Unregulated Genesis Mining risk assesment, and my open bazzar store selling bitcoin pillowssteemCreated with Sketch.

in cryptocurrency •  8 years ago 


NOW is what it is, no reasoning behind it... http://craigonesun.com


YVhXDJ = Genesis Mining 3% discount https://www.genesis-mining.com/a/224536

Someone who buys a contract for less than $50 and never upgrades will most likely lose. To win with genesis mining I recommend upgrading your contract once every week.

By investing small amounts over time, eventually my daily payments overtook the amount I invest, right now I earn about $10 BTC per day ($300 per month), so I can upgrade my lifetime contract with $30 weekly to increase my daily payment, and still have $180 profit.

Some customers start with a large purchase of hash power to receive large daily payments they can re-invest frequently. Genesis Mining does all the work, and I get paid daily.


Genesis Mining farm located in Iceland


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UPDATE : since uploading this video I recieved a payment from genesis, while their web site was still down

You always really make me laugh . Now you even sell bitcoin pillows ⛑ ?!?

and I laugh when I imagine you laughing :)

Dude,

You are one of the most selfish persons here on earth. You pay the persons the persons who follow you with scams.

Cloudmining is NEVER profitable... check bitcointalk.

Genesis Mining Has scammed their clients in the past... check bitcointalk, and while you are at it check why there are no negatives reviews on their own thread... Yes they delete them.

You are promoting a scam while you earn on it.

Even if you investing with more then 50 USD then you still lose. The only ones who benefit is Genesis Mining and you, because you are greedy for a few cents Genesis Mining give you.
https://bitcointalk.org/index.php?topic=1803898.new#new

you are right, I'm a selfish scammer, I can take responsibility for that, and anyone who feels like they've been scammed should also take personal responsibility for getting scammed

I knew I heard something negative about "Genesis-Mining" way back when I first started this crypt0 journey! After hearing people here on Steemit promoting it heavily, I just thght maybe I was wrong and it was perhaps another company. But nope, it was Genesis! SMH
@maritijames It all depends on how you look@ CloudMining. Remember, & Craig has said this as well! It's not about the ROi but rather what you do with the payments!
I am a Day-Trader and so, I can flip that payment and get my ROi back faster & some than say, If I wasn't to do nothing@all but wait for those payments. But yeah, the money you put up for the little Hash they give is terrible! I will NEVER get involved with them! Let me know what you think of Nicehash - https://www.nicehash.com/ No contracts and you buy/sell directly from the miners ;)
I currently mine off of my system via Nicehash but never purchased hash yet but I plan on doing so, soon!

The worst is "E0b0t" but luckily I only put in $10 to test out and it's so not worth if you sit & do nothing with the payouts! Every time it mines me 1 STEEM it automatically sends it off to my Steemit Acc. So, when STEEM reaches Big numbers(near future), it will be worth it! And again, I can trade that STEEM to make more STEEM if I choose as well.

Very good advise and I do all the same.
Happy trading today! Make some btc just not off me ;-)

  ·  8 years ago (edited)

Didn't I tell ya not to trust Genesis-Mining! Get with Nicehash!
And I'll be selling my mining machine just like Craig did but, for different reasons. Find me on OpenBazaar ;)
0pen Bazaar St0re Fr0nt_2017 - Copy.PNG
No items listed just yet however. $oon...
b8e3632850642bff9f80cf2775d2522861198b3b

SHOW SOME L0VE:
https://steemit.com/music/@tradz/it-s-mari0-s0ng-s0n-s-birthdate-big-her0-62-24-17

Why would a profitable mining farm need to sell anyone interest in their business? The reason I commented on your last Genesis post is I've been warning newer fellow crypto enthusiasts against vs. for investing in cloud mining after watching so many including myself lose money in them over the past three years.

when you say "them", of course you lost money, because investing money in cloud mining other than genesis, then losing is the most likely result. To invest weekly in genesis, winning is the only result as long as bitcoin keeps going up in value.

I guess we must agree to disagree, I'll keep preaching to others not to invest in cloud mining while others promote it. My only interest is to help those in the crypto community not fall into traps the rest of us already have.
Thank you for getting me involved in Burst a couple of weeks ago. I like the mechanics and community so far.

I implore you to keep warning others about cloud mining scams, as I accept that everything flows better with balance. Me saying yes to genesis and you saying no is balance