Quote from: Glucose on February 10, 2017, 08:55:44 PM

Quote from: Zeta0S on February 08, 2017, 10:51:31 PM

Quote

Never heared so much bullshit. I don't know if you are one of the Genesis Mining "minions" trying to ruin this thread lol,

Did you not try to ruin the official Genesis Mining Thread yourselves?

Oh yeah I tried to say the truth on their thread and warn other cutomers. No regrets about that. In my opinion everybody should ruin their thread because they are liars and thieves.
The only question is why you are still supporting them (and my answer is you are probably being paid by them..)

Because Genesis Mining is a parasitic scam.
Zeta0S has been bonded to it for a long time.

His latest posts lead to his Youtube channel.
https://www.youtube.com/channel/UC-YY2DsZVEvsNNRSFkprxLQ/videos

Checkout out all those GM videos. Being a referral whore and hooking new users to GM using his subscriber userbase.
Then there's also this place - http://www.bitcoinupdate.nl/
The beginning posts looked genuinely helpful in showing off hardware reviews.
Greed possibly took over, only Vic can tell us.

GM is just one of the many HYIP and blatantly bad cloud-mining sites he promotes through his channels.

Zeta0S/Vic's most recent GM promo has some nice hidden gems.
Also take a look at those dashboard readouts and at the of the checkout.
Review Genesis Mining income and settings February 2017
What's that I hear about contracts at around 2:50-3:10?

Then there's the comments already within hours asking for help to understand the bait and bewilderment...
Followed by the stock answer from him and others.
Its like an incantation spell uttered on all the social media when pressed for details on how to get diminishing payouts.

"The specific duration of an Open-Ended contract is variable and determined by three factors: The mining difficulty, the Bitcoin vs USD exchange rates and the maintenance fee (This includes all electricity, cooling, development and servicing costs). We cannot control the first two factors which are unpredictable, but we do always deploy the latest mining technology, and do our best to keep it running at their maximum capability for you.

In the event of a contract becoming unprofitable (i.e. the payout cant cover the maintenance fee), the resulting daily payout will be zero. After that, the contract will continue to mine for 60 days. This means that we will take care of the maintenance fee in the hope that your contract becomes profitable again. This may happen if the mining network difficulty decreases and/or Bitcoin price increases. If the contract does not return to profitability in this period it will be terminated because the mining machines are consuming resources (electricity, cooling, hosting, servicing, etc.) which cannot be paid with their generated payouts.

You will receive a notification if your contract is affected, and a number of options will be offered on how to proceed."

Genesis Mining is a parasitic scam.
The promoters carry the disease.
I hope BCT starts to reject them out the forum and see that the math and management style doesn't work.