Is Genesis Cloud Mining Legit?

in #crypto-news8 years ago (edited)


Hey guys, it's the voice of the blockchain, Satoshi's big cousin, cryptography's finest, Champagne Crypto here, thanks for tuning in.

Today I want talk about Genesis Mining. Is Genesis Cloud Mining Legit? Is it a scam?

Genesis Mining is website where users can purchase cloud computing power and start mining Bitcoin, Ethereum, Litecoin, and more daily. Based on my earnings and video evidence of the cloud mining farms in Iceland by both the Genesis Mining team and Youtubers and Steemians online, I'd say Genesis is NOT a scam. Genesis Mining seems to be a legit way to start earning crypto currency daily.

Leave a comment below.

Join Genesis now! Earn Bitcoin and Ethereum daily!
Use promo code zM3Ejh and get a 3% discount:
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Here's a post highlighting earnings on a SHA-256 Bitcoin mining contract:
https://steemit.com/crypto-news/@champagnecrypto/hashflare-vs-genesis-bitcoin-cloud-mining-update

Check out @trevonjb inside the Genesis Mining Farm:
https://steemit.com/trevonjb/@trevonjb/i-went-inside-genesis-minings-bitcoin-and-ethereum-mining-farm

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I just bought a bitcoin mining contract from genesis for $350 using your code.
If you return the favor that would be awesome. code bnSk3E
Thanks and keep booming.

I'm ready to Kaboom with you! I used your code to by a Dash mining contract. I will be updating daily. I would have gotten 1000MH/s but they have a $100/day limit.
here's my code: w2vF1P

Much better if you would buy hashing power from nicehash.

Thanks for the heads up. This seems a little more advanced than genesis. How easy was it to get started?

If you didn't think it was legit you would not be investing in it and posting a link! :)

I love your positive energy and you're so cool man keep it up bro! Peace ✌

We're boomin' out the water!

Genesis is an amazing way to mine crypto - kaboom!

Watching your stream online rn, nice post btw :) <3 ITS A BOOMMM LIKE NO OTHER

Good to know.. Watching your stream live atm

Thanks for tuning in. SHout out to you @bitfairy Keep BOOMIN!

Thanks to you Satoshi's big cousin :)

Thanks for always being the voice of the blockchain. I never miss an episode. Steem on!

Lets hope it's not another mtgox :/

Genesis is not a scam! The site has been operating for a few years now. I joined it around March of this year, and I'm getting daily payouts everyday. The only thing is that the mining difficulty keeps going up so the reward is not as much

I have no doubt that it is a legit company, I also follow your videos and blogs, I like your posts. But I have some doubts about profitability. For instance, 30 MH/s Ethereum mining contract is over 800 $ Normally 30 MH/s AMD GPU is 250$ so the question is ROI of the investment. How much time will it take? Will the difficulty of Ethereum rise and my ROI duration will extend more.

Thanks for your reply. I made a video comparing Genesis and Hashflare. Linked in this post. I calculated a ROI at about 196 days.

I think that Genesis Mining is legit specially after I saw the video of @trevonjb inside Genesis mining warehouse.

The only thing I fear is of a natural disaster wiping out their warehouse.

Looking into this! @champagnecrypto follow me @arckitt as a noob from steemit. I follow all your stuff! Thx for your support to a small fry.
arckitt

I agree with you BOOMER, GM is legit and paying out. I am actually seeing a nice return and some of my payouts have been held do to using my credit card the first few times I ordered. So after 7/10 it should be piling in more.

I have found best way to get the contracts is convert SBD to LTC or buy LTC on coinbase and buy direct contracts with LTC on GM and its instant. That might be a no brainer for some people but newbies need help!

Keep booming blockchain bro!

Genesis mining is legit 100%.

Of course it is legit, but I think it is more profitable if you just invest in directly into the cryptocurrency or at least mine yourself.

Agree. Building your own rig could be more profitable, but in the meantime this is a good way to start earning immediately.

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Started following you, very informative posts.

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just saw your youtube video . cheers, would love one of your 20$ votes ;)