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AVERTISSEMENTThe vast majority of Cloud mining sites are only vulgar ponzi scheme scams
Use this code to get a sign in bonus : m6asGo
Genesis Mining is the largest cloud mining provider. The company was founded in January 2014. Their mining servers are located in Europe, America, and Asia.
Cloud mining allows you to rent hash power to mine crypto currencies without the need to buy specialized hardware and software for mining as well as pay electricity costs. Their server are strategically located, in places such as Iceland, to reduce costs for cooling.
There are no maintenance and mining pool fees. Genesis Mining pay all mined coins daily to your wallet. More hash power you buy, more you earn every day.
Cloud mining allows you to rent hash power to mine crypto currencies without the need to buy specialized hardware and software for mining as well as pay electricity costs. Their server are strategically located, in places such as Iceland, to reduce costs for cooling.
There are no maintenance and mining pool fees. Genesis Mining pay all mined coins daily to your wallet. More hash power you buy, more you earn every day.
Use this code to get a sign in bonus : m6asGo
Six in number, the statutes reflect the trust we place in the payment reliability of a rewarding site. This rating depends on the payment testimonials reported on by the members as well as the informed opinions of the administrators and moderators.
| legit | Some payment testimonials from many members |
| promising | Some payment testimonials from some members |
| new | Default status |
| doubtful | Doubt on the payment reliability |
| scam | Not paying or not paying soon |
| closed | Inactive or missing site |
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Actual rating of Genesis Mining
Reason to the status currently assigned by netbusiness since the 10/14/2016 at 10:55 AM
Some proof of payment
Status history
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2016-07-01 12:51:58
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2016-02-27 20:43:36
Other
Not paying : scam
4
151 Opinions on 447 comments
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I do not know what you think about genesis mining so many complaining about late payments lifelong contracts have been limited I think cloud mining is scam
Joined late 2017, then they paused my contract with the possibility to pay almost as much as a new contract to continue mining with they're new offer.
What a rip off invested £500 GBP just over a year ago they suspended the algo I was hashing and I will not make my money back from this site! Do not listen to the lie's that you will get any sort of profit!
B34RDON
No.1 listed Must have used my £500 to buy the ranking!!!
Followings
4Followers
81
They must be SCAM. No payouts since 10-March for XMR mining.
Well, let me tell you something, guys is not ponzi scheme scam, but you will never make your money back. Read the post here: https://bitcointalk.org/index.php?topic=1185909.0
Basically I have invested in Monero, around 3900USD, guess how much I generate per day? USD5 :) So Contract for two years, I will make USD3650 in 2 years. I'm not even taking into account that mining difficulty is rising, and daily return will drop. These guys know about that, but keep selling their "Contracts". Their hashpower they say you are buying is actually performing two times less effective, than any mining calculator will show you. So just stay AWAY from them.
Basically I have invested in Monero, around 3900USD, guess how much I generate per day? USD5 :) So Contract for two years, I will make USD3650 in 2 years. I'm not even taking into account that mining difficulty is rising, and daily return will drop. These guys know about that, but keep selling their "Contracts". Their hashpower they say you are buying is actually performing two times less effective, than any mining calculator will show you. So just stay AWAY from them.
Burahianu
but guess what, every cryptocoin is raising prices so if today monero is for example: 500$ , maybe the next day the cost will be 512$ or more, look the bitcoin prices just 4 months ago. :)
Followings
0Followers
26 years
already pay since 30 Nov 2017, Currently nothing. Genesis Mining is Scam ? | Edit. : 05/12/2017 8:47:55
rayandoelimi
now the zcash pumps your earnings gowing... can you post your ACTUAL ROI ?? :) im in Genesis 9 months and very happy :)
Followings
7Followers
76 years
Scam site, stopped paying! No payouts for 6 days!
olatbrisco
Not scam friend. They are paying for real....
Followings
2Followers
136 years
govindram001
Its not a Scam they are paying. Their Site gone because they had a virus attack now the site is back as usual.
Followings
1Followers
1086 years
Genesis Mining is a huge scam (or fraud if you prefer). No one can make a return on investment with the fees they are taking on contracts. It will only pay during 2-3 months and will be cancelled when the fees are higher than your payout!
govindram001
No its not a scam
Followings
1Followers
1086 years
Genesis mining turn to scam status.
Reason : Not paying : scam
Reason : Not paying : scam
