Re: Cloud Mining - Please help a newbie

I can confirm Hashnest and Genesis Mining, i have to check better bit-x but in the first view looks legit.

i agree with Hashnest but not on genesis mining. bit-x looks like trusted too coz they are under BitFury are they confirmed it AFAIK

Im not trust genesis mining, "lifetime contract" is very possible running ponzi scheme
also if you calculate "the fee" and "reward mining" different if you calculate with mining calculator

I'm sure some will call me bias, but honestly I'm able to state my opinion. But I do not like anything that say's "lifetime". As a miner I know all machines have a lifetime.

Of course it can't be lifetime.. In the case of Genesis Mining is just such a term. We all know that the difficulty of mining grows with each passing day, so power purchased now will slowly approach zero.

I wish they would have put "Long term mining" or something to suggest long period of time but not lifetime. To many scam sites use lifetime on trying to sell cloud contracts (no I'm not calling genesis mining a scam).

But that is my preference and I'm just one person.