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Thoughts on Genesis Bitcoin mining....

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#1 rpsmith

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Posted 14 September 2017 - 02:17 PM

Hi,

I ran across an entry in a thread that stated that Genesis Mining was a reputable company and paying. I was interested, but did not get a response from the member who made the statement.

 

Is there anyone out there that has any info about this company that can share it?

 

Here is the link.

 

Any info would be appreciated.

Thanks.


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#2 Darren Olander

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Posted 14 September 2017 - 06:43 PM

Yes, I purchased a mining contract almost a year ago from Genesis Mining and they have been paying me. I would have been better of just buying and holding the coin though, I'm not sure mining is worth it, it will end up just being a small profit, but if I would have just bought the coin with that money at the time it would have been much larger profit.


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#3 simplygenius

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Posted 15 September 2017 - 03:19 PM

Yes, I purchased a mining contract almost a year ago from Genesis Mining and they have been paying me. I would have been better of just buying and holding the coin though, I'm not sure mining is worth it, it will end up just being a small profit, but if I would have just bought the coin with that money at the time it would have been much larger profit.

 

Genesis is genuine based on reviews and feedback plus thorough research and as what Darren said you will make a small profit but nothing to climb to the skies with.

 

Bitcoin mining is resource dependent so even if you have your own gig set up you will make something  but nothing exorbitant when costs are deducted as the blocks for bitcoins do not spit bitcoins out by the ton anymore so fake claims of earning 3,24 bitcoins in record time in 2017 are just that - fake claims.


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#4 jackchun

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Posted 24 January 2018 - 05:25 AM

How genseis mining pay us? Will it paying in PayPal or bank check? thx!
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#5 Darren Olander

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Posted 24 January 2018 - 12:05 PM

How genseis mining pay us? Will it paying in PayPal or bank check? thx!

 

They pay you in crypto depending on which one you have purchased a mining contract for.


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