Is cloud mining a scam? Last year my buddy and I bought $40000 and $5000 worth of Genesis Mining BTC & XMR mining contracts. Buy your own Mining Rig …
Cloud Mining A Scam? $5,000 & $40,000 Invested In 2017 | Genesis Mining Review
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Thanks for your feedback Voskcoin.
‘Genesis Mining’ is a SCAM
💀
‘TrustPilot Reviews’ shows that the vast majority of their customers have been scammed by them…
Hello can you help me
Hint: If it has the word GOAT in it…. It sucks ass.
Anyone know the physical business address for Genesis Mining? IF so, could you type it in response to this query? I sent them almost $11,000 which they have refused to credit toward the hash I wanted to purchase. I gave them the completed transfer info from the sending exchange AND the verification of the transaction by multiple blockchain explorers. After more than 48 hours, no agent had "Claimed my ticket" – ie, been assigned to look into why the purchase was not credited. All I get from their impecunious snot-nosed chat personnel is "please give it a little more time…"
These types of businesses should not be allowed to hide their physical business addresses. They do it because they are up to no fkn good.
I have some ass hole from overseas somewhere calling me trying to get me to invest in a solar mining contract promising me these huge returns lol.
THAT IS A SCAM 🤬
Maybe you should start your own cloud mining, there is a real issue of people wanting to mine but its not viable for them due to high electric prices in their country.
https://nuvoo.io/?ref=GENEX397745
Attention, this reflects my personal opinion of Nuvoo. I have been a customer there since December 2018. The point where I have my investment back is not yet reached and I think will never be reached! The first month runs fine, but then the excuses start. If about the agreed amount of payout is reached, but the sum of bitcoins does not come. In May, they were 10 days off due to server relocation. Currently, they're cutting revenue on older customers because they've forgotten to calculate the difficulty level. Or put in a maintenance day on your costs. That although in the contract one concludes with them contrary.
How to do or fight back?
On top of that, the contracts they offer are overpriced.
If that does not deter you and wants to invest there, may you like to use my link.
But beware, with increasing global hashrates, the level of difficulty increases, the yield per terahash decreases at constant energy costs. So long-term or lifelong contracts quickly become unattractive. This is the next halving in May 2020 into the house.
Do not say later, I would not have warned you, no one has money to give away for free!
Genesis-Mining isn't a scam company, but you won't ever get ROI with them on any contract. I'm now on BTC mining (-90% ROI within last 8 months) and DASH mining (on small contract, but still, will check the results a few months later).
So there is no way i can win some bitcoin or crypto?
Saw this chick on ig saying she made a killin on a platform. I asked her how then she sent me the platform she uses to make more bitcoin. I'm glad I did my research and listened to this video. You just can't trust folks these days. Saddening.
That's messed up.
Hi! Thanks for being honest! Can you please tell me of the safest way to mine Bitcoin please! I mean where I can my smaller packages. Thank you Man
Thanks man you just saved me a lot of trouble
I like the information presented here.
ok I totally agree that they don't pay enough and … , but here in Europe there is a big problem we can't find a miner if u want to buy from Antminer Europe u have to pay nearly double 2500 euro for s17 and of course its sold out , Alibaba china really hard to trust . any suggestion ??
See this its new and have fast Roii 1 Month
https://innovamine.io/id/211320
https://digitalmining.club/register?ref=Episkey
Get 3% discount of Genesis Mining with this code 9sFBvY. Also I've invested at the beginning of the year 5000$ and right now all my money i got them back. On top of that what is left over i managed to add 100th extra. So now I'm on at least 300% =+ plus. So i guess mostly depend on the time you invest and when not so many buying. For example now the difficulty increased due to the spike in btc price so many start mmining as a result the output is llower however I'm more than happy without bothering if my equipment are down , electrical problem etc
I was recently contacted by Genesis Mining VIP support department.
They were ‘embarrassed’ about the way they handled my case. Haha they even tried to get me to reinvest! Having canceled my so called infinite contracts. Avoid them like the plague!
You have been warned! Thanks for posting .. lol your vid brings it all back 🙂
btc is 11,000 usd at the moment .. its a long term investment .. not a daily investment ..
https://www.youtube.com/watch?v=5ZgC9uRiETc
dogejob cloud ming – fresh baked dogecoin earn often and often.
Has anyone ever heard of http://www.bitxminer.com ?
so true, i hope everyone pays attention, great content very informative
Nice vid Vosk! So to make a long story short, do your own mining rather than supporting a cloud mining service i.e. Genesis, Hashflare, etc….
Some still work and will give profits for a while, check out https://innovamine.io/id/92 instant withdraws and invests, if should try them, you can only spend 25-30 usd and see for yourself, use coupon SUPERHASH_2 for 6% bonus on hashrate
Hey I just used your code for Genesis Mining. I looked you up for you code I've been watching your video back when you only had 4,000 subs. Here is my Bitcoin address: 14XFEP6XBnok6qvBiM7aMD31Jh5sjvovFA
Cloud Mining is the best because you don’t send your bitcoin to anyone. So you can never be scammed In Cloud mining.
My Cloud Miner is the best Mr Shaw Brandon reach him at cryptoshawbrandon@gmail. com
not really.. but your basically paying $100 for them to mine you $101 worth of coin lol…
so no,, some arent scams… they're just routing on people investing 100's of thousands to collect more interest then you get mining
pfft lol.
these F Companies change the contracts as they please change the F rules and rates so DO NOT BUY any BS CONTRACTS with them any of them … you are better off buying the coins and or trade them …
i invested in hashflare and lost 1000 don't invest in cloud mining websites. .
You lost in every way…and now you have to pay taxes on it too.
It not a scam.but maybe more of a gamble In the end.
Always love your advice, but I've already got my apartment's electricity use tapped out with gpus and asics. Just signed up for a small Dash contract on genesis with your code. Seems legit for a very small passive income. Know I won't get rich off it. Hopefully you get a little cut. Cheers!
https://www.reddit.com/r/GenesisMining/
May I can invest now?
I want to introduce you to my hacker he helps to generate, mining Bitcoin to generate Bitcoin to blockcain, coinbase etc he doesn't disappoint he's trustworthy contact him on whatsapp +18456059024 or hackeryunochang405 @gmail
It probably is junk to begin with, but for us in Hawaii BTC is pretty much impossible to obtain. Cloud mining is the only way to get any at all. Besides localbitcoins their is no way to buy btc here anyone got a alternative?
Hashflare for sure is a scam.I was gullable.
There's this one besite where you can invest $540 million and return $54 million.
I have investments in hashflare. I can tell that it is not scam! Cloud mining is good source of passive income but not millions of dollars. I think it was possible get $40000 investing $5000.
Even hashflare is not profit-making now I trust them. I keep my contract and wait for problems solving.
Genesis Mining is definitely not a scam. So many people are mining with GM and have their profits rise from day to day. I’m mining with GM for a long time and never have I ever felt like I am scammed. They were very open about mining market crisis and offered a solution. I upgraded my contract and until now it seems to be a smart move. So we all can only hope mining market will recover and our profits will rise.
of course it's nothing but scam. Want my money back:(((
We all need to know that Genesis Mining is not responsible for the money losts we all survived, the market got really bad, it turned and that made us loos money. I am very satisfied with Genesis Mining, with the contract that I chose. It's 2 year one and for now I have returned the money I lost when the market crashed. Cripto is the future people!
Thanks was looking at bitdeer 500$ for 50 th for year wow great deal right,,NO after you add up the maintenance fees,make like few hundred bucks if lucky .
Dude, you bought the mining contract not the coin. At the end of the day, its all just gambling. Hold on to those coins until the next bull run.
best mining platform: https://minergate.com/a/260ad5815f60205a0cbad845
So I wouldn't say Genesis Mining is a scam. Market changes and we have all agreed to that when we invested. I thing they are legit. I haven't had any problems with them till now and they were fair when it comes to my contract.