Re: Genesis-mining.com || World's leading hashpower provider!
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.
LOL, you are such a bad investor. Everybody ROI x10 here. Ask ZetaOS, he earn 10 times what he invested
But don't worry, your BTC are not really lost, they are in the pocket of somebody.
I warned everybody here, so I suppose you didn't believe me and today I just can laught
P.S. GM, if you delete once again my post I promise to open a topic to ask people how much they lose/win with your SCAM. Of course, ZetaOS and IanFoxley, your evangelists will be forbidden to post.
Genesis are selling lifetime contracts. The contract says they have an option to terminate if no payout for 20 days. Why is everybody assumng that they will exercise this option? Termination is not automatic.
If GM deliberately terminate contracts that have only run for a few months, this will be very bad publicity for them.
Bitcoin mining profitability goes up and down. I have no problem with waiting for my mining to be proitable again, but I do have a problem with GM just choosing to terminate my contract now. I will take a big loss.
GM are selling these as lifetime contracts. They must adhere to the spirit of these contracts and suspend payouts until the price/difficulty changes to our favour - as it surely will.