Quote from: IanFoxley on July 04, 2014, 02:19:51 PM

Quote from: xephyr on July 04, 2014, 02:15:30 PM

Quote from: jimmy2k on May 30, 2014, 04:56:10 PM

Hey Guys,

I know from trustworthy sources that Genesis mining (www.genesis-mining.com) are selling in record numbers at the moment due to their extreme low prices and upgrade their farm more and more! If you read their posts and do some research they already had gigahashes of scrypt at the very beginning of this year when it was impressive to have > 10 MH/s with GPUs!

Could that be a threat to Altcoin world? What do you say?

Genesis Mining is not a scam but they are not a good deal either. They are offering mediocre returns on high priced contracts. All you have to do is look to find reputable companies selling mH for much less than Genesis Mining. With altcoin prices depressed it is more important than ever to seek out the companies with lowest cost per MH to invest your money if you hope to get ROI.

They have lowered their prices today.

Prices at Genesis Mining are still over $90 per mH, and to get that rate you have to spend over $9000 for 100 mH. The 1 mH contract is now $119. Sorry to deflate anyones hopes and dreams, but you will never get ROI if you pay Genesis Mining rates. Get serious about your investments and put your money to work at the companies offering lowest cost per mH.