Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider!
This is plain thievery.
At this rate of 10 to 1 conversion it will take 30 years to recover the amount of the initial investment.
If BTC was regulated and a legitimate finance company did this they would be closed down.
Stay very far away from this company this is a sincere warning, this is a scam.
At this rate of 10 to 1 conversion it will take 30 years to recover the amount of the initial investment.
If BTC was regulated and a legitimate finance company did this they would be closed down.
Stay very far away from this company this is a sincere warning, this is a scam.
Have you ever invested in a stock that went down and your stock broker gave you the opportunity to swap it for a better performing stock after the fact?
No "regulated or legitimate finance company" would do that for you, but GM just did.
I would be grateful?
+1. If there is somehing sincere about that post, it's that it's sincerely stupid. Sorry to be using such words but accusing a company of thievery when you are actually being offered something for free is just plain wrong.
It is not for free you fucking moron I have already paid them in full and they kept the scrypt hardware.
Dude, you are not the only miner who has lost money in this new sector of the economy
I bought 200ghs at pbmining, which went bust 2 weeks later. Hashie when bust in Janurary as well, but because I had AMhash GHs, the manufacturer rescued it's investor. Everyone, who had Gen 1 Hashie hashpower lost out. Genesis mining got 40% electricity reduction for it's customers, which is why you still have Scrypt cloud mining.
Zeus mining: all its cloud-mining customers lost everything this Janurary (10 day electricity rule). CEX.IO, all it's BTC cloudmining customers lost everything in January (10 day electricity rule).
People who bought KCnminer Titans were looking at $2,500 losses (with LTC price rise, they may breakeven). Everyone who bought 750TI's and R9 290 have been mining at a "TECHNICAL LOSS" over this Winter
This is what happens, when to many people think they can mine and convert into Fiat Currency e.g. they have no interest in saving their crypto currency coins.
Because, you are with a well managed company (Genesis mining), you still have cloudming hash