Genesis, Hashflare, and Minegate

in steemit •  7 years ago 

image

Genesis Mining Review
image

I wasn't sure what to expect since this was my first attempt at mining for cryptocurrency. There are a lot of Youtube videos pointing how successful they are with mining from the Genesis, but there are a lot of skeptics as well. I purchased 5 m/h on a Ether contract to start.

Pros:

  • 2 year contract on Ethereum
  • You get paid everyday (not at first)
  • You can mine bitcoin, ether, monero, dash, litecoin, zcash, STEEM, and a few others i don't know about
  • Customer service is extremely helpful and very responsive

Cons:

  • It takes about 32 days before your first payment goes through. Until then they're all pending
  • I've had a few cases where referrals didn't go through.
  • You must meet a payment threshold. To get paid everyday. Otherwise you will get paid whenever you hit the threshold~
  • Cost more than others

So far I'm a little over a month in and based on the current prices I have received a little over $30 in Ether and a few dollars in Ethereum Classic. So far it seems pretty safe. If Ethereum and Ethereum Classic stay at the price they are today...
I should get my money back in 4 months. If the price goes up then I will make it back much faster and will probably re-invest half of my profits.
image

Hashflare Mining Review

I signed up with Hashflare shortly after I started with Genesis. I bought 1 T/H on SHA-256 so far I've had a pretty good experience. Like Genesis, it will probably take a 4 months or so to get my money back.
image

Pros:

  • 10% reward in bitcoin for referrals. Someone spends $1000 and you will get $100 in bitcoin.
  • They have earnings calculator
  • You have the option to mine in different pools.
  • You can choose several pools or mine in just one.
  • You can mine bitcoin, ether, zcoin, and dash
  • Cheaper than Genesis

Cons:

  • Only has 1 year contracts
  • Bitcoin maintenance fee seems high
    image
  • Not as many coin options

.
.
.

Minergate Mining Review

My opinion... Sucks! There is something always wrong with this site and doesn't seem to be very profitable.

................

Https://www.genesis-mining.com/a/885195
Promo code Z1AbcT

Https://hashflare.io/r/1437dfc1
Promo code 1437dfc1

Use my referral link and get $10 of bitcoin for free when you buy $100 or more of cryptocurrency. https://www.coinbase.com/join/5925f4eb3c54100a2c23ec58

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

will look further into these thank you very much :)

Congratulations @livetaboo! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of posts published

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!