.google.com/spreadsheets/d/1qjim7imD6CLBts66u_68prRKoGsoxN1kfMyL_apR_EM/edit?usp=sharing

So what is Genesis' maintenance charge per TH/s? I didn't try them because they are not transparent about it up front.
I did purchase a small amount of X11 and ETH with them and payouts are regular... I think I will make a small amount of ROI with those.

They have never been transparent and use fanboys to drum up business. Usually no one who takes time to research the competition would buy hashing from GM. You are likely to be underwater at the halving, have your contracts cancelled and there has never been a market where you can sell your hashpower. Until the halving I would not buy hashpower from Hashnest or BW either. Wait for the newest gen miners to be introduced them make a decision.

[jacobmayes94]

I would never bother buying cloud mining, and it can be pulled at any moment if the company goes bust, no better than a Ponzi in my opinion. Best spent buying the coins, to be fair or going scrypt at present. Or waiting for next gen hardware.