Genesis Mining deletes all my posts in their thread section so I'll post here again.
This is an old thread I did against Genesis Mining. I edited the first post today but the purpose is still the same it was when I first opened this thread : We have to warn people who are investing there, tell them they are going to lose their money, and do everything we can to shut down this scamming company.
I don't deny you could ROI with them it in the past (I did it with my first contract with them) but right know, with current difficulty, "low" bitcoin price & high fees they are taking on lifetime contracts it is only a waste of time and money for their "customers".
Genesis Mining has to shut down its service and stop scamming customers : They know no body can ROI with them and still offer contracts.
==> This is a post from another customers in their thread :
This is an old thread I did against Genesis Mining. I edited the first post today but the purpose is still the same it was when I first opened this thread : We have to warn people who are investing there, tell them they are going to lose their money, and do everything we can to shut down this scamming company.
I don't deny you could ROI with them it in the past (I did it with my first contract with them) but right know, with current difficulty, "low" bitcoin price & high fees they are taking on lifetime contracts it is only a waste of time and money for their "customers".
Genesis Mining has to shut down its service and stop scamming customers : They know no body can ROI with them and still offer contracts.
==> This is a post from another customers in their thread :
Up to 2/7/2016...I knew this day would come eventually! I am 168 days into a lifetime 1.5THs contract and it's down to paying $0.02 per day. It's not dead yet but it's gasping for air. I paid 2.6310 BTC for this contract and I've collected 0.5438 in payouts from it and that's pretty much all I will ever see back. I bought this contract as a test hoping to do more later on. What a total waste of time and money. If you are thinking of buying a cloud contract from Genesis because of their slick web site, do yourself a favor and just buy and hold BTC instead.
