Genesis Mining

Reputable cloud mining provider since February, 2014. As their cryptocurrency mining company and its user base grew, new mining farms were built up and several additional people hired, specifically programmers and engineers.

How was your experience with Genesis Mining?
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User Review
4.38 (8 votes)

12 comments

  1. Dane O. says:

    Really love this Service. +++

  2. DrGenthivo says:

    After doing much research, I chose this company. Very Happy with my new contract. Genesis Mining is the best deal on the market, with sure!

  3. Fernando Erneiro says:

    Reliable company, I’m really happy with my payments and I will soon buy more hashpower

  4. nico says:

    using it since 14 months now

  5. dwild says:

    They offer a great service and the support is quick. Sadly though, with their high daily maintenance fee, it’s simply impossible to get your money back, let alone make a profit over it.

    At the current high bitcoin price of 660$, it represent 51% of your revenue and as the difficulty increase with time, it will get down quickly and when it will get lower than the maintenance cost, they will close your contract. You will get about 41.6% of what you invested back from them at that point in time.

    You can confirm that using this profitability calculator: http://www.bitcoinx.com/profit/

    For the Electricity rate put your hashrate * 0.0004 , which is their fee and for the power consumption use 41.66666, which will give 1 kWh/day (so that the electricity rate become a daily rate).

    It give me 15 months with a return rate of 41.6% of my initial investment, after that it get lower (which means my contract will get closed).

    Avoid them at all cost, you will lose money.

  6. JVerstry says:

    If you want to know how profitable Genesis Mining contracts are, I have shared real numbers here: http://www.mytechnotes.biz/2017/04/cloud-mining-how-much-can-you-make.html

  7. james darko says:

    i put 18 k usd in genesis, were at 3 months , i got half back yet (9400) its agood investment , not the best in crypto but a more stable one

  8. james darko says:

    Alright so here it is, don’t ever invest in genesis , there is no way to make a profit, even have your money back, I bought a 2 years contract and 3 months in is almost not paying and will stop paying in 2 months if I’m lucky. It was an 18 000 $ investment, I will lose around 5-6 k on it. If you invest less money it’s gonna be even worse. If you want something really profitable that give you money every day like Genesis but you get your money back at the end, try this http://www.bit.ly/2vSX0xx , there is nothing to compare and cliff mention it in one of his report for those who know him, and again don’t invest in genesis
    i quote one sttar but i would vote minus 5 star

  9. Nina11 says:

    My experience mining with Genesis Minig is very positive. From their customer service that has always been fast in solving my dificulties to their transparency and how they have been open about company status and mining market ingeneral. Now, I know there will always be negative comments and that’s ok but my experience is positive and I can say that I have allways felt safe and like my investment is in legit place. My contracts, and I have a few in GM, are all running and are profitable even after so long since I started mining. I upgraded them as I was offered from Genesis, and I am more than satisfied with how things are going.

  10. michaela says:

    I have a contract in Genesis MIning and I am very happy with it. I have never regretted for starting mining with them. Until now they have been fair in telling real mining market status. I value that in company that I invest my money at. To be honest, I wouldn’t invest anywhere else since GM is proven to be legit and transparen

  11. RinaSa says:

    I think it is definitely worth buying Gm contracts.I have a few and never have I regreted. They are all working just fine all the time. So, I have upgraded my contracts to Radiant when I was offered from Genesis and I think I did the right thing. I don’t see any problems with my paymants untill now, it is all ok. Overall, I am more than satisfied with GM as a platform/company so I would allways reccomend buying contracts in GM. They are legit and transparent and I feel secure with my investment. I am thinking about investing there again.

  12. michaela says:

    Genesis Mining is definitely going places. It is not a biggest mining company with no reason, I feel like my investment is in a good place, and my paymants are regular and on time.

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