Community post
CRYPRO MINING
https://www.genesis-mining.com/files/150x150/GM_LS-Banners_150x150px.gif
Is this the best platform for Bitcoin mining ?
I am new to it and have a little bit invested with Genesis now. Seems to be good so far over the last couple of weeks, but i would love to know everyones opining for the best strategy for crypto investment.
Is mining the best ? is just buying and holding a better plan ? What is everyones experience
Lets help each other by sharing what everyone learns weather its good or bad.
Have a great day !
Mike
Replies (10)
I started with Genesis Mining with a small amount of money and I am not happy with that company bcs of poor service. I miss several payouts and the service desk doesn't work at all. In comparism to Hashflare which has a good service and answers within 48 h. Beside this Hashflare has good graphical charts. I cannot recommend any of that companies at the moment because I am still testing. But as for this sensitive business a company MUST have an available service.
Thank you very much, i also found that the last 3 weeks have been all over the place. .I have not heard of hashflare before, will have a look now! by the way have your payments turned normal ? last 3 days for me they started to pay out every day and I'm all caught up now.
https://hashflare.io - Thats the website of Hashflare.
My payouts on Genesis are going also constantly daily. I am happy about that, but I am still concerned about the missing payouts where I got no response by the service.
i hope that they sort those out for you !!!
You are invited to discuss opinions of Genesis as well as other cloud mining services on our @coderotation blog. You can find discount codes here and also if you end up trying it or other services out share your experiences in the CR Trollbox as well as your affiliate code!
awesome thank you
Crypto market is up 800% since January... I don't know anybody that bought cloud mining power and got back the amount they invested plus 800% growth in 8 months.... Maybe it will change in the next years but at the moment buying and holding is much better...
When i started counting what i found is that in order to by the coins in one go it would cost 2 times more expensive then to mine them, its just that if you mine them it takes you longer to get them. So you still benefit from all the growth just takes you longer to collect everything that is yours. But that is if you are not in it to trade.
Today HF announced a 2x price increase for BTC mining (1.2 per 10GH/s), but it looks still profitable. Never know what is changed tomorrow.
Genesis Mining is the biggest and most transparent cloud mining company online. They have been around 3 years plus with 500 000 members.
I have been with them for 14 months now and they did have some challenges in the last 4 weeks, but it is all back to normal now. Hash power for bitcoin, x11 and litecoin to be added soon. See their Twitter feed.
There are loads of videos on YT with proof of their mining farms. They are so big that Pool miners like BitClub is using their farms for hashing power.
I have 100% peace of mind to recommend them to you.
Cheers. :)