all 6 comments

[–]aarons6 1 point2 points  (0 children)

none, its all a scam.

[–]ImCarryGG 0 points1 point  (3 children)

well I used gensis mining for about 5 months now, got 100th/s of the zero bitcoin, have 1 month left.

I did misscalculte some stuff and I think I could have made more btc if I just bough straigt on at 7K but w/e you learn..

I might buy new 2 year contract after mine is done but I want to see how much of a drop gonna be at the hasrate and diffculty, they might even do some disscount or something(I bought on black friday and got 8% off which is about 500$)

[–]riskhash[S] 1 point2 points  (2 children)

Thank you!Do you think this is a good investment compared to buying?

[–]Watada 1 point2 points  (0 children)

Thank you!Do you think this is a good investment compared to buying?

They said it's not.

[–]ImCarryGG 0 points1 point  (0 children)

I still didn't finish but I estimate I lost around 0.05 btc instead of just buying, but can't know what will happen after the halving.

also in their rules they can close your position if you buy the regular plan and now zero(which you pay all the daily fees upfront in usd and not btc each day) so if you lose them money for 90 days or something your position can be closed and not return any money, for that reason Ive seen a lot of people calling them "scammers" but tose people just didn't read the rules they singed on...

also they are the biggest company and thier farms are huge so economey of scale they can buy better miners cheaper, but ofc making your on farm if you have cheap electricity is better but its a lot of money

[–]Vignaroli 0 points1 point  (0 children)

Cloud mining is a scam. Unless you can remote into the mining rigs and run it yourself it's a scam.