Yes or no genesis mining? Honest expirience

in #cryptocurrency8 years ago

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Every day see more peoples on you tube promoting genesis mining but is that for you??? Answer is simple if you can bring lot peoples into genesis to use your promote code yes if you are like me then stay away from it? My conclusion is it works more like referring peoples than making money fore you. I hear about genesis mining and find some calculator to see profit. Was looking for 500 mh/s which was 49 dash at that time and when put all in calculator it show me 138 dash in two years. So I buy it. Maybe 10 days after that dash go up very fast and same hash power was 26 dash to buy. That moment it was clear to me I will never get back my 49 dash. At start I get 0.16 dash per day and now just 20 days later it is just 0.13 dash. Problem is if dash go up more peoples start mining and more hash power is there you get less. Just 20 days my payout go from 0.16 to 0.13. Can you imagine what would be if dash go to 500$? I will get 0.02 dash per day. For sure I will get more in $ than my 49 dash has valued than but never will get back my 49 dash I pay for it. Later was thinking it would be good if I pay it 2500$ I will get back more then that for sure but better is to buy dash and just hold. Every day see more and more peoples talking about genesis. Probably some of them are paid by genesis to promote them. Don't let them to involve you into this because it's much better to keep your bitcoin or dash then start with this. They talk it's better than masternode??? Are they so stupid or genesis pay them!!!!!! Masternode you keep your dash and getting more and here never get back your invest. and they told it's better they get more then dash per day then masternode. So it's crap and like I told you if you can't involve lot peoples into this to use your code it's not for you stay away from it.

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Not just no, but hell now. I will never use Genesis again. A few BTC went up in smoke.

I also buy bitcoin mining for 1.6 btc and dash for 49 dash. hope I will get back half

Think a 1000 times before getting into cloud mining !!! There is no transparency in Genesis Mining . 2 year contracts will lock your money for a good time...

It's their daily forced withdraws I don't like, everything should be voluntary. They don't give you a warning saying if you withdraw once you will be forced to withdraw daily...

"thirds rule strategy"

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